High paid U.S. CEOs could end up costing their companies a pile of tax...
The executive compensation change would raise $12.1 billion over 10 years and help finance lower tax rates
View ArticleHow institutional investors can keep activists at bay
The key is creating a management team with the right mix of skill sets and using that team to execute a very specific kind of approach.
View ArticleShareholder activism hurting bondholders, Moody's report says
'Shareholder activism has been gaining ground and shows no sign of losing momentum in early 2014…corporate bondholders could face a rising tide of credit-negative events as the year progresses'
View ArticleSay-on-pay movement on the rise in Canada, but is it changing anything?
Although public revolts by shareholders are relatively rare in Canada, say-on-pay votes are becoming more common even though the results of these voluntary ballots on executive pay are nonbinding on...
View ArticleTarget's interim 'workhorse' board chair to play unusually active advisory...
With the its brand reputation in flux and its long-time CEO now a free agent, Target has turned to 53-year-old Roxanne Austin to help guide interim CEO John Mulligan through its transition.
View ArticleShould shareholders rule? No, let boards decide
Yvan Allaire: Board of directors have the best record at extracting good deals for their shareholders
View ArticleLen Racioppo says proxy advisory firms need to disclose conflicts and...
35-year veteran of money management is critical of the work done by the firms in recommending deals, takeovers or mergers, terming it 'less than exemplary'
View ArticleMontreal lawyer suggests way for investors to challenge abusive compensation...
Montreal lawyer Carl Ravinksy thinks the federal government should amend Canadian law to make it easier for shareholders to challenge executive compensation plans in court
View ArticleHow to find the next Apple Inc.
Only 16 companies in the world traded on a similar valuation as Apple did a year ago — Here are the contenders both in Asia and the West
View ArticleTensions rising in bank boardrooms as OSFI's new rules blur boundaries
Directors are being asked to do more than can be or should be expected of them, insiders say, and that is causing friction with management
View ArticleWhy CEO turnover is on the rise
Failure almost always comes down to leadership style, or a lack of emotional intelligence, rather than technical ability
View ArticleNew rules should see ‘significant progress’ in increasing women on boards of...
Rules aimed at boosting the number of women on boards and in senior management are expected to be released Wednesday by Ontario securities regulators
View ArticleDoes advice from proxy advisory firms really help shareholders?
For public companies and investors who follow powerful proxy advisory firms' recommendations, new research suggests the advice may not be as useful as the advisors’ reputation might suggest
View ArticleDissident TVA shareholders in a bind
From the perspective of minority shareholders in TVA Group, the situation is a mess and seems set to get even messier – with a possibility that it could get downright ugly
View ArticleFrom Cara Operations Ltd to Shopify Inc: Why dual class shares are suddenly...
Corporate governance gurus might not like dual-class shares, but that doesn't keep investors from buying them
View ArticleThe case for ditching the quarterly financial report: 'Quarterly earnings are...
Corporate governance experts suggest companies replace quarterly financial reports with a less frequent update, such as half-year results
View ArticleBy the Numbers: Women still a minority in Canadian boardrooms
The breakdown of board membership by gender for the TSX's top 60 companies shows women are still in minority in Corporate Canada
View ArticleCIBC CEO tells panel on women on boards: 'You should push us' on gender targets
Getting more women on the boards of corporations should be viewed as a business goal rather than a quota, the head Catalyst Canada told an OSC panel on the issue
View ArticleMultiple voting shares a Canadian specialty that dump disproportionate risk...
University of Toronto law professor Anita Anand is a harsh critic of the multiple voting shares model which she says undermines corporate governance and disenfranchises shareholders
View ArticleThree ways to reform multiple voting share structures — if they don't ban them
If the regulators don’t ban new issuers of multiple voting share companies — and given the recent history that’s a fairly reasonable assumption – then what to do to ensure that the rights of minority...
View Article'Zombie' directors wander boardrooms in spite of new TSX rule
Only one of 10 directors who failed to win shareholder's support had their resignation accepted, because the rules give companies too much wiggle room to keep them on, critics say
View ArticleOntario judges no longer 'pushovers' in securities class actions
There is mounting evidence that Ontario judges and courts aren’t pushovers when it comes to allowing statutory securities class actions to proceed
View ArticleAnother demand for Pivot Technologies to conduct auction as opposition to...
Other shareholders are calling for the proposed offer to be 'sweetened' with another criticism being that 'the current shareholders of Pivot are being put on the sidelines when it comes to the decision...
View ArticleA bailout won't fix Bombardier's biggest problems: family control and...
The Bombardier/Beaudoin families hold almost 60 per cent of voting power in the corporation, despite holding an economic interest of just one-quarter of that figure
View ArticleFor Disney, buying time with Robert Iger may help groom the next CEO
With Thomas Staggs, Disney's COO and heir apparent, stepping down, the search is on for a new CEO to head up the Magic Kingdom after Robert Iger retires in June 2018
View ArticleBailing out dual-class companies does not reward every shareholder equally
The prospect of bailing out a dual-class company is raising eyebrows in governance circles and boardrooms across the land
View ArticleRisk of environmental spill liability remains for Ontario officers and directors
Ontario officers and directors will remain personally liable for environmental spills after the Supreme Court of Canada refused to hear a challenge
View ArticleRichard M. Tattersall, ICD.D, CFA Senior Vice-President: Heathbridge Capital...
Richard worked in equity research during the summers of 1986 through 1988 with Merrill Lynch Canada.
View ArticleBill introduced in Parliament would vanquish 'zombie' directors who fail to...
TSX rules are being criticized for allowing boards to reject resignation of a defeated director if there are 'exceptional' circumstances that require continued participation
View ArticleInnovation minister makes business case for gender parity on boards
The federal government hopes its corporate governance bill will improve gender diversity on corporate boards, but won't rule out quotas if the problem persists
View ArticleHow the terms 'corporate social responsibility' and 'sustainability' were...
Germain Belzile: Some would impose a definition of social responsibility that extends beyond the constraints already found in laws
View ArticleOne aim of proxy access: Getting the board the large shareholders want
Issuers, at least those that are part of the S&P/TSX 60 index, be prepared: proxy access is coming to Canada and it’s all part of the growing momentum of shareholders
View ArticleFormer Look Communication chief ordered to repay $5.57-million
Barry Critchley: It has taken almost seven years but finally shareholders will see some reward for the work done by a group of dissidents at Unique Broadband Systems
View ArticleSupreme Court of Canada clarifies law on directors' personal exposure to...
The remedy provides a statutory grounds for compensation, and nothing more, wrote Justice Suzanne Côté
View ArticleGibson Energy's largest shareholder goes public with a list of demands
M&G is asking the Calgary-based company to focus on its core infrastructure assets, sell some of its assets, and develop a clear strategy
View ArticleAs Sears Canada head moves to launch bid, wife's role in company raises...
Jennifer Stranzl’s contract as chief marketing advisor, which was never publicly disclosed, could cast a shadow over her husband’s reputation as he struggles to save the ailing retailer
View ArticleWhen a CEO's self-interest rises above his duty to the company
How one exec hoodwinked the board to get a great pay package — and got fired
View Article'Like the perfect storm': An FP Investigation into the events that took Home...
New documents suggest company's problems were deep seated and that it was drawing increased scrutiny from regulators in the weeks before its mortgage fraud troubles became public
View ArticleActivists not easing up on Canadian companies, Kingsdale Advisors says
Company's Proxy Season Review 2017 finds number of proxy fights down, but that activists are finding other ways to gain influence.
View ArticleResponsible investing will be replaced by 'investing with no prefixes'
Barry Critchley: Looking at environmental, social and governance issues will be the way things are done
View ArticleFive things you should know before you start your work day on Dec. 5
Here are a few of the key stories we're keeping an eye on today in the Financial Post
View ArticleTerence Corcoran: Liberals launch a fresh attack on corporations. They may...
The government is fighting to impose ‘diversity’ on boards and management
View ArticleLooking for a few more good people: Why independent directors are in short...
The rise of shareholder activism has heavily leaned on independent directors making the role more risky and scaring off qualified candidates. Even regulators have begun to take notice
View ArticlePolitics, culture and engagement are on the minds of corporate directors in 2019
Rahul Bhardwaj: Effective boards that apply hindsight, insight and foresight are the best assets for companies navigating 2019
View ArticleWhat post-pandemic corporate governance might look like
Opinion: In an uncertain world. a board of directors must call on management to build buffers and redundancy and to hoard strategic and financial resources
View ArticleOpinion: Pick one — conformist governance or good capital allocation
You might assume that following best practices correlates with superior performance and shareholder loyalty. But that does not appear to be the case
View ArticleCEOs raked in hefty dividends as their companies accepted CEWS, Financial...
Share ownership seen as gold standard of good governance, but dividends raise potential for conflict, experts say
View ArticleAlberta looks to cut red tape for growth capital with proposed 'corporate...
The waivers would allow private corporations to set their own rules regarding when directors could invest in other companies and take part in projects in related industries
View ArticleBoards must look beyond the share price for CEO to navigate today's...
Corporate blueprint — two years in the making — lays out best practices in age of climate and technological change and geopolitical risk
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