autres publications

autres publications

Corporate Governance Review d’Osler : un incontournable

Le cabinet Osler publie la 6e édition de sa revue de gouvernance d’entreprise : « The Corporate Governance Review ».

 

Corporate governance practices in Canada are shaped by legal rules, including provincial corporate statutes, securities regulations, stock exchange requirements and the common law, as well as best practices promoted by a range of stakeholders, such as institutional shareholder groups and professional director associations like the Institute of Corporate Directors (ICD). In addition, Canada may be unique in the role that institutional investors play in the development of corporate governance practices. For instance, the Canadian Coalition for Good Governance (CCGG) is a national institutional investor organisation comprised of 49 members that collectively manage nearly C$3 trillion in assets; the CCGG has pursued an organised programme of articulating its views and encouraging best practices generally without resorting to proxy battles.

In the recently released sixth edition of The Corporate Governance Review: Canada, authors Andrew MacDougall, Robert Yalden and John Valley examine the structure of corporate governance in Canada, with sections devoted to corporate leadership, disclosure requirements and corporate responsibility. The report also contains a section on matters related to shareholders, including rights and powers, activism, communication and takeover defences.

Perhaps most relevant is the analysis of the past year’s developments in the area of corporate governance, including the changes to the takeover bid regime, the introduction of the Ontario Securities Commission’s whistle-blowing programme, amendments to the continuous disclosure obligations of ‘venture issuers’ in Canada and the proclamation of Canada’s new Extractive Sector Transparency Measures Act.

 

À la prochaine…

Ivan Tchotourian