2013 volume 23 issue 4

Managing the Fire Hose

Investment Community Perspective

Some time ago I wrote an article entitled Drinking from the Fire Hose, which described how investors are drowning in information. There are always seemingly good legal reasons for providing more information and if the investment world included just one company, reams of information would be welcomed. However, the investment world involves thousands of investment choices; ironically, information on thousands of companies often drowns investors in detail, as they just cannot process it quickly enough. Presumably, if everyone knew everything, great decisions would be made and losses would be avoided. That scenario sounds great but it is just not reality. | Read Article |

Barebones IR for Small Caps

Canadian IR Practitioner Perspective

As a small cap issuer, you know that the investor relations function is important, but you don’t have much of a budget – or maybe an individual who is a full-time IRO. As market conditions fluctuate and companies suffer, an unfortunate result is that often the IRO is let go. Then investor relations falls to the CEO and/or CFO (who are also busy running the company and so cannot allocate as much time as desired to the IR role) and/or to the Administrative Assistant (who may not have the knowledge or experience to effectively fulfill the function). | Read Article |

On July 30, 2013, the Ontario Securities Commission (“OSC”) issued OSC Staff Consultation Paper 58-401 – Disclosure Requirements Regarding Women on Boards and in Senior Management (the “Consultation Paper”) seeking input on a proposal that would require companies listed on the Toronto Stock Exchange to provide disclosure regarding gender diversity. | Read Article |

In the tax arena, the issue of corporations paying their ‘fair share’ is getting significant scrutiny by governments, the general public and the media. This shift represents a fundamental global change in attitude and approach to tax. Many countries’ tax regimes have fallen behind current business models and practices, contributing to real and perceived inequities. These issues have also been the focus of recent reports by the Organization for Economic Co-operation and Development (OECD), including its Action Plan for dealing with Base Erosion and Profit Shifting (BEPS). | Read Article |

Despite the fact that I use a wide variety of digital tools on a daily basis, I too occasionally find myself shaking my head and wondering who it was that said technology would make our lives easier. | Read Article |

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