When Bill Ackman of Pershing Square came knocking at the door of Canadian Pacific Railway with a request for two board seats, it struck many as a move doomed to failure.
![]()
| View Original |
The 2013 Executive Compensation Principles provides the latest CCGG thoughts on designing an effective executive compensation program.
![]()
| View Original |
While investors seek to regain trust in financial reporting, some say that the auditing profession is at a crossroads and that now is the time to take stock of what audit can do to enhance its value in the public interest.
![]()
| View Original |
At a hearing of the Senate Banking Committee in Washington yesterday, exchange officials cast aspersions on alternative trading systems, or dark pools, while ATS executives criticized the regulatory structure supporting exchanges.
![]()
| View Original |
Representatives from exchanges, brokerages, and money management firms on Nov. 9 called for a review of the hundreds of exchange order types in usage. Any such examination could mushroom into a broader review of market structure, they said.
![]()
| View Original |
It seems that every few years someone, often from academia, passionately asserts that some form of stakeholder value should be the preferable corporate focus over shareholder value.
![]()
| View Original |
The TSX and TSX-V issued a joint consultation paper earlier this week intended to identify the potential risks associated with listing emerging market issuers and provide preliminary guidance to issuers with respect to applicable listing considerations.
![]()
| View Original |
Once an algorithm has reached its profitability potential in U.S. equities markets, its owner can create another successful algorithm.
![]()
| View Original |
The Canadian Securities Administrators (CSA) have approved the final changes to rules permitting the use of 'notice-and-access' for proxy solicitation. The changes will become effective on February 11, 2013, for meetings held on or after March 1, 2013.
![]()
| View Original |
Next year, the buy side is also likely to be impacted by intense pressure on management fees, an issue has been developing for some time but in 2012 seemed to reach a tipping point.
![]()
| View Original |
Recent research papers have disagreed over the effect of dark pools on price discovery.
![]()
| View Original |
Canadian Securities Administrators ("CSA") recently announced that, effective February 11, 2013, the rules governing communication between reporting issuers (other than investment funds) and their securityholders will change.
![]()
| View Original |
Canadian securities regulators have adopted new rules permitting annual
financial statements, management's discussion and analysis and meeting
circulars to be posted on public companies' websites instead of being
mailed to shareholders.
![]()
| View Original |
Social media postings by officers of public companies can form the basis of Securities and Exchange Commission (SEC) enforcement actions.
![]()
| View Original |
International financial reporting standards could become more popular, forcing the SEC to listen to foreign standards-setters.
![]()
| View Original |
Research from a leading law firm reveals four kinds of company crises that can make a share price fall immediately or in the long term.
![]()
| View Original |
Mercer, Stikeman Elliott LLP and the Generation Foundation (the philanthropic arm of Generation Investment Management) announced today the launch of a collaborative global research project exploring the concept of loyalty rewards (i.e. loyalty dividends, warrants or additional voting rights) and related instruments designed to reward corporate shareholders for retaining their shares for a specified number of months or years. The project responds to concerns that 'short-termism' in the context of economic and corporate decision-making may be damaging the way that companies are managed.
![]()
| View Original |