Ninety percent of CFOs surveyed say they should be doing more with the financial and operations data they have at hand.
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On November 1, 2016, the TSX Venture Exchange (Exchange) updated previous bulletins with regard to the adoption of four letter root symbols as stock tickers symbols. After obtaining regulatory approval for the amendments, the Exchange has now implemented amended Policy 5.8, which allows the Exchange to accommodate trading of four letter symbols.
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Increasing pressure from activist shareholders to turn quick profits is overwhelming strategic decision-making in corporate boardrooms, according to Dominic Barton, global managing partner at consultancy McKinsey.
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Bill Morneau, Canada's Minister of Finance has announced amendments to the Investment Canada Act aimed at attracting private-sector foreign investment. The Minister expressed the government's plans to make things easier for foreign investors in two ways.
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How much more scrutiny do boards of directors face these days? By one measure, a lot more: the number of activist investor deals rose 34% between 2000 and 2014. According to Bain & Company's analysis, activist investors are now the fastest-growing class of institutional investors - and more than 75% of their demands involve nominating or replacing directors on boards.
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A survey finds disclosure of information on key areas of external auditor oversight has more than doubled in the past two years.
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Results of IRmagazine.com poll show support for US system.
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Some finance chiefs struggle to drive growth while also running traditional finance functions, such as quarterly reporting and budgeting.
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In a significant decision, the British Columbia and Ontario securities commissions have upheld a contested private placement by the target of an unsolicited take-over bid where they concluded that there was a legitimate need for the financing and the private placement was not implemented as a defensive tactic in response to the bid. The securities commissions provided important guidance on the regulatory analysis and treatment of contested private placements in light of the traditional limitations on defensive tactics set forth in National Policy 62-202. The decision is notable in particular for its explicit acknowledgement of the importance of the fiduciary responsibilities and business judgment of boards of directors in this context and arguably exhibits a degree of deference to that judgment which has not often been seen on the part of Canadian securities regulators.
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Today, GRI releases its new publication 'Forging a path to integrated reporting: Insights from the GRI Corporate Leadership Group on integrated reporting'. The publication summarizes the work done by the GRI Corporate Leadership Group on integrated reporting (CLGir), revealing challenges, questions raised, and solutions from a group of experienced companies which have chosen to use an integrated approach to reporting.
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