A broad range of corporate governance considerations will influence this year's reporting season. Read about what Canadian companies should have on their watchlist for 2020.
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The era of stakeholder governance and corporations with a purpose beyond profits is taking hold, with corporate directors expected to answer to more constituencies and shoulder a greater burden than ever before. At the same time, investors - both in the U.S. and abroad - continue to expect corporations to deliver superior financial performance over both the short and long term.
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Boards packed with bros don't get IPOs.
That's the new policy at Goldman Sachs, whose chief executive David Solomon said the Wall Street giant won't take any company public unless it has at least one "diverse" board member.
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Mike Wallace says issuers should think about ESG from a due diligence perspective.
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On January 9, 2020, the Canadian Securities Administrators (CSA) published CSA Consultation Paper 51-405 Consideration of an Access Equals Delivery Model for Non-Investment Fund Reporting Issuers (CP 51-405). In connection with CP 51-405, the CSA is seeking commentary on the appropriateness of an access equals delivery model in the Canadian market, with the intent of reducing regulatory burdens for issuers and enhancing the accessibility of information for investors. Generally, the CSA is requesting commentary on whether such a model should be introduced, the types of documents to which this model should apply and its mechanics.
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Both Glass, Lewis & Co (Glass Lewis) and Institutional Shareholders Services (ISS) recently released voting guidelines for the 2020 proxy season. The Glass Lewis guidelines are effective for meetings on or after January 1, 2020, and the ISS guidelines are effective for meetings on or after February 1, 2020. This bulletin summarizes the more significant changes to each firm's Canadian guidelines for the 2020 proxy season.
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SHARE monitored the quarterly calls of some of the biggest companies in the world to see if they have reacted to the US Business Roundtable's statement on the purpose of a corporation.
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The list includes a potential economic downturn, board diversity, corporate reputation, pay equity, cybersecurity, and corporate innovation.
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The Big Three - BlackRock, Vanguard, and State Street - are the most important players in corporate America. Whether they like it or not.
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The year 2019 was a big one for responsible investors who incorporate environmental, social and governance (ESG) factors into investment decisions. Issues such as environmental sustainability, human capital management, diversity and inclusion have become corporate imperatives while CEOs are now rejecting the old shareholder primacy model of capitalism.
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