There are now two RCMP investigations of potential breach of trust and bribery allegations of a sitting politician involving Senator Mike Duffy and the Prime Minster’s former chief of staff, Nigel Wright. Senator Pamela Wallin is accused of having taxpayers, …
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- A rebuttal to Terence Corcoran’s “OSFI and the bureaucratization of corporate governance”
- Richard Leblanc: Ten reasons that pay governance is broken
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- Gender diversity on boards: My discussion notes
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Interview regarding governance and accountability aspects of Toronto Mayor Rob Ford
Here is my CBC interview regarding Mayor Rob Ford, with two other panelists:
The Mayor of Toronto’s entrenchment needs to end
Mayor Rob Ford’s stubborn refusal to address substantively the allegations of drug use, and the reputational contagion and distraction it has caused, needs to be addressed in short order. Councillors should take all reasonable steps to procure Mr. Ford’s addressing …
Political accountability and self dealing
A municipal politician told my graduate class when he spoke about accountability in public office this week that politicians have the ability to make someone rich or poor by decisions that they make. When and how they make those decisions …
Best practices in corporate governance, gender diversity and shareholder activism
I am giving a talk this week as part of a panel discussion on the above topic. Here is the advert if people are intersted, and here are my slides.
Mayor of Toronto Rob Ford’s Errors
Rob Ford apologized yesterday, but that should have occurred months if not years ago when the letterhead to solicit donations was used. He said he did not benefit from the conflict of interest. This is not only incorrect, but also …
Banking Directors Need to be at the Top of Their Game
There’s an old maxim that corporations don’t fail, boards do. And when banks fail, the reason is poor management, which is the fault of a poor board. Take the case of Lehman Brothers, the financial services firm that collapsed in …
How to conduct a proper workplace investigation
I am giving a speech in later today on the ethics of conducting proper workplace and board-level investigations. (See slidedeck here.) The evidence shows that many investigations conducted suffer from serious setbacks that need to be corrected to be effective. …
Ornge Governance Scandal: An Ontario Pattern?
The former chair of Ornge, Rainer Beltzner, alleged that former CEO Chris Mazza’s compensation included unauthorized payments made without supporting invoices and that “the board was in the dark about many components of Dr. Mazza’s compensation that company executives were …
Should Proxy Advisory Firms Be Regulated? Yes.
The Ontario Securities Commission has asked whether proxy advisory firms should be regulated. (Proxy advisory firms, such as Institutional Shareholder Services and Glass Lewis, which is owned by Ontario Teachers Pension Plan, provide governance assessment and recommendations to institutional shareholders …