Terence Corcoran launched a scathing attack against recent regulatory announcements by the Office of Superintendent of Financial Institutions (OSFI) and the Ontario Securities Commission (OSC) on assessing and interviewing directors, and strengthening gender diversity, respectively. OSFI announced, in a draft …
Recent Posts
- The Corporate Governance Game Changer That Needs to Come To Canada
- A rebuttal to Terence Corcoran’s “OSFI and the bureaucratization of corporate governance”
- Richard Leblanc: Ten reasons that pay governance is broken
- Richard Leblanc: Ten Corporate Governance Trends for 2014
- Gender diversity on boards: My discussion notes
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Women on Boards
My submission on gender diversity to the Ontario Securities Commission
There was a consultation paper put out by the Ontario Securities Commission, Canada’s largest securities regulator. See the paper here, which calls for responses on page 20, and deadline was extended to Oct 4, 2013. Here is my letter in …
Getting More Women on Canadian Boards, Part 1
The Ontario Securities Commission (OSC) should be congratulated for addressing gender diversity last week. Other than Quebec, the addressing of boardroom and senior management diversity (beyond gender) has been long overdue in Canada. However, the central thrust of the proposal …
Diversification of Corporate Boards – Suggestions for Action
Last week, I presented “eight traps” limiting the diversification of corporate boards. Here I present some proposed solutions. Leadership by Shareholders Major institutional shareholders should commit resources to develop an electronic registry of prospective directors based on skills, experience and …
Eight Traps of Boardroom Diversity
There are myths and vested interests in the movement towards boardroom diversity now underway in several countries. In this first of two blog posts, I consider the “traps” and embedded myths. In the second blog post to follow, in about …
Augusta Golf Club Needs to Get Real and Admit Women Members
CNN’s Piers Morgan, Masters winner, Bubba Watson, Donald Trump and National Association of Corporate Directors’ (NACD) CEO, Ken Daly, all weighed in this week on Augusta National Golf Club’s policy of excluding women members. See, if you are interested, the …
Getting on Boards ~ Practical Pointers That Work
Do you think the average board can afford to pay a search firm $80,000 to recruit a director? Of course not. One major shift in 2011 was the impact of technology and diversification of boards on creating recruitment opportunities for …
The Boardroom of the Future: Changes that will reshape corporate governance
A global “mega-cap” company recently asked me to submit a briefing on how a boardroom of the future will look. This is an abridged summary of my report. Democratization of governance Your shareholders will nominate and elect your directors by …
Canada’s Absence from the Global Movement Towards Diverse Boards of Directors
On Monday August 21st, I am delivering the opening keynote address to the annual Canadian Society of Corporate Secretaries conference in Quebec City. (See my PDF slide deck with embedded links here). It is beneficial that the conference is being held …