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CEO Activism: A Double-Edged Sword?

Photo of Russell Dufault (Toronto)
By Russell Dufault (Toronto) on December 11, 2018

In a recent study published on SSRN by the Rock Center for Corporate Governance at Stanford University, authors David F. Larcker, Stephen Miles, Brian Tayan and Kim Wright-Violich argue that CEO activism – the practice of CEOs taking public positions…

Ignoring board gender diversity is no longer an option

By Michael Viner (Toronto) on January 10, 2018

Discussions around board gender diversity are picking up steam in the lead up to the 2018 proxy season. Some of the leading proxy advisory firms, namely the Institutional Shareholder Services (ISS) and Glass Lewis & Co. LLC (…

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Glass Lewis’ 2018 Canada Policy Guidelines on Proxy Advice

By The Special Situations Team on January 4, 2018

Glass, Lewis & Co., LLC (Glass Lewis), a leading governance and proxy voting firm, has recently released its 2018 Policy Guidelines for Proxy Advice in Canada.  The following are three of its key changes from the 2017 Policy…

ISS releases 2018 Americas Proxy Voting Guidelines Updates

By Joe Bricker on November 22, 2017

On November 16, 2017, Institutional Shareholder Services (ISS) released its 2018 Americas Proxy Voting Guidelines Updates (the Updates). These updates implement changes in a number of areas, with the most significant being a gender diversity policy…

Management diversity: will targets and quotas improve gender diversity?

By The Special Situations Team on November 21, 2017

On October 5, 2017, the Canadian Securities Administrators (CSA) released Staff Notice 58-309 (Staff Notice) reporting findings of a review carried out by various Canadian securities regulators of disclosure regarding women on boards and in executive…

Management diversity: Do women in management lower a firm’s risk profile?

By The Special Situations Team on October 22, 2015

In an earlier post, we commented on the formal amendments to National Instrument 58-101 – Disclosure of Corporate Governance Practices and Form 58-101F1- Corporate Governance Disclosure imposing enhanced disclosure requirements with respect to female representation on the boards and…

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Norton Rose Fulbright’s Special Situations Team has played a leading role in Canada’s most high-profile shareholder activist and defense mandates, as well as complex reorganization transactions. The Special Situations Law blog is about sharing our insights with you. With videos discussing shareholder activism, links to relevant case law and legislation, and incisive commentary about regulatory and legal developments, our blog includes a wealth of resources and perspectives on special situations law.

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