Tag archives: majority voting

5 Key Developments in Canadian Corporate Governance Rules in 2017

Photo of Walied SolimanPhoto of Orestes PasparakisBy Walied Soliman and Orestes Pasparakis on Posted in Corporate Governance
Members of Norton Rose Fulbright’s Canadian Special Situations team have published an article on the firm’s website highlighting key developments in Canadian corporate governance rules in 2017. The article can be found here: http://www.nortonrosefulbright.com/files/ca-5-key-developments-in-canadian-corporate-governance-rules-in-2017-161267.pdf. Stay connected with Special Situations Law and subscribe to the blog today.  … Continue reading

Federal government proposes changes to corporate law: What it means for corporate governance and shareholder activism

Photo of Walied SolimanPhoto of Andrea BrewerBy Walied Soliman and Andrea Brewer on Posted in Corporate Governance, Shareholder Activism
On September 28, 2016, Canada’s federal government introduced a bill proposing amendments (the Amendments) to the Canada Business Corporations Act (the CBCA), among other acts. The Amendments include new requirements for electing directors, mandatory diversity disclosure, and changes to shareholder communications. These proposed changes, if enacted, will have significant effects on corporate governance and shareholder … Continue reading

Majority voting and board diversity trends

By The Special Situations Team on Posted in Corporate Governance
As recently highlighted in the Harvard Law School Forum on Corporate Governance and Financial Regulation, a report (the Report) by Institutional Shareholder Services (ISS) found that majority voting practices and annual board elections, along with increases in board diversity, are the new norm. The Report examined the public filings of Standard & Poor’s U.S. “Super … Continue reading

Glass Lewis Proxy Paper Guidelines: Updates for 2015

By The Special Situations Team on Posted in Corporate Governance
Yesterday, Glass, Lewis & Co., LLC (Glass Lewis) released a new version of its Proxy Paper Guidelines (the Guidelines) (updated as of December 30, 2014), previously released on November 5, 2014. Key changes in the 2015 Guidelines as compared to the 2014 Guidelines include: 1              Majority voting – Glass Lewis recommends that, for uncontrolled companies … Continue reading
LexBlog