Corporate governance - Vigil

The plight of an industrial giant offers ammunition to both sides of the corporate-governance debate

While board oversight has always focused on company strategy, human capital and culture have received less attention despite being fundamental drivers of market value. What role should the board play to ensure human capital and culture are managed effectively?

Companies, government spend billions to develop tests in a bet they will be crucial to resuming normal life if large numbers remain unvaccinated

The impact of the hyperactive New York hedge fund will be more profound than that of deep-pocketed tourists such as SoftBank

Battle for control of global monetary system escalates as BIS warns against private innovation

Embark is the latest self-driving truck firm to tap public markets in recent months, joining Plus and TuSimple

The Federal Reserve is trying to figure out how to keep cash relevant in a cashless world. It’s considering digitizing the U.S. dollar, giving people money they can access on their phone and bypassing electronic payments that can be slow and costly for businesses.

Campaign encourages companies to disclose using CDP platform

The takeover battle for Calgary-based Inter Pipeline is growing more contentious, with Inter Pipeline and its friendly merger partner, Pembina Pipeline Corp. asking Alberta’s securities watchdog to intervene and block what they call “coercive tactics” by rival hostile bidder Brookfield Infrastructure Partners

Nothing could be further from being solid and measurable than the current ESG movement

When the European Union launched the euro two decades ago, economists wondered if this novel currency might pull off a feat none other had managed in the post-war period: to challenge the mighty American dollar.

Federal judges say shareholder may sue over state’s 2018 law that requires public companies in California to have women directors

The COVID pandemic is altering the face of stock exchanges worldwide and threatens the continued hegemony of the American NASDAQ and the New York Stock Exchange (NYSE). Tensions between the US and China and Brexit contribute to the crisis. Developed market stock exchanges, remade as technology companies, will face an uphill battle in light of unfolding political and financial dynamics.

While the cost of living has gone up this year, Toronto is still ranked rather low on the list of the 209 most expensive cities in the world. 

Investors in technology firms too often put up with ropy corporate governance. They may come to regret it

As the federal government considers reopening Canada’s borders to international travellers, it’s an ideal time to look back at the past year and a half.

This week’s episode of Down to Business features Alex Himelfarb, a former clerk of the privy council and chair of the steering committee of the Canadian Centre for Policy Alternatives in Ottawa, on the topic of long-term care.

Ecommerce group’s $15-an-hour minimum wage is becoming a de facto national standard

The government’s efforts to raise it face stiff opposition

The fintech giant is in discussions to start a new credit-scoring business with Chinese state-owned enterprises

Although spun as a win for investors, SEC Chairman Gary Gensler’s recent announcement that he will not enforce a 2020 rule to regulate proxy-advisory firms could undermine the governance of corporate America. The move comes without justification during one of the busiest proxy seasons on record — one which has demonstrated the increasing influence of shareholder proposals on corporate management.

Banking The big banks are still wildly profitable, even though they allowed people to defer mortgage payments during the pandemic.

The total in fines and administrative penalties collected by Canadian securities regulators for the fiscal year ended March 31 was the lowest annual amount they have been able to secure in more than a decade.

Fraud charges have been laid against CannTrust Holdings Inc.’s former chief executive Peter Aceto and two former directors, all of whom face possible jail time of up to five years if found guilty in a sweeping quasi-criminal case led by the Ontario Securities Commission.

At issue is a new Colorado law that requires companies with even a few employees in the state to disclose the expected salary or pay range for each open role they advertise, including remote positions. The rule’s aim is to narrow gender wage gaps and provide greater pay transparency for employees.