Corporate governance - Vigil
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April 17, 2020 9:01 AM
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Shockproofing Canada: How do we get the medicine we need when we import 70% of our drugs?

Shockproofing Canada: How do we get the medicine we need when we import 70% of our drugs? | Corporate governance - Vigil | Scoop.it
We can make masks, we can make ventilators, but we can’t make many of the drugs needed to treat COVID-19. Naomi Powell looks at a problem not easily solved
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April 17, 2020 8:58 AM
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Canopy Growth to lay off 85 workers, cease some global operations

Canopy Growth to lay off 85 workers, cease some global operations | Corporate governance - Vigil | Scoop.it
Canopy Growth Corp. is making significant cuts just a month after the cannabis company slashed its workforce and took multi-million-dollar writedowns.
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April 17, 2020 8:57 AM
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Canada’s 5G technology roll-out could be delayed

Canada’s 5G technology roll-out could be delayed | Corporate governance - Vigil | Scoop.it
Canada’s deployment of 5G technology could be delayed because of waning consumer demand, smaller telecom budgets and the growing popularity of conspiracy theories linking the wireless networks to the COVID-19 pandemic.
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April 16, 2020 9:55 AM
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Economics vs. Epidemiology: Quantifying the Trade-Off

Economics vs. Epidemiology: Quantifying the Trade-Off | Corporate governance - Vigil | Scoop.it
Their estimates show the benefits of social distancing exceed the costs, but they will need to delve deeper
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April 16, 2020 9:49 AM
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Governance advice during COVID-19

This bulletin addresses what the boards of charities and not-for-profit organizations incorporated federally or in Ontario should be doing during the COVID-19 crisis.
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April 16, 2020 9:35 AM
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Activist hedge fund Starboard pounces on U.S. companies in turmoil

Most activist shareholders have refrained from challenging the boards of U.S. companies during this season of annual shareholder meetings, as businesses reel from the economic fallout of the coronavirus outbreak.

Not Starboard Value LP.
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April 16, 2020 9:14 AM
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Wachtell Lipton Discusses UK and EU Regulators’ Latest Moves on ESG

Amid the ongoing push for standardized, comparable and decision-useful ESG disclosures, regulators in the United Kingdom and the European Union have proposed additional disclosures and benchmarks to promote sustainable economic activity.
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April 16, 2020 9:12 AM
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BlackRock assets under management tumble below $7tn on market tumult | Financial Times

BlackRock assets under management tumble below $7tn on market tumult | Financial Times | Corporate governance - Vigil | Scoop.it
World’s biggest fund manager still garners inflows, but investors move to cash and ETF units
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April 16, 2020 9:03 AM
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Telecom revenues likely to take a hit as pandemic drives business closures

Telecom revenues likely to take a hit as pandemic drives business closures | Corporate governance - Vigil | Scoop.it
Canada’s telecommunications companies will likely take a hit to their revenues as the economic effects of the coronavirus pandemic drives a wave of business closings and bankruptcies.
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April 16, 2020 9:02 AM
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Germany eases out of coronavirus lockdown with partial opening of shops, schools

Germany eases out of coronavirus lockdown with partial opening of shops, schools | Corporate governance - Vigil | Scoop.it
Germany has achieved a “fragile intermediate success” in its the fight against the coronavirus and will take small steps out of lockdown with the partial reopening of shops next week and schools from May 4, Chancellor Angela Merkel said on Wednesday.
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April 16, 2020 8:57 AM
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J.C. Penney Skips Bond Payment, Starting Bankruptcy Clock

J.C. Penney Skips Bond Payment, Starting Bankruptcy Clock | Corporate governance - Vigil | Scoop.it
Department store chain says it is exploring strategic options after coronavirus prompted store closures
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April 16, 2020 8:56 AM
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U.S. Jobless Claims Top 20 Million Since Start of Shutdowns

U.S. Jobless Claims Top 20 Million Since Start of Shutdowns | Corporate governance - Vigil | Scoop.it
Another 5.2 million Americans filed for unemployment benefits in latest week
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April 16, 2020 8:49 AM
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Canadian regulators balk at blocking short selling in 'fair and orderly' markets - BNN Bloomberg

Canadian regulators balk at blocking short selling in 'fair and orderly' markets - BNN Bloomberg | Corporate governance - Vigil | Scoop.it
Canada's securities and markets regulators will continue to let investors take short positions on trades despite several European exchanges banning bets against stocks in an attempt to steady market activity amid the COVID-19 pandemic.  
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April 17, 2020 8:58 AM
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Goldman predicts 36 per cent drop in iPhone shipment, says time to sell Apple shares

Goldman predicts 36 per cent drop in iPhone shipment, says time to sell Apple shares | Corporate governance - Vigil | Scoop.it
Goldman Sachs said on Friday it expects iPhone shipment to drop 36% during the third quarter due to coronavirus-related lockdowns around the world and downgraded Apple Inc. stock to “sell.”
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April 17, 2020 8:57 AM
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Onex buys U.K.-based health care staffing company, weeks after CEO said market rife for acquisitions

Onex buys U.K.-based health care staffing company, weeks after CEO said market rife for acquisitions | Corporate governance - Vigil | Scoop.it
Onex Corp. CEO Gerry Schwartz has snapped up a British health care staffing firm, just weeks after telling backers his company saw opportunities to make acquisitions at bargain prices during the pandemic.
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April 16, 2020 8:12 PM
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Key Considerations for Audit Committees During COVID-19

Key Considerations for Audit Committees During COVID-19 | Corporate governance - Vigil | Scoop.it
Every facet of corporate business is potentially impacted by the new COVID-19 environment, and today’s audit committees are facing an increasingly difficult set of challenges. As companies approach their first quarter of reporting since the coronavirus pandemic began, what aspects of the reporting process are weighing heavier on audit committees?
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April 16, 2020 9:50 AM
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OSC Awards $0.525 Million Whistleblower Award to Industry Expert

OSC Awards $0.525 Million Whistleblower Award to Industry Expert | Corporate governance - Vigil | Scoop.it
The OSC announced last week that it has awarded a $525,000 whistleblower award to a company outsider who used their industry expertise to identify irregularities. This award to an outside expert appears to be the first of its kind by a Canadian securities regulator and was made under the OSC’s Whistleblower Policy
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April 16, 2020 9:37 AM
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Research: Adjusting to Reality: As Proposed, Restricting Corporate Interest Deductibility is Ill-Advised

Research: Adjusting to Reality: As Proposed, Restricting Corporate Interest Deductibility is Ill-Advised | Corporate governance - Vigil | Scoop.it
Now is not the time to consider capping interest deductions for business taxes, says a new report from the C.D. Howe Institute.
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April 16, 2020 9:26 AM
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Director Fiduciary Duty in Insolvency

With businesses focused on the impact of the novel coronavirus (COVID-19) pandemic on current and future liquidity, balance sheet and cash flow concerns, and an expected decline in the level and profitability of business activity in these difficult and uncertain times, in many cases attention has turned to the issue of the duties and responsibilities of directors to creditors when a corporation is financially troubled and is either approaching insolvency (the so-called “zone of insolvency”) or becomes insolvent.
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April 16, 2020 9:13 AM
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The US is failing the test of the century | Financial Times

The US is failing the test of the century | Financial Times | Corporate governance - Vigil | Scoop.it
A new wave and second lockdown would be a bigger hit to wealth than a cautious return to work, but Donald Trump is refusing to listen
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April 16, 2020 9:11 AM
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Investors fear virtual AGMs will shift the balance of power | Financial Times

Investors fear virtual AGMs will shift the balance of power | Financial Times | Corporate governance - Vigil | Scoop.it
It might be easier for executives to avoid difficult questions if there is no one in the room 
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April 16, 2020 9:03 AM
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Opinion: Board members need to think long-term to get past the COVID-19 crisis

Opinion: Board members need to think long-term to get past the COVID-19 crisis | Corporate governance - Vigil | Scoop.it
Before your company emerges from the COVID-19 crisis, spend a day, as a board, asking this question and setting the horizon. That way you can, as a director, influence long-term outcomes profoundly and perhaps gain significant long-term strategic advantage for your company out of this global tragedy.
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April 16, 2020 9:01 AM
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Major Canadian oil producers’ ‘untouchable’ dividends are at risk

Major Canadian oil producers’ ‘untouchable’ dividends are at risk | Corporate governance - Vigil | Scoop.it
The crash of the energy market is raising questions about the ability of Canada’s most financially stable oil companies to maintain their spotless records of paying dividends.
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April 16, 2020 8:57 AM
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The Forces Fueling 2020’s Oil Bust

The Forces Fueling 2020’s Oil Bust | Corporate governance - Vigil | Scoop.it
The coronavirus pandemic has emptied out cities around the world, causing a historic drop in oil demand just as production was reaching new highs. WSJ explains the oil price bust that could reshape energy markets.
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April 16, 2020 8:52 AM
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EasyJet says it can ride out nine-month shutdown and slow recovery - Reuters

EasyJet says it can ride out nine-month shutdown and slow recovery - Reuters | Corporate governance - Vigil | Scoop.it
EasyJet (EZJ.L) can survive a nine-month shutdown thanks to its measures to contend with the coronavirus crisis and is planning for a slow recovery, the British airline said on Thursday.
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