Corporate governance - Vigil
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April 11, 2018 9:03 AM
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Watchdog to step up monitoring of largest audit firms

A watchdog is to step up its monitoring of the UK’s six biggest audit firms, in particular their leadership arrangements. The Financial Reporting Council said that among a collection of five categories it would examine how the firms’ leadership meet the regulator’s expectations.
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April 11, 2018 9:01 AM
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The Purpose of the Corporation

Whether the purpose of the corporation is to generate profits for its shareholders or to operate in the interests of all of its stakeholders has been actively debated since 1932, when it was the subject of dueling law review articles by Columbia law professor Adolf Berle (shareholders) and Harvard law professor Merrick Dodd (stakeholders).
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April 10, 2018 9:59 AM
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Le salaire de Carlos Ghosn va baisser cette année

Carlos Ghosn, le PDG de Renault, va gagner moins d'argent cette année. La rémunération du grand patron va en effet baisser de 26% pour l'exercice 2018 du constructeur, rapportent Les Echos.
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April 10, 2018 9:41 AM
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Lithium glut fears seen tempered by optimism over rising demand

For one thing, doomsayers assume all the lithium in brine or hard rock deposits will get processed, but that’s not the case, said Jay Roberge, partner and managing director at Tehama Capital Corp., a Vancouver-based merchant bank.
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April 10, 2018 9:27 AM
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Canada is becoming a less competitive place for business than the U.S., survey finds

A new survey of accounting executives found more than two-thirds say Canada is becoming a less competitive place to invest and do business in than the United States.
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April 10, 2018 9:22 AM
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John Ivison: Failure to push through Trans Mountain could be the end for Trudeau

The refusal of the B.C. government to recognize the legal approval process means this test is about much more than a pipeline
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April 10, 2018 9:17 AM
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Volkswagen Considers Replacing Chief Executive After Diesel Scandal - The New York Times

Volkswagen Considers Replacing Chief Executive After Diesel Scandal - The New York Times | Corporate governance - Vigil | Scoop.it
Volkswagen said on Tuesday that it was considering replacing Matthias Müller as chief executive as it grapples with a long-running diesel emissions scandal that has cost it billions of dollars, led to the imprisonment of two executives, and scarred the German carmaker’s reputation.
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April 10, 2018 8:56 AM
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Agency Conflicts Around the World

We offer a novel approach to measuring agency conflicts. Instead of counting governance provisions that are endogenous to the prevalence of agency conflicts and the institutional and legal environment, we construct theory-grounded indexes of agency conflicts based on revealed managerial preferences.
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April 9, 2018 1:03 PM
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Dual-Class Shares - Bloomberg

It’s an investing principle: One share means one vote, right? Actually, not always.
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April 9, 2018 10:08 AM
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Why Xplornet likes its chances of succeeding as Manitoba’s fourth wireless carrier

Why Xplornet likes its chances of succeeding as Manitoba’s fourth wireless carrier | Corporate governance - Vigil | Scoop.it
Xplornet Communications Inc. isn’t exactly a famous telecom brand, not even in Manitoba where it will soon become the province’s fourth wireless carrier, but chief executive Allison Lenehan is okay with that.
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April 9, 2018 10:02 AM
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Russian businessman subject to U.S. sanctions has ties to Canadian businesses

Russian businessman subject to U.S. sanctions has ties to Canadian businesses | Corporate governance - Vigil | Scoop.it
The most prominent Russian oligarch caught up in the latest round of sanctions imposed by the Trump administration is a man with strong ties to some Canadian business leaders.
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April 9, 2018 9:38 AM
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TD moves to discourage clients from investing in pot stocks, internal e-mail shows

TD moves to discourage clients from investing in pot stocks, internal e-mail shows | Corporate governance - Vigil | Scoop.it
Toronto-Dominion Bank has taken unusual steps to discourage some clients from investing in the marijuana sector.
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April 9, 2018 9:32 AM
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ISS recommends against Goldman pay plan, worried on costs

ISS recommends against Goldman pay plan, worried on costs | Corporate governance - Vigil | Scoop.it
Proxy advisor Institutional Shareholder Services on Friday recommended investors vote against a stock plan for employees at Goldman Sachs Group Inc, concerned about its costs and the bank’s heavy use of stock-based compensation.
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April 11, 2018 9:02 AM
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Journée de la rémunération égale

L’État de New York aux États-Unis impose des mesures pour réduire, voire éliminer, les écarts de rémunération entre les hommes et les femmes.
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April 11, 2018 9:00 AM
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When the Corporation Investigates Itself

There may have been a time – say, four or five decades ago – when the internal corporate investigation was viewed with suspicion, if not outright distaste. Today, however, the corporate internal investigation is the norm.
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April 10, 2018 9:52 AM
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Bank Board Portal | Risk Management & Governance for Banks or Finance

Bank Board Portal | Risk Management & Governance for Banks or Finance | Corporate governance - Vigil | Scoop.it
Does your bank and financial institutions have specific challenges managing your boards Bank board portal software can manage risks and facilitate good corporate governance Click to learn more.
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April 10, 2018 9:28 AM
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Canada struggling to capitalize on research and development sector

The problem is that Canada’s innovation efforts may not amount to even that much, as other countries surge forward with investments that leverage science and technology and reap the economic rewards.
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April 10, 2018 9:23 AM
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Canadians’ complaints about wireless, internet, telephone and TV services surge 73%, watchdog says

The top complaint was non-disclosure or misleading information about terms, with BCE receiving the most complaints in all
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April 10, 2018 9:19 AM
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Mark Zuckerberg’s Testimony to Congress: A Sneak Peek - The New York Times

Mark Zuckerberg’s Testimony to Congress: A Sneak Peek - The New York Times | Corporate governance - Vigil | Scoop.it
Facebook’s chief executive, Mark Zuckerberg, will make his much-anticipated appearance before members of Congress starting Tuesday afternoon. In two days of hearings, he will face tough questions on how and why the company failed to protect the delicate data of many millions of its users.
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April 10, 2018 9:16 AM
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Cation Capital targets board seats at Crescent Point in move energy company calls reckless

Cation Capital, a private investment firm led by the former deputy head of global oil and gas at Macquarie Group, said on Monday it intends to nominate four candidates to Crescent Point Energy’s board at a shareholders meeting next month.
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April 10, 2018 8:53 AM
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Transforming a 150-year-old government agency: A CEO story | McKinsey & Company

HM Land Registry’s Graham Farrant describes leading the cultural and operational transformation of an organization of 5,200 people.
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April 9, 2018 10:09 AM
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Corus defends strategy despite stock price woes

Corus defends strategy despite stock price woes | Corporate governance - Vigil | Scoop.it
Corus Entertainment Inc., like many traditional broadcasters, is fending off the internet on two fronts: subscription and advertising. Digital giants are encroaching on both revenue streams, as some entice television viewers to cut their subscriptions in favour of streaming video online while others lure advertisers over to social media.
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April 9, 2018 10:06 AM
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As shares languish, Crescent Point rolls out option plan for key executives

In material prepared for its 2014 annual meeting, Calgary-based Crescent Point Energy Corp. told its shareholders that its executive compensation program took into consideration that, unlike some in its peer group, “it does not provide a pension or stock options to its executive officers.”
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April 9, 2018 10:00 AM
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RBC’s CEO David McKay made $13.4-million in 2017 – and investors got a bargain

RBC’s CEO David McKay made $13.4-million in 2017 – and investors got a bargain | Corporate governance - Vigil | Scoop.it
Royal Bank of Canada CEO David McKay took heat Friday from shareholders for last year’s $13.4-million paycheque.
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April 9, 2018 9:32 AM
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Oilpatch CEO says Trudeau needs to give real pipeline support, 'not just words'

he federal government isn’t doing enough to support Canada’s vital oil industry, an oilpatch CEO said Friday in Calgary, as Prime Minister Justin Trudeau toured the oilsands region near Fort McMurray in northeastern Alberta.
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