Things on the Proxy Front

We’re not yet in the thick of our summer research project (whose results will appear this fall as Rotman’s “Board Shareholder Confidence Index” and Report on Business‘ “Board Games”), but our early research has pointed towards some interesting trends.

  • Bank of Montreal and the Bank of Nova Scotia have both included “Areas of Expertise” with their Director biographies this year, this being particularly notable considering recent emphasis upon board accountability
  • A tendency towards decreased dilution by a range of companies
  • Majority voting policies continue to be adopted, and we’ve seen this already this year by Laurentian Bank of Canada and MDS Inc.
  • Increased disclosure of Director information including ages and total value of equity holdings.

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Filed under -ccbe update, proxies

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