The Institute for Governance (IGOPP) submitted his comments to Industry Canada in response to the Consultation on the Canada Business Corporations Act (CBCA).. We will examine these issues individually to formulate specific recommendations in each case. In its comment document, the IGOPP covered the following topics: Shareholder advisory votes on compensation packages Diversity of board […]

“Yvan Allaire’s recommendation would have securities regulators abdicate their statutory responsibilities. Despite having declared elsewhere that governance by directors of public corporations is “a fiduciary façade for shareholders … largely a mirage” (The limits of “good” governance: Confession of the former chairman of SNC-Lavalin, 2013), Mr. Allaire repeats his earlier argument, suggesting that securities regulators […]

[…] “Yvan Allaire, executive chairman of the board of the Institute for Governance of Private and Public Organizations, was positive about the plan overall “It’s a giant step in the right direction,” said Allaire, praising the move towards share awards over stock options. Options have fallen out of favor in recent years in part because […]

“Quebec’s market watchdog says it is pursuing talks with other provinces to try to strike a compromise on changes to Canada’s takeover bid and defensive tactics regulation. “The vulnerability of our public companies is a Canadian problem, not only a Quebec one,” Louis Morisset, chief executive of the Autorité des marchés financiers, said in the […]

[…] “Péladeau has also insisted he is committed to the code of ethics of the province’s legislature. But provincial academics and experts aren’t confident that goes far enough. “These measures are insufficient,” Yvan Allaire, the executive chairman of the Institute of Governance and professor at the L’Université du Québec à Montréal, wrote in an opinion […]

[…] «That may be true. As Yvan Allaire of Montreal’s Institute for Governance wrote in an opinion piece this week: “The legislative measures the working group is proposing are draconian.” Among them: Allowing Quebec companies to adopt variable voting rights that could increase the longer shares are held (the aim being to keep the influence […]

According to a study made public by the Institute for Governance (IGOPP), Canadian airports, which are public assets with a quasi-monopolistic position in their respective markets should be subjected to an independent review process of their decisions concerning major investments and tariff increases. Ever since Ottawa’s decision to transfer the management of airport facilities to […]

Dr. Yvan Allaire, Executive Chair of the Institute for Governance (IGOPP) and Chair of the Council on the role of business- World Economic Forum, has moderated a session entitled “CEO Dialogue on the Role of Business” organised by the World Economic Forum Annual Meeting 2014. This session was attended by more than 100 CEO. To […]

[…] “Professor Yvan Allaire, chair of the board of directors of the Institute for Governance of Private and Public Organizations (IGOPP), an initiative of HEC Montréal and Concordia University, objects to CEOs receiving such large payments when a firm is sold. If it’s a negotiated sale, he believes CEOs with golden parachutes will be more […]

“The Institute for the Governance of Private and Public Organizations (IGOPP) announced today the release of their most recent policy paper on executive compensation, entitled “Pay for Value: Cutting the Gordian Knot of Executive Compensation”. The policy paper, prepared by Professor Yvan Allaire for the working group on compensation of IGOPP, noted that, “We are […]

[…]”GoBankingRates.com arrived at these findings by evaluating average worker pay from the Bureau of Labor Statistics (BLS) (2006 – 2013) and CEO compensation from the Institute for Governance of Private and Public Organizations’ ‘Pay for Value: Cutting the Gordian knot of Executive Compensation’ (2012) as well as AFL-CIO’s current ‘Executive Paywatch.’ Worker output data comes […]

On March 13, 2013, the Autorité des marchés financiers and the Canadian Securities Administrators published, for comment, proposed amendments and changes to Multilateral Instrument 62-104 Take-Over Bids and Issuer Bids, National Policy 62-203 Take-Over Bids and Issuer Bids, and National Instrument 62-103 Early Warning System and Related Take-Over Bid and Insider Reporting Issues. On March […]

“[…]“Today, it must be recognized that the integral application of this law could lead to unjust consequences for tens of thousands of innocent workers and to the destruction of an industry that’s vital to the Quebec economy,” Yvan Allaire, chairman of Montreal’s Institute for Governance of Private and Public Organizations, wrote in a July 2 […]

On March 13, 2013, the Autorité des marchés financiers and the Canadian Securities Administrators published, for comment, proposed amendments and changes to Multilateral Instrument 62-104 Take-Over Bids and Issuer Bids, National Policy 62-203 Take-Over Bids and Issuer Bids, and National Instrument 62-103 Early Warning System and Related Take-Over Bid and Insider Reporting Issues. On March […]

The Executive Chair of the IGOPP’s Board of Directors, Dr. Yvan Allaire, has been appointed Chair of the Council on the role of business in the 21st century. The Global Council brings together some 17 influential leaders from the world of international business, elite universities and the media. Professor Allaire has been a member of […]

Chaviva Hošek is currently a Professor in the School of Public Policy and Governance at the University of Toronto. Between 2001 and 2012 she served as President and CEO of The Canadian Institute for Advanced Research. Prior to that she was Director of Policy and Research in the Office of the Prime Minister of Canada, […]