Publications 

18 September 2007

Working Group on University Governance

Working Group proposes principles for the governance of Quebec universities. In order for universities to achieve good governance, their Boards of Directors must include a majority of members who are independent of internal stakeholders. Boards must also enjoy autonomy in carrying out their functions – a prerequisite for accountability. They must follow clearly-established reporting requirements, […]

18 June 2007

Hedge Funds and Private Equity Funds

Agenda of Presentation: Preliminary remarks Hedge Funds Private Equity Funds Policy Implications

14 May 2007

“Who will decide Alcan’s fate?”

On May 7, 2007, Alcoa launched a bid to take over Alcan. It is qualified as “hostile” takeover bid because no previous arrangements had been made with the Alcan board of directors in this regard. This event, which follows on the heels of several other takeovers of Canadian businesses by foreign interests in recent months, […]

18 July 2006

CHUM and the premium for control: it is legal, but is it fair?

The opinions expressed here are strictly those of the author and do not reflect a position of the Institute nor of its board of directors. The acquisition of CHUM Ltd by Bell Globemedia has brought the issue of control through superior voting shares back in the limelight. In an early, path-breaking move, the Toronto stock […]

1 July 2001

Yvan Allaire, the strategist

Yvan Allaire has shaped and crafted the strategies of a number of large companies in Québec. At Bombardier for the last five years, he went form advice to action. Today, he leaves his job as Exective Vice President, but leaves behind solid foundations for the future.   To read the full length article, pleaser click […]

1 April 2001

Mergers and acquisitions: Lessons from the best

The wave of mergers and acquisitions rolls on unabated, the latest statistics putting the number of transactions worldwide at some 34,000 in 1999. Canada has been an active participant in this global phenomenon. In 2000, there were close to 1300 transactions, worth some C$234 billion, in which Canadian companies took part. Canadians were involved in […]

1 October 1998

The Battle within Capitalism – A new age for Europe

The 4th Conference of Montréal on globalized economies wove together three different but closely related strands of issues and challenges confronting Europe and directly or indirectly a good part of the world. What’s happening now in Europe will have momentous ramifications throughout the world, bringing forth major shifts in economic power and new alignments of […]

1 October 1998

Choice, strategy and execution

I come to this topic of economic models from the perspective of a business strategist and not of an economist. As Napolean said somewhere, strategy is a simple science: it’s all in the execution. With the bankruptcy of the communist/socialist economic model, there is currently a remarkable convergence worldwide of the economic policies that have […]

1 April 1997

Ceiling Unlimited

With all the pomp and circumstance of a D.W. Griffith movie spectacle, the ultimate business jet was unveiled in a cavernous hangar in Toronto last summer. While Prime Minister Jean Chrétien and other political heavies looked on –  an accompanied by a 45-piece orchestra and 1,000-strong choir belting out a rousing chorus – an enormous […]

1 April 1985

How to implement radical strategies in large organizations

The business press has recently chronicled many corporations that are experiencing momentous shifts in strategic orientation. Reference is often made to corporation’s market repositioning, acquisitions and divestitures, structural changes, etc. However, when reporting on such major strategic changes, the press has also begun  to emphasize the softer dimensions, such as values, culture, and mind-sets. Thus, […]