Topic Results: Independence of Board members

February 3, 2012

Corporate Governance at RIM: The Mirage of «Good Governance»

The on-going discussion about RIM’s governance misses the point. Whether the jobs of chair and CEO are divided or not, whether “executive sessions” of the board are held regularly, and so on are all side issues. Let’s be clear, and it is for anyone who has actually sat on boards of directors: in the widely-held, […]

February 2, 2012

Governance: In your Face… book!

The imminent initial public offering of Facebook Inc. shares has the hallmarks of a momentous event: the number of instant millionaires and billionaires, the implicit market value of a toddler company, the young age of its founder, and so on. But what is also remarkable about the Facebook IPO is the way its founder intends […]

May 11, 2011

Five years after the adoption of Bill 53

In a new report the IGPPO recently assessed the progress of governance modernization efforts in Quebec state-owned corporations since the establishment of modern rules and new disclosure norms five years ago. According to the report, Quebec-government owned corporations have conformed well to the disclosure provisions of Bill 53, which was adopted in 2006. However the […]

May 11, 2011

Five years after the adoption of Bill 53

In a report the IGPPO recently assessed the progress of governance modernization efforts in Quebec state-owned corporations since the establishment of modern rules and new disclosure norms five years ago. According to the report, Quebec-government owned corporations have conformed well to the disclosure provisions of Bill 53, which was adopted in 2006. However the IGPPO […]

March 16, 2011

Management of the health and social services network: Bill 127

The IGOPP approves several elements in the bill, that are in line with the recommendations contained in its report, published in 2008, on governance in Quebec public sector health and social services establishments. However, the IGOPP believes that the four following parts of the bill should be modified, in order to improve governance in the […]

December 5, 2010

Governance at Maple Leaf Foods

Being subjected to a lesson in governance by a hedge fund, as the Maple Leaf Foods Corporation has to endure, is somewhat akin to being lectured on abstinence and modesty by the residents of the Mustang Ranch bordello in Nevada. Hedge funds, more appropriately called “speculative funds” in most cases, have resisted all efforts of […]

November 12, 2010

Parliamentary committee studying Bill 123

The IGPPO, through its chairman of the board and general manager presented a brief to the Committee on Public Finance regarding Bill 123, an Act Respecting the Amalgamation of the Société Générale de Financement du Québec and Investissement Québec. This brief details the Institute’s comments on the legislation as well as a set of concrete suggestions. […]

November 12, 2010

Parliamentary committee studying Bill 123

The IGOPP, through its chairman of the board and general manager presented a brief to the Committee on Public Finance regarding Bill 123, an Act Respecting the Amalgamation of the Société Générale de Financement du Québec and Investissement Québec. This brief details the Institute’s comments on the legislation as well as a set of concrete suggestions. […]

December 4, 2009

Opinion of the IGOPP : Bill 44c and Bill 38

Act to amend the General and Vocational Colleges Act with respect to Governance. For the purposes of the Parliamentary committee on the governance of the Vocational Colleges and Universities, IGOPP have submitted two memorandum stating that good governance is the best safeguard for the autonomy of the colleges and the universities : the legitimity and […]

September 23, 2009

Opinion of the IGOPP : Bill 44c and Bill 38

Act to amend the General and Vocational Colleges Act with respect to Governance. For the purposes of the Parliamentary committee on the governance of the Vocational Colleges and Universities, IGOPP have submitted two memorandum stating that good governance is the best safeguard for the autonomy of the colleges and the universities : the legitimity and […]

September 17, 2008

The Independence of Board Members

In a report entitled The Independence of Board Members: A Quest for Legitimacy, the Institute for Governance of Private and Public Organizations (IGPPO) proposes that any organization governed by a board of directors should strive to constitute a board that is both legitimate and credible. The issue at stake is not so much the independence […]

September 15, 2008

Publication of a Policy Paper on director independance

The Institute for Governance of Private and Public Organizations proposes a new and original approach to the issue of director independence In a report released today entitled The Independence of Board Members: A Quest for Legitimacy, the Institute for Governance of Private and Public Organizations (IGPPO) proposes that any organization governed by a board of […]

August 14, 2008

The Institute launches series of seminars on Governance

All three seminars boast a unique hands-on approach and will be offered in the fall 2008 session. The Institute for Governance of Private and Public Organizations (IGPPO) and HEC Montréal Executive Education offer three training seminars on corporate governance. These seminars are led by instructors with extensive backgrounds as directors and officers with various organizations. […]

February 25, 2008

The Governance of Health and Social Services Institutions in Quebec

A group of experts issues a report on corporate governance in the healthcare system and proposes concrete measures for improving the oversight of health and social services institutions in Quebec ? Improved performance within the healthcare system requires the boards of directors of healthcare institutions to have broader powers and clearer responsibilities so they can […]

November 28, 2007

Report by the Working Group on University Governance

Among the conditions necessary for universities to achieve good governance is a stronger board of directors, composed primarily of independent members with no ties to the interests of internal stakeholders. Boards must also enjoy operational autonomy.

September 18, 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, […]