Daily Archives: May 17, 2017

Growing like weed

It’s official: legalized recreational cannabis is coming to Canada. An already hot market for marijuana companies is set to explode—and a horde of start-ups now face the task of becoming grown-ups in a controversial industry on a short political leash
By Chris Sorensen
May 17th, 2017

New York hedge fund managers pride themselves on being able to spot big moneymaking opportunities long before anyone else. But somehow they failed to notice Bruce Linton when he travelled to Manhattan three years ago to drum up interest in … Continue reading

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In search of alignment

Good governance used to be about fixing companies and boards. Then came the rise of the shareholder. Now the ideal lies more in bringing the two sides together in a quest for long-term value. Part 1 of our Special Report on Governance
By Paul Brent
May 17th, 2017

As companies work through the last stages of the 2017 proxy season, it’s tempting to ask what’s changed or improved? A small number of proxy fights are generating headlines and attention as activists take aim at perceived underperformance, while other … Continue reading

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How to think like an activist

Board advisers are always telling directors to think like an activist to avoid getting blindsided. Here’s a primer on how to get that perspective—and a hypothetical list of seven companies that our screens suggest could be on activist hit lists today. Part 2 of our Special Report on Governance
By John Greenwood
May 17th, 2017

High atop a sleek downtown tower a small group of analysts is peering intently at an Excel spreadsheet. Thirtysomethings, all with dark shadows under their eyes and grey complexions, telltale signs of the 20-hour workdays demanded of staff at Activists … Continue reading

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IPO activity getting real in 2017—but will it last?

Optimism builds after a healthy array of initial public offerings from firms in tech, bioscience, energy and retail
By Listed Staff
May 17th, 2017

When you’re coming off the worst year in the last 19, it’s hard not to show some improvement. But will 2017 actually do one better and go down as a bumper year for initial public offerings in the Canadian markets? … Continue reading

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Governance in motion

Insider: Anita Anand
May 17th, 2017

Who Anita Anand, professor of law at the University of Toronto and J.R. Kimber Chair in Investor Protection and Corporate Governance. Involvement In 2016, Anand was named the first research chair for investor rights in North America. She has a … Continue reading

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Majority voting plans spark a plurality of opinions

The federal government is now well down the road toward amending the Canada Business Corporations Act to enshrine majority voting into law. But the plan has its critics, and they’re still determined to be heard
By Jim Middlemiss
May 17th, 2017

While Canada lags the world when it comes to majority voting laws for directors, that gap appears to be on the brink of major change. Everyone from the TSX, which recently issued new guidance on its majority voting policy, to … Continue reading

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Warren Holmes: Share success, shoulder the blame

In The Director’s Chair with David W. Anderson: After nearly a decade as chair of Hudbay Minerals and a career in Canadian mining, Warren Holmes has learned a few things about leadership and creating a culture that puts company performance ahead of personal ego
May 17th, 2017

It takes all kinds of skill sets and personalities to make the business world go around. But when Warren Holmes talks about lessons learned and his accumulated wherewithal as an executive, a board chair and a corporate director, it’s clearly … Continue reading

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