Corporate Governance Policies and Proxy Voting Guidelines
	Corporate Governance Policies What Is Corporate Governance? Proxy Voting Social Responsibility Proxy Voting Guidelines Boards of Directors 1.1     Independent Boards of Directors  1.2     Thorough Nomination and Compensation            Review Process  1.3     Election of Directors  1.4     Independent Auditors  1.5     Non-Audit Fees Compromise Independence 1.6     Compensation Review Process  1.7     Size of Boards of Directors: 5 to 16 Members 1.8     Cumulative Voting for Directors 1.9     Classified or Staggered Boards 1.10   Separation of Board and Management Roles 1.11   Director Liability and Indemnification Management and Director Compensation 2.1   Effective Equity Compensation 2.2   Management Compensation  2.3   Director Compensation 2.4   Severance Arrangements  Takeover Protection 3.1   Shareholder Rights Plans 3.2   “Going Private Transactions,” “Leveraged Buyouts” and           Other Purchase Transactions 3.3   “Lock-Up” Arrangements 3.4   “Crown Jewel” Defences 3.5   Payment of “Greenmail” 3.6   Fair Price Amendments 3.7   Reincorporation Shareholders’ Rights Issues 4.1   Confidential Voting by Shareholders 4.2   Dual-Class Share Structures 4.3   Supermajority Approval of Business Transactions 4.4   Increase in Authorized Shares 4.5   “Blank-Cheque” Preferred Shares 4.6   Shareholder Proposals 4.7   Stakeholder Proposals Download a complete copy of the 2007 Corporate Governance Policies and Proxy Voting Guidelines brochure in PDF format (110 KB PDF)

	January 2007
	back to top