Teachers’ supports governance and compensation research and monitoring initiatives by the Clarkson Centre for Board Effectiveness at the Rotman School of Management. Browse through the research documents collected here for additional insight into governance and responsible investing.
Recent Reports
Majority Voting and Auditor Independence reports
The past five years have seen significant advances in shareholder democracy and an increase in auditor independence at Canadian companies, according to two recent studies by the Clarkson Centre for Board Effectiveness.
Auditor Independence Report >> (614 KB PDF) March 2012
Committees Show 10-Year Improvement
Audit and compensation committees at Canadian corporations appear to have responded to increased stakeholder and regulatory expectations during the past decade. Recent studies by the Clarkson Centre for Board Effectiveness analyzed trends in committee size, composition, member tenure and chair retainer at companies included in the S&P/TSX Composite Index.
Audit Committee Report >> (724 KB PDF) May 2011
Governance Monitor: Majority Voting (585 KB PDF)
Majority Voting policies typically treat “Withheld” votes as votes against the director and require directors receiving a majority of votes against to submit their resignation. This report reviews the strong trend toward adopting Majority Voting and its link to good governance.
January 2011
2010 Report on Corporate Governance in Canada (740 KB PDF)
Corporate governance continues to improve, but there is still significant room for improvement, according to the 2010 Report on Corporate Governance in Canada from the Clarkson Centre for Board Effectiveness at the Rotman School of Management.
December 2010
Board Shareholder Confidence Index (122 KB PDF)
The Board Shareholder Confidence Index is an annual review of corporate governance practices in Canadian publicly traded companies that are part of the S&P/TSX Composite Index. The survey has been conducted annually since 2003 by the Clarkson Centre for Board Effectiveness at the Joseph L. Rotman School of Management,
University of Toronto.
December 2009
Archive
| Year | Research |
| 2006 |
Executive Compensation Study (60 KB PDF) |
| 2002 |
Determining the Value of Employee Stock Options (55 KB PDF) (view Option Calculator) Report prepared by Professors John Hull and Alan White, Rotman School of Management. The Fair Value Method of Measuring Compensation for Employee Stock Options: Basic Principles and Illustrative Examples (167 KB PDF) Report prepared by Peter Chant, Deloitte & Touche, LLP |
| 1999 |
Five Years to the Dey (193 KB PDF) Three years ago, the TSE's Corporate Governance Committee released the report of its landmark study on corporate governance. The TSE adopted the committee's 14 recommendations for best practice guidelines, improving the standards in Canadian boardrooms across Canada. |
| 1994 |
Guidelines for Improved Corporate Governance (Dey Report) (165 KB PDF) |


