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Corporate governance in transition

Author(s): Andrew MacDougall, John M. Valley

Dec 13, 2021

In corporate governance, 2021 was characterized by continued use of virtual meetings, a rapid acceleration in the importance of environmental, social and governance (ESG) issues, an ongoing search for new tools and guidance for corporate governance, and a renewed focus on dual class share structures.

Virtual meetings are here to stay

In the second proxy season held during the COVID-19 pandemic, virtual shareholder meetings remained the preferred choice for the majority of Canadian issuers. Further detail is included in our Osler Update, The 2021 proxy season in review. Technical issues encountered during the initial rush to virtual shareholder meetings in 2020 were largely absent. Many issuers improved their disclosure regarding the mechanics of registering to access and vote at the meeting and to pose questions to be addressed at the meeting...