For many businesses, the type of issues that fall under corporate governance are often a second thought when compared to the day-to-day demands of keeping a business running. While corporate governance might take a back seat to operational pressures, the way a business approaches corporate governance – the systems, practices and relationships by which an organization makes decisions – is in fact vital to any organization’s long-term viability.
The external pressures organizations face with corporate governance are more pronounced than ever. From regulators demanding compliance responsibilities to shareholder activism, executive compensation or unwarranted media attention, boards are often forced into a reactive mode. In today’s “always-on” environments, it’s critical for organizations to be proactive about corporate governance.
Of the external forces at play in today’s marketplace, shareholder activism seems to be most prominent in the public discourse. Activist companies and companies targeted by activists alike need the right support to achieve their strategic objectives. Dissident shareholders need the tools to initiate change and companies targeted by activists need effective legal defenses in response.
Another popular area of public scrutiny is executive compensation. Establishing the right model for compensation and incentives is vital to not only recruiting and retaining top talent but also realizing an organization’s core objectives. Companies need a balanced compensation scheme for driving employee performance as well as reassuring investors and regulators that compensation decisions are deliberately and independently assessed by the board.
Addressing corporate governance can be a complex and vexing process for many business leaders. At Osler, we bring our extensive expertise and experience in corporate governance to guide our clients through what can often be choppy waters. We offer practical and effective strategies, tailored to the needs of organizations of all sizes and jurisdictions.
An organization’s operating structure is integral to establishing sound practices in corporate governance. We work with our clients to understand the advantages and disadvantages of structural options, in terms of decision-making processes and roles, accountability, and tax issues. We ensure that our clients understand the nature of potential liabilities, both for the organization and its board members.
Litigation and Dispute Resolution
Mergers and Acquisitions
Risk Management and Crisis Response
Pensions, Benefits and Executive Compensation