June 30, 2020 - The COVID-19 pandemic has resulted in the imposition of safety measures by governments around the world, including that in Canada, to protect the health of their citizens. Similarly, businesses have imposed safety measures to protect their employees. These measures include restrictions on...
Innovative Tools for Convenient and Transparent Disclosure and Effective Engagement
Chapter 8 of Davies Governance Insights 2019
Market participants are increasingly calling on public companies to provide more transparent and convenient information. In this chapter, we explore how Canadian public companies can meet these expectations by making their communication (including and beyond traditional continuous disclosure documents) and engagement practices both clearer and more user-friendly. Through our review of all TSX 60 issuers’ corporate websites, we identify principal barriers to having a user-friendly and effective website, and provide practical tools to optimize usability and stakeholder engagement. More generally, we discuss how leveraging a company website, making use of notice-and-access, hosting hybrid-virtual meetings and making (appropriate) use of social media outlets all provide enhanced opportunities for a company to more effectively convey its strategy and business plans, and foster long-term viability.
This chapter appears in the 2019 edition of Davies Governance Insights, our comprehensive annual report on the trends and issues most important to Canadian public companies.
June 15, 2020 - With much of the world focused on the immediacy of the COVID-19 pandemic, including its heavy human and economic toll, we have cast our eyes optimistically on the (near, we hope) future when companies regain sufficient confidence to re-enter the public M&A market in large numbers. Although...