Ella's Thought Capital
Feature
2023 Proxy Review of the TSX Composite: Shifting From Board Assessment To Board Development
Shareholders expect Board’s to self-reflect, take actions for improvement, and report transparently on their governance practices. The largest companies, perhaps subject to heightened scrutiny, are at the forefront of adopting and exemplifying these practices. Yet, the evolution in Board Effectiveness practices should not solely be motivated by shareholder expectations; rather, it should stem from the intrinsic motivation of Boards to excel and enhance the value they provide.