We are pleased to share with you Davies Governance
Insights 2014, the fourth edition of our annual
analysis of important trends and developments in corporate
governance for Canadian public companies during 2014.
In Directors and Boards, we note that the
gender profile of boards reveals a modest increase in female
representation, as well as a positive trend in overall leadership
by women on boards. We also note that gender disparity persists and
the rate of change continues to be relatively slow. In
Executive and Director Compensation practices,
important trends include the continued increase of say on pay
shareholder votes on executive compensation as a tool for fostering
shareholder engagement. In Shareholder Voting
Issues, we provide an update on the status of Canadian
regulators' initiatives on proxy voting reform and the
regulation of proxy advisory firms. In Hot Topics in Proxy
Contests and Shareholder Activism, we discuss Canadian
proxy contests in 2014 to