Munroe-Blum, Prof. Heather Anne Elise Lilian, (born 25 Aug. 1950), Principal and Vice-Chancellor, and Professor of Epidemiology and Biostatistics, McGill University, 2003–13, now Emeritus; Chairman, Canada Pension Plan Investment Board, since 2014 (Director, since 2011; Chairman, Corporate Governance Committee, since 2014); Director, Royal Bank of Canada, since 2011

2007 ◽  
Keyword(s):  
Corporate Governance ◽  
Pension Plan ◽  
Bank Of Canada ◽  
Vice Chancellor ◽  
Mcgill University ◽  
Governance Committee

scholarly journals Corporate governance and managerial opportunism: The case of us pension plans

2009 ◽  
Vol 6 (3) ◽  
pp. 523-530
Author(s):  
Sharad Asthana
Keyword(s):  
Corporate Governance ◽  
Pension Plan ◽  
Pension Plans ◽  
Retirement Benefits ◽  
Managerial Opportunism ◽  
External Monitoring ◽  
The Us ◽  
Us Government ◽  
Future Income ◽  
Empirical Tests

Insuring post-retirement benefits to retirees is a joint responsibility of the employees, employers, and the US government. Managers have been shown to manipulate pension plan reports with the intention of maximizing their own gains to the detriment of current and future retirees. External monitoring by regulators and auditors is effective in curbing this opportunistic behavior. This paper extends these findings to examine if effective internal monitoring in the form of strong corporate governance is instrumental in controlling manipulations of pension reports by managers. Empirical tests support the finding that effective corporate governance is inversely associated with the extent of managerial manipulations in pension plan reporting. This result should be of interest to employees, retirees, and the US Government that are trying to insure the future income of senior citizens.

scholarly journals Robert Edward Bell, 29 November 1918 - 1 April 1992

1995 ◽  
Vol 41 ◽  
pp. 56-69
Keyword(s):  
Royal Society ◽  
Vice Chancellor ◽  
Mcgill University

Robert Edward Bell, a distinguished Canadian physicist, Fellow of the Royal Society, former President of the Royal Society of Canada and former Principal and Vice- Chancellor of McGill University, died on 1 April 1992 in Vancouver, Canada, after a long and difficult illness.

scholarly journals Board of commisioners Composition, Governance Committee, and Stock Price Synchronicity

2019 ◽  
Vol 21 (1) ◽  
pp. 1-11
Author(s):  
Sansaloni Butar Butar
Keyword(s):  
Corporate Governance ◽  
Financial Reporting ◽  
Stock Price ◽  
Gender Diversity ◽  
Board Independence ◽  
Board Size ◽  
Stock Price Synchronicity ◽  
Negatively Associated ◽  
Governance Committee ◽  
Informational Environment

Market returns do not fully explain individual stock return changes, suggesting insynchronous movement between the two types of returns. The phenomena is widely called stock price synchronicity. Stock price synchronicity refers to the extent to which firm-specific information incorporated in stock prices. Prior studies suggest that price synchronicity is negatively associated with information quality. Firms with poor informational environment is likely to produce unreliable financial reports. Hence, it is a necessity for a firm to establish internal mechanisms, reflected in its corporate governance system, to promote conducive informational environment. One pillar of good corporate governance is the existence of effective Board of Commissioner. This study examines the association between Board of Commissioner composition and stock price synchronicity. Board of Commissioners composition includes Board independence, Board size, and gender diversity. In addition, this study also examine the role of Governance Committee in lowering stock price synchronicity. Regression analysis show that Board size and Board independence are negatively associated with stock price synchronicity. But no significant result were found for gender diversity. These findings suggest that larger Board size and more independent Board play significant role in improving the quality of financial reporting. And the presence of female commsioners do not affect financial reporting quality.

scholarly journals KONTRIBUSI KARAKTERISTIK PERUSAHAAN DAN CORPORATE GOVERNANCE TERHADAP PUBLIKASI SUSTAINABILITY REPORT

2018 ◽  
Vol 19 (3) ◽  
pp. 340-359
Author(s):  
Muhammad Khafid ◽  
Mulyaningsih Mulyaningsih
Keyword(s):  
Corporate Governance ◽  
Annual Report ◽  
Purposive Sampling ◽  
Governance Committee ◽  
Sustainability Report

Sustainability report adalah laporan sukarela untuk menyajikan laporan tanggung jawab perusahaan  aspek  sosial,  ekonomi,  lingkungan. Tercatat ada sekitar 47,1% perusahaan industri pertambangan yang membuat laporan keberlanjutan secara sukarela. Tujuan dari penelitian ini adalah untuk mengetahui pengaruh profitabilitas, leverage, ukuran perusahaan, dewan direksi, komite audit, dan governance committee terhadap publikasi sustainability report. Populasi penelitian ini adalah seluruh perusahaan industri pertambangan terdaftar di Bursa Efek Indonesia 2011-2013. Teknik pengambilan sampel dengan purposive sampling. Sampel yang masuk kriteria sebanyak 17 perusahaan. Unit analisis sampel untuk tahun 2011-2013 sebanyak 51 annual report. Metode analisis data penelitian ini yaitu regresi logistik. Hasil pengujian menunjukkan bahwa variabel profitabilitas, ukuran perusahaan, dan governance committee, berperan positif terhadap publikasi sustainability report. Leverage, dewan direksi, dan komite audit tidak berpengaruh terhadap publikasi sustainability report. Saran untuk penelitian selanjutnya dengan memperhatikan kualitas isi pengungkapan dari publikasi sustainability report sesuai pedoman GRI. Selain itu sebaiknya menggunakan pengukuran yang berbeda sebagai proksi dari variabel atau mempertimbangkan faktor ekonomi, seperti perubahan kurs tingkat bunga, atau tingkat inflasi untuk menghasilkan penelitian yang lebih baik.

scholarly journals Duties and responsibilities of the nominating committee

2017 ◽  
Vol 15 (1) ◽  
pp. 246-252
Author(s):  
Maria Gaia Soana ◽  
Giuseppe Crisci
Keyword(s):  
Corporate Governance ◽  
Boards Of Directors ◽  
Annual Review ◽  
Banking Supervision ◽  
Strategic Issues ◽  
Board Committees ◽  
Corporate Governance Codes ◽  
Governance Committee ◽  
Nominating Committees

Many corporate governance codes and reports emphasize the importance of creating nominating committees within boards. Focusing on banks, the Basel Committee on Banking Supervision (2015) recommends that boards of directors should create an internal nomination/human resources/governance committee. In this context, we have analysed the presence and main characteristics of this committee in the 30 systemically important banks (G-SIBs). To the best of our knowledge, this is the first paper describing in depth the activities of the nominating committees. Our analysis shows that the nominating committee is often also a “governance committee”. Its main responsibilities towards the full board of directors usually include identifying individuals qualified to become board members, guiding the board in its annual review, reviewing succession plans and, occasionally, monitoring education programs for directors. Most charters also entrust the appointment committee with the role of identifying members, and/or reviewing the composition, of board committees and, in a minority of cases, reviewing the suitability of the charters adopted by each board committee. The nominating committee is also frequently required to oversee for the board corporate governance policies and occasionally required to review policies relating to public/strategic issues, relationships with external entities affecting the bank’s reputation and ESG matters. Many charters also entrust the appointment committee with reviewing/appointing directors to the boards of important subsidiaries (9 out of 29) and reviewing/appointing managers (14 out of 29). The nominating committees of G-SIBs are primarily composed of independent directors. The male gender is the most represented. In 2016, the effective average number of meetings of nominating committees in was seven.

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