Organizations that practice good corporate governance lessen their risks and increase their chances of success in their initiatives. In the wake of major accounting scandals and fraud cases, shareholders and regulators have become increasingly concerned about the effectiveness of boards of directors and their committees. Consequently, the good corporate governance practices that prudent advisors have recommended for years are now mandated. Companies are now required to disclose their corporate governance systems and procedures annually, and CEOs are required to certify the integrity of financial statements and disclosure controls.
Fraser Milner Casgrain LLP’s Corporate Governance Group has extensive experience helping clients to comply with the new legislation and to develop corporate governance procedures that increase board, management and corporate effectiveness. Whether they are multinational public companies or smaller private firms, we help them satisfy increasingly rigorous regulatory requirements, minimize directors’ and officers’ liability and meet shareholder obligations and expectations. We emphasize practical solutions grounded in good business management and governance principles.
Our cross-border connections and experience are particularly valuable to U.S. and Canadian clients who have operations in both countries and must devise governance procedures that will meet compliance standards in different jurisdictions.