Corporate Governance Guidelines (58-201)
21st Century Governance
Corporate Governance Guidelines
Corporate Governance Guidelines based on National Policy Instrument 58-201
National Policy 58-201 “Corporate Governance Guidelines” reflects the impact of corporate governance developments in the U.S. and around the world in the Canadian context. It is designed to assist organizations in developing their own corporate governance practices.
The GovernanceExcellence Module provides a quick and easy way for an organization to assess its practices against this framework of best practices, to help build consensus within the organization of what practices might be and to benchmark the organization against other similar organizations.
Factors assessed
- A.1 Building a Board
- A1.1 Board Independence
- A1.2 independence of the Chair
- A1.3 Position Descriptions
- A1.4 Meetings of Independent Directors
- B1. Board Mandate
- B1.1 Mandate
- B1.2 Integrity
- B1.3 Strategic Planning
- B1.4 Risk Management
- B1.5 Sucession Planning
- B1.6 Internal Control and Management Information Systems
- B1.7 Communications Policy
- B1.8 Corporate Governance
- B1.9 Expectations and Responsibilities of Directors
- B1.10 Security Holder Feedback
- C1. Board Processes
- C1.1 Nominating Committee
- C1.2 Nominating Committee Charter
- C1.3 Board Competencies and Skills
- C1.4 Compensation Committee
- C1.5 Compensation Committee Charter
- C1.6 Compensation Committee Scope
- D1. Board Quality
- D1.1 Orientation
- D1.2 Continuing Education
- D1.3 Code of Business Conduct and Ethics
- D1.4 Compliance to the Code
- D1.5 Board Assessment