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A National Securities Regulator and the Proposed Canadian Securities Act: Is Politics Taking Precedent Over Good Corporate Governance and Regulation?

There have been many efforts over the last 40 years to create a national securities regulator in Canada. According to the advocates of a national regulator, the current politicized system of provincial securities fiefdoms threatens the long-term future of capital markets and makes those markets less sophisticated and more prone to peculiar political interests. According [...]

Corporate Governance: Are We Asking the Right Questions?

New research by scholars from the University of South California has provided some support for those who are skeptical of the role that good corporate governance plays in improving corporate performance. The study by David Erkens, Mingyi Hung and Pedro Matos followed the performance of 296 financial institutions with assets of more than $10 billion [...]