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Articles on Board of directors

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Canadian sport organizations and governing bodies have much to learn from national team athletes when it comes to improving accountability and preventing costly litigation. THE CANADIAN PRESS/ASP-Yi-Chin Lee/Houston

Canadian sport leaders should look to national team athletes for lessons in accountability

Canada Soccer has the potential to model, both nationally and globally, the same standards of accountability and leadership excellence that are expected of national team athletes.
Gender diversity on company boards of directors has been improving over the years, but it still has a long way to go. (Shutterstock)

Gender diversity on corporate boards can improve organizational performance

Men and women both offer unique, valuable contributions to company boards. To reap these benefits, organizations should continue to increase gender diversity.
A new study has found that a healthy and ethical company culture plays a more important role in preventing fraud than its board of directors does. (Shutterstock)

An ethical workplace culture can prevent corporate fraud by aiding whistleblowers

Contrary to popular belief, boards of directors are not the ones who establish whistleblowing procedures. Instead, boards depend on their management teams to implement them.
There’s a void of responsible leadership at Hockey Canada and other scandal-plagued organizations. Governments can’t fix those systemic problems. (Shutterstock)

Boards of directors, not governments, must prevent scandals like Hockey Canada’s

Good board governance starts with understanding the mandate and role of the board and then follows through with structure, robust processes and practices.
Women still have a long way to go to reach parity in the boardroom. Wanlee Prachyapanaprai/iStock via Getty Images

US counties with more civic engagement tend to have more women on local company boards of directors

A study of 3,000 companies found a correlation between local ‘social capital’ – which measures such variables as voter turnout and census response rates – and more women on corporate boards.
In this 2019 promotional photo from McDonald’s, then CEO Steve Easterbrook, fourth from the left, celebrates the 50th anniversary of the Big Mac with family members of the McDonald’s employee who invented the popular sandwich. Easterbrook has since been dismissed from McDonald’s for inappropriate behaviour. (Peter Wynn Thompson/AP Images for McDonald's)

How good governance can stop toxic ‘bro behaviour’ at companies

Bad behaviour and toxic culture at a company can be corrected if the organization’s board of directors states clearly the values they are looking for in a CEO.
McDonald’s CEO Steve Easterbrook was terminated by his board after admitting to a consensual relationship with another company employee. (Alyssa Schukar/AP Images for McDonald's)

McDonald’s upheaval is a stern reminder to CEOs about ethics

The attitudes and behaviour of employees are impacted much more strongly by the actions of their bosses than by their words. And the CEO is the most visible and powerful role model of all.
New AMP chair David Murray’s prescription for corporate governance doesn’t acknowledge the structural drivers of systemic misconduct. Joel Carrett/AAP

Treasury admits corporate governance is broken but baulks at systemic fixes

Evidence to the Banking Royal Commission points to the systemic failings of corporate governance built on the idea of shareholder primacy. It’s time to rethink the unitary board system for a start.

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