Abstract
Institutional Shareholder Services annually undertakes a detailed review and analysis of the structure and composition of markets across the globe in the yearly Market IQ documents. The background document examines the history and structure of the market from a governance perspective, including regulatory regimes, voting hurdles and procedures, compensation practices and shareholder ability to opine, dissident rights, investor organizations, history, and much more. In 2015, TSX-listed issuers will be required to include enhanced comply-or-explain proxy disclosure with respect to their gender diversity and director tenure policies. Additionally, with the advent of mandatory majority-voting and director resignation policies for non-controlled TSX-listed issuers, shareholders now have the ability to potentially remove directors from the board.
