1. Canada -- Looking for a Few More Good People: Why Independent Directors are in Short Supply

    Canada -- Looking for a Few More Good People: Why Independent Directors are in Short Supply

    Governance issues to expect in 2018 Today, Giffen’s brand of independence is in high demand; he routinely declines appointments, and he isn’t the only one. The rise of shareholder activism has heavily leaned on independent directors. More stakeholder involvement has led to more disputes, which in turn has increased the burden on independents called upon to mediate those disputes...

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  2. Quotes

    1. They thought their job was to support management.
    2. The search for directors who had no connection to management may have generated some [poor appointees].
    3. Their actions and interactions are going to be looked at.
    4. A director may need to spend six or eight hours a day, two or three times a week for a month.
    5. If you try to be pristine about independence.
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