“Say on Pay” Legislation: A Brief and Non-Binding Overview

What is “Say on Pay”? “Say on pay” is a phrase that has been gaining currency in the past several years.  It refers to legislation that gives a firm's shareholders the right to vote on the remuneration of executives.  This type of legislation is one of the responses to soaring executive compensation which is too often uncorrelated to [...]

By |2020-07-29T10:30:10-07:00July 29th, 2020|Blog, Canada Business Corporations Act, Corporate Law|

Building your Board of Directors in British Columbia

Building your Board of Directors in British Columbia   Why does your business even need a board of directors in the first place? The short answer is that the law requires it. The (slightly) longer answer is that they act on behalf of the shareholders to supervise and manage the activities of the business. Directors [...]

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