Excellence in Corporate Governance Disclosure

The CICA Corporate Reporting Awards 2007 (CRA) address “Excellence in Corporate Governance Disclosure for TSX-listed Companies.” The CRA evaluation criteria include reviewing the proxy circular and how the company uses technology to report this information. The corporate website is an ideal location for information about how a company is managed on behalf of its stakeholders. Some companies still confine this area primarily to a list of directors and senior management but the best sites include comprehensive details of the governance structure of the company, including committees, policies, terms of reference and recent activities — generally a comprehensive treatment of the governance approach in place.