A recent review by the Canadian Securities Administrators found that 55% of issuers were deficient in their corporate governance disclosure, based on a sample size of more than 70 issuers. The review identified areas for improvement of disclosure related to issuers’ boards of directors, position descriptions, and nomination of directors, among other things.
Here is the excerpt from CSA Staff Notice 51-334 - Continuous Disclosure Review Program, dated July 15, 2011:
Related post: Investors shouldn't have to leave your website for corporate governance information
