About Corporate Governance
The Canadian Society of Corporate Secretaries is widely regarded as the voice of Corporate Secretaries and other governance professionals in Canada. Every day, in corporate, government, not for profitand crown offices across the country, our members deal with disclosure, board of directors administration and their associated committees, matters of corporate governance, proxy processes, annual meetings and more.
In this dynamic governance environment, CSCS serves as an unparalleled resource for answering questions about corporate governance, what is considered good corporate governance and how to deal effectively with issues of compliance.
As part of our mandate, our organization strives to provide timely information about recent changes and developments in Canadian corporate governance, across all business sectors.
Who can join CSCS? Our membership is composed principally of corporate secretaries, assistant secretaries and business executives in corporate governance, ethics and compliance functions, as well as others involved in duties normally associated with corporate governance in Canada. Associated titles include:
- Corporate Secretaries
- Assistant Corporate Secretaries
- Corporate Governance Managers
- General Counsels
- Chief Compliance Officers
- VPs of Regulatory Affairs
- Board Administrators
CSCS is also fortunate to have a strong group of professional governance service firms, individuals and other service providers that support the corporate secretariat and corporate governance practices. A “Service Provider Member” provides corporate governance services to secretaries, general counsels, compliance and governance officers (e.g. proxy solicitors, governance consultants, software providers, transfer agents, financial printers, registered agents, and attorneys in private practice).
What is Corporate Governance?
Corporate governance is "the system by which companies are directed and controlled" (Cadbury Committee, 1992). Worldwide, the definition of corporate governance may include regional nuances, but corporate governance in Canada involves regulatory and market mechanisms, and reconciling the roles and relationships between numerous corporate stakeholders within an organization and the governance goals within a corporation.
Internal governance stakeholders include:
- Company management
- Board of Directors
- Shareholders and other corporate stakeholders
External governance stakeholders include:
- Trade creditors
- Suppliers, customers and communities affected by a corporation's activities