The corporate governance debate has been flourishing in Canada since the mid-1990’s when the Dey Report first asked the telling question “Where Were the Directors"? Nine years later, the question is still relevant and being vigorously asked once again in the context of such flaming corporate meltdowns in the United States such as Enron, Global Crossing and Tyco to name just a few of the more prominent companies in the news today. Not that Canada has been unaffected with such stellar examples such as Bre-X, YBM, and more recently, Nortel. All these examples raise different but troubling questions about Board performance in light of management incompetence, fraud or just poor governance at the Directors’ level that has cost shareholders billions of dollars.

type Directors Still Missing