Institute for Governance of Private and Public Organizations

Established in September 2005, the Institute for Governance of Private and Public Organizations (IGPPO) is a joint initiative of HEC Montréal and Concordia University (The John Molson School of Business). The Institute is committed to promoting strong corporate governance practices among organizations in Quebec and the rest of Canada.^[1]

Activity

Its operations focus primarily on key management activities, namely defining the corporate mission, evaluating strategic management and financial performance, recruiting and compensating officers and managing risk. It achieves this through:

• policy papers: The Institute supports academic research, takes part in public debates on governance issues, reinforces governance related skills;
• research: the aim is to stimulate debate on key issues of governance by providing rigorous research work;
• training: IGOPP organizes conferences and training seminars
• Dissemination of information: The Institute promotes partnership and knowledge transfer.

Policy papers

From 2006 to 2013, seven policy paper have been prepared on topical issues:

• The Troubling Case of Proxy Advisors Some policy recommendations
• Executive compensation Pay for value: Cutting the Gordian Knot of Executive Compensation
• Giving Shareholders a Say on Pay A measure leading to better governance?
• The Status of Women Corporate Directors in Canada Pushing for Change
• The Independence of Board Members: A Quest for Legitimacy
• Corporate citizenship and the right to vote A proposal
• Dual-class share structures in Canada Review and recommendations

Books and articles

Yvan Allaire ^[2] and IGOPP's books deal with the financial market, mining royalties, executive compensation, "good governance" in the public or private sector, takeovers of listed companies, regulation of financial markets, Davos, the presence of women on boards, works constantly looking to provide a measured opinion, sensitive to other, formulate policy proposals that respect the rights of the parties, always concerned perverse and unexpected effects of good intentions:

• La vertu du juste milieu: gouvernance et gouvernement
• Capitalism of Owners : How Financial Markets Destroy Companies and Societies and What to Do About It ^[3]
• Black Markets and Business Blues : The Man-Made Crisis of 2007-2009 and the Road to a New Capitalism. Silver medal, Category : Current Events I (Political/Economic/Legal/Media) of the 2010 Independent Publisher Book Awards.^[4]
• Plaidoyer pour un nouveau capitalisme ^[5] · ^[6] · .^[7]
• Propos de gouvernance : avant, pendant et après la crise financière
• Beyond Monks and Minow

Reports and studies

• Still unanswered questions (and new ones) to Bebchuk, Brav and Jiang: This paper is the third one of a series of three papers on [Hedge Fund] Activism.
• "The case for and against activist hedge funds"
• The value of "just say no": A Response to ISS
• To govern in the interest of the corporation : What is the board’s responsibility to stakeholders other than shareholder?
• Hedge Fund Activism and their Long-Term Consequences Unanswered Questions to Bebchuk, Brav and Jiang
• "Activist" hedge funds: creators of lasting wealth? What do the _ empirical studies really say?^[8]

Members of the Board of Directors

Chaired by Dr. Yvan Allaire, a well-known figure in the business world, the Board of Directors of the Institute is made up of 15 prominent individuals from various field: senior executives of big and small businesses, institutional investors, heads of public-sector organizations, university researchers and regulatory experts : Hélène Desmarais, Paule Doré, Christiane Germain, Steve Harvey, Chaviva Hošek, Stephen Jarislowsky, Réal Labelle, Michel Magnan, Andrew T. Molson, Louis Morisset, Michel Nadeau, Robert Parizeau, Guylaine Saucier, Sebastian Van Berkom.

Notes and references

1. IGOPP. "Institute for governance of private and public organizations". Retrieved February 2015.
2. "Yvan Allaire". Retrieved February 2015.
3. Harvey Schachter (June 2012). The Globe and Mail, ed. "Corporate leaders suffer under the capitalist gun". Retrieved February 2015.
4. Independent Publisher (June 2010). "Independent Publisher". Retrieved February 2015.
5. Gérald Fillion - RDI (June 2011). Radio Canada, ed. "Nouveau capitalisme". Retrieved February 2015.
6. Yvan Allaire (June 2010). Conférences Gérard Parizeau, ed. "Plaidoyer pour un nouveau capitalisme". Retrieved February 2015.
7. Rudy Le Cours (June 2011). La Presse, ed. "Pour une refonte du capitalisme". Retrieved February 2015.
8. Martin Lipton (July 2014). Harvard Law School Forum on Corporate Governance and Financial Regulation, ed. "Do Activist Hedge Funds Really Create Long Term Value?". Archived from the original on 2015-02-09. Retrieved February 2015.

External links

• Official website-IGOPP
• Blogue : Gouvernance stratégie… et al. - Yvan Allaire
• Global Agenda Council on the Role of Business-World Economic Forum