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A celebration of 25 years of the ICMCI

A collection of best practice and activities of member Institutes

CMC Toolkit

OECD Principles of Corporate Governance
http://www.oecd.org/corporate/oecdprinciplesofcorporategovernance.htm
The 20 original members of OECD and the subsequent 10 countries that joined created these principles as the standards for good governance in the world originally in 1999 and updated further in 2004. These have become the international benchmarks for corporations, policy makers, investors and other stakeholders worldwide.

Modernization of Company Law and Enhancement of Corporate Governance (EU)
http://ec.europa.eu/internal_market/company/modern/index_en.htm#141028
Started in 2003, this initiative led to the European Commission presenting a proposal for the revision of shareholder rights directive and several other elements in September 2014. Find the latest in EU efforts to update corporate governance at the above web-link.

Canada Not-for-Profit Corporations Act
http://laws.justice.gc.ca/eng/acts/c-7.75/
Passed into law in 2009 the CNCA is a landmark in Canadian, perhaps global, governance. The act is both legal AND prescriptive for how Boards of NFP in Canada should conduct their governance affairs.

Sarbanes-Oxley Act 2002
http://www.soxlaw.com/
SOX started it all. In response to significant public outcry to unreliable corporate practices, the SOX legislation prescribed significantly improved governance practice for all companies listing on the US securities exchanges.

International Finance Corporation – Corp Governance Portal
http://www.ifc.org/wps/wcm/connect/Topics_Ext_Content/IFC_External_Corporate_Site/Corporate+Governance
Information on IFC Governance initiatives in Central/South America, Middle East & N. Africa, South Asia, and more. 

Board Governance Practices Inventory
http://www.banffexeclead.com/Newsletter04/PDF/Board%20Governance%20Practices%20Inventory.pdf
A competency-based assessment instrument for Boards, Councils and other Governance bodies of various constructs. This tool has incorporated recommended good governance practices from SOX, Canada’s TSE, UK’s Cadbury Commission, OECD, Germany’s Panel on Corporate governance, CalPERS, Hong Kong’s Laws & regulations on Governance, Singapore and Japanese business groups, and more.

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