Governance, Compliance and Risk
Governance refers to the processes of authority, accountability, responsibility and decision-making that guide corporations, organizations and governments The formal structure of boards and their responsibilities and relationships with management is a key component of our governance division's work. Within corporate governance we review the manner in which boards direct their corporation along with the rules and laws that apply to their direction. We also look at governance for its ability to provide clarity around relationships, decision-making authority and accountability to support highly effective organizations.
- View our complete Governance webinar series (coming soon)
The Directors College
The Conference Board of Canada is also partnered with Degroote School of Business at McMaster University in forming The Directors College. Through this program we deliver McMaster University accredited governance education, focusing on practical governance skills and processes, as well as the behavioural and cultural elements of good governance.
Compliance encompasses the internal policies and procedures designed to prevent and detect violations of applicable law, regulations, rules and ethical standards by employees, agents and others. It involves legal risk management and internal controls. The Conference Board of Canada has become a thought leader in areas of corporate compliance and ethics—hosting closed door meetings where industry leaders can discuss challenges they face in their role and learn from best practices of other industries and industry experts.
Enterprise risk management (ERM) has emerged as one of the most pressing challenges for corporations. While the practice of it is not new, the development of robust ERM systems and processes within many organizations is slow across Canada. For the past ten years, The Conference Board of Canada has been a leader in evolving the discipline of enterprise-risk management (ERM)—through our research, study groups, workshops, conferences, webinars and executive networking opportunities within the risk management initiatives.
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