Marie Sénécal-Tremblay_optMarie Senécal-Tremblay (EMBA 2013), juge de la citoyenneté, Commission de la citoyenneté — Canada, a été invitée à présenter les résultats de son travail final de l’EMBA McGill — HEC Montréal dans le cadre de la DISTINGUISHED SPEAKER SERIES du Centre de recherche en comptabilité et en gouvernance CGA-Canada de l’École de gestion Telfer, la semaine dernière.

Le sujet de sa conférence était « Passer à l’action : Parvenir une plus grande diversité dans les conseils d’administration au Canada ». Cette présentation fait suite à son discours dans le cadre de l’initiative « 3 Minutes to Change the World » du département des études supérieures de l’université McGill.

Here is the abstract of her presentation :

Given its universality, gender diversity is the de facto gateway for other types of functional, internal and external demographic diversity, such as nationality, culture, experience and tenure. By its external measurable nature, it acts as proxy for diversity writ large in the same way that corporate board performance acts as proxy for corporate governance writ large. In Canada, decades of public debate stand in sharp contrast to the absence of movement on this issue over the same long period.

This research uses complexity theory insights which when applied to management science, champions an emerging analytical approach, focused on policy context, looking from within and the identification of patterns. Combined with in-depth field interviews and a broad literature review this approach seeks to 1) understand the key characteristics of Canadian corporate culture; 2) compare Norway’s legislated quotas with Canada’s actions over the same timeframe; and 3) examine innovative initiatives such as the equality of opportunity based ‘Rooney Rule’ in the United States. An incremental public policy approach which builds on identifiable, innate corporate characteristics is compared with the recent Ontario government mandate to the Ontario Securities Commission (OSC), the OSC’s subsequent course of action and its proposed regulatory ‘comply and explain’ amendments to National Instrument 58-101.

This paper aims to make a contribution by answering why public debate and voluntary actions are necessary but not sufficient to effect change on this complex public policy issue. A better understanding of this multi-factorial ecosystem is essential for the emergence and development of an informed, effective public policy course of action that is well-adapted to Canada’s corporate and national cultural contexts.

Source : CGA Corporate Governance Center