Prof. Anita Anand writes "Canada should take a U.S. approach to the Aecon takeover bid − and reject it"

Monday, April 16, 2018

In a commentary in the Globe and Mail, Prof. Anita Anand examines approaches to assessing national security concerns with regards to the bid by Chinese state-owned company China Communications Construction Co. to take over Canadian construction company Aecon Group Ltd. ("Canada should take a U.S. approach to the Aecon takeover bid − and reject it," April 16, 2018).

Enhancing Governance in Dual Class Share Firms

Anita Anand
Saturday, March 24, 2018

Enhancing Governance in Dual Class Share Firms

by Anita Anand

            In a typical public company, shareholders can elect the board, appoint the auditors, and approve fundamental changes.  In other words, they can participate in the governance of the firm. Firms with dual class shares (DCS) alter this balance by inviting the subordinate shareholders to carry the financial risk of investing in the firm without providing them with the corresponding power to elect the board and exercise other voting rights. I argue that this misalignment of rights and risks should be subject to three modest reforms in order to enhance governance in DCS firms.

            The rationale underlying DCS is that they allow firm founders to protect themselves against a loss of control,[1] thereby ensuring that they can implement a long-term corporate strategy notwithstanding  short-term market pressures.[2] But the central question must be asked: to what extent (and for how long) should the law allow the founders to pursue their “idiosyncratic vision” for the DCS corporation?[3] 

Profs. Anita Anand and Adriana Robertson write "Has the time come for greater oversight of market indexes?" in Globe and Mail

Monday, March 12, 2018

In a commentary in the Globe and Mail, Profs. Anita Anand and Adriana Robertson point out how influential market indexes are lacking in transparency ("Has the time come for greater oversight of market indexes?", March 10, 2018).

Read the full commentary on the Globe and Mail website, or below.

Prof. Anita Anand writes "How the OSC upheld the public interest in Eco Oro case"

Wednesday, December 6, 2017

In a commentary in the Globe and Mail, Prof. Anita Anand analyzes how the Ontario Securities Commission exercised its public interest jurisdiction in a case regarding the company Eco Oro, which issued 10 per cent of its common shares to four shareholders with the apparent intention of preventing the replacement of its board of directors ("How the OSC upheld the public interest in Eco Oro case," December 4, 2017).

Global Professional LLM Class of 2017 graduates

Thursday, November 9, 2017

They have backgrounds from across the spectrum—law, technology, finance, risk management, energy, education and more—and were interested in expanding their knowledge, skills and networks. Forty-seven professionals from the Class of 2017, have now graduated with their Global Professional LLM degrees.  After 12-months of weekends and nights, after putting in full days of work and balancing family life, Satyma Mongia, an eligibility adjudicator at the WSIB, and an internationally trained lawyer, says she knows exactly how she feels:

Pension Fund Investments and Governance Roundtable

Program on Ethics in Law and Business

PENSION FUND INVESTMENTS AND GOVERNANCE ROUNDTABLE

NOVEMBER 3, 2017
9:00-11:00
University of Toronto Faculty of Law
Jackman Law Building, Room J125

Profs. Anita Anand and Andrew Green, and JD student Matthew Alexander, write "Are no-contest settlements in the public interest?"

Wednesday, July 19, 2017

In a commentary in the Globe and Mail, Professors Anita Anand and Andrew Green, and JD student Matthew Alexander, express concern about the Ontario Securities Commission’s recent no-contest settlements and explain why they could be a cause for concern ("Are no-contest settlements in the public interest?", July 19, 2017).

Read the full commentary on the Globe and Mail website, or below.

"Boilerplate" scholar Professor Radin joins Faculty of Law

Friday, August 4, 2017
professor peggy radin

Contract and property law professor is an expert on 'boilerplate' contracts forced onto online consumers

By Andrew Stobo Sniderman, JD 2014

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