Corporate governance in Canadian Federal Crown ...



Title Corporate governance in Canadian Federal Crown Corporations: an analysis of the implementation of 31 measures announced by the Government in 2005
Author(s) Kelly Cooper
Date 2012
Institution University of Prince Edward Island
Supervisor(s) Gary Evans
Degree earned Master of Business Administration
Place published Charlottetown, P.E.I.
Abstract The corporate governance of Crown Corporations first became a topic of common discussion in 2003 with the Sponsorship scandal whereby Government institutions were implicated in failing to respect the parliamentary appropriations process and in failing to comply with Government contracting policies and regulations leading to a misuse of public funds. As a result, in 2005 the Government announced thirty-one measures Crown Corporations were required to implement to improve their governance and alleviate citizens concerns. This paper is a comprehensive analysis of the implementation of these thirty-one measures in all forty-six Federal Crown Corporations. Since the definitions of some of the measures the Government announced are unclear, rendering their measurement problematical, this paper both defines and clarifies the definitions of the thirty-one measures. Given that these measures were announced five years prior to this study, it could reasonably be expected that all Crown Corporations would by now have implemented all of them and felt obliged to report on their implementation. This paper demonstrates that this is not the case. There is a wide range of disparity on the number of measures implemented, ranging from one Crown Corporation implementing all of the measures to two Crown Corporations implementing only three of them.
Use/Reproduction In presenting this signature project report in partial fulfilment of the requirements for a Master of Business Administration degree from the University of Prince Edward Island, the author has agreed that the Robertson Library, University of Prince Edward Island, may make this signature project freely available for inspection and gives permission to add an electronic version of the signature project to the Digital Repository at the University of Prince Edward Island. Moreover the author further agrees that permission for extensive copying of this signature project report for scholarly purposes may be granted by the professor or professors who supervised the author’s project work, or, in their absence, by the Dean of the School of Business. It is understood that any copying or publication or use of this signature project report or parts thereof for financial gain shall not be allowed without the author’s written permission. It is also understood that due recognition shall be given to the author and to the University of Prince Edward Island in any scholarly use which may be made of any material in the author’s report.

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