The foundation of GGA's intellectual capital is our advisors' combined history of over 75 years of experience in the field. The knowledge and insights that we bring to our client engagements have been built upon extensive experience on client projects and effective involvement in shaping our industry's thinking and professional standards.
GGA has advised clients across a myriad of industries and a full range of compensation and governance topics. With substantial experience working with financial institutions, asset managers, real estate companies, public organisations, and income trusts, we have a particularly deep understanding of the issues and considerations that determine the success of compensation strategies and corporate governance processes.
While research is a critical tool, the key basis of our industry expertise derives not from possessing valuable industry-specific data, but from gaining knowledge of the pertinent issues that are unique to the industry. It is in working with clients -- in obtaining their input in designing the research and in assisting them in interpreting and using the data -- that we attain our industry expertise.
Thought LeadershipOur intellectual leadership in the field of compensation is exemplified by our participation in the Institute of Corporate Directors (ICD) Blue Ribbon Commission on the Governance of Executive Compensation.
GGA has been involved in two key thought leadership initiative, specifically:
ICD Blue Ribbon Commission on the Governance of Executive Compensation
With help from GGA consultants, the Commission was organised in 2006 alongside some of Canada's leading governance thought leaders, including CPP Investment Board, OMERS, Bennett Jones, Russell Reynolds, Industry Canada, Torys, Paul Cantor, Bill Dimma, Robert Parizeau, Alberta Investment Management, and the Institute of Corporate Directors. It is the most exhaustive research and recommendations on executive compensation in Canadian history and represents the first major change since early 1990s. It was co-chaired by Robert Parizeau, Paul Cantor and Bill Dimma, and assisted by a leading academic team from the Richard Ivey School of Business, led by Professor Murray Bryant.
The Commission's objective was to protect shareholders and boards, as well as create accountability in the system. The Federal government is to consider the Commission's recommendations to improve the Canada Business Corporations Act, while Canadian securities regulators will also consider the Commission?s recommendations to improve regulations such as Multi-Lateral Instrument 58-201.
The Human Resources Professionals Association (HRPA) is Canada's HR thought leader and the largest HR association in the country. In Ontario, HRPA regulates the HR profession and issues the Certified Human Resources Professional (CHRP) designation, the national standard for excellence in human resources management.