In the wake of many corporate governance disasters capping-off the decade, there has been a topical focus on ethics and corporate governance. Stock price movements in the public markets create obvious motivations for fiduciaries to misrepresent themselves to enhance the often short-term-focused compensation plans. Much in the way of legislation and control has been enacted to reverse this negative trend.

Private companies, while immune from the temptations of stock market price manipulations, are not immune to the need for significant improvements and reviews on corporate governance. This is particularly needed when an institution invests in a private company. Ellesmere Capital conducts a governance audit on each of our prospective clients, and has internally set acceptability benchmarks. Our procedures are based on the policies and principles offered by the Canadian Coalition for Good Governance, which can be found by clicking here.