Davis Polk lawyers have authored the “Global Overview” chapter of Getting The Deal Through – Corporate Governance 2014, an annual guide that examines issues relating to board structures and directors’ duties in 33 jurisdictions worldwide.

Corporate governance continues to be a hot topic worldwide this year, but for different reasons in different regions. In the U.S. portion of the chapter, we discuss the continuing influence of proxy advisory firms, the increasing willingness of large institutional investors to engage in governance outreach and recent trends in governance bylaw amendments and shareholder proposals.

We also speculate where the tides may be heading on board tenure and other governance topics. In the Europe and Asia portions of the chapter, we consider new reform measures (some recently adopted and some just beginning to be considered) in areas such as compensation, shareholder access to information, gender diversity and dual-class shareholder structures.