(17-page report Ed Batts, Global Chair of Orrick’s M&A and Private Equity group.) – ”Corporate governance features have Executive Summary become increasingly prominent for public companies. This has accelerated as economic-oriented activist investors team with institutional investors to serve as catalysts for change. We are often asked by clients in the course of our practice:
What do other companies do?
We thought it would be useful to compare the three primary governance documents – certificate/ articles of incorporation, bylaws and corporate governance guidelines – of Silicon Valley and San Francisco Bay Area publicly traded companies.
We focused on three general areas:
• Board of Directors
• Shareholder Actions
• General Provisions