The best perspective on what lies ahead in corporate governance might just be from the pilot's seat of the Duke of Cambridge's air-sea rescue helicopter. Why? We'll get to that in a moment. First it is time for that dread exercise, accountability. Each year we try to predict trends emerging in corporate governance over the next 12 months. But we also hold ourselves to account for how well we guided readers with last year's prognostications.
What did we forecast last January? We made two prophecies. We wrote that 2011 “will be remembered as an inflection point in the effort to lift ...