Time to look into the crystal ball to see what the new year might bring to the world of corporate governance.

But before we turn to 2011, let's glance in the rearview mirror to see how our 2010 predictions panned out. Happily, we were mostly right. Our column last January bet that financial reform legislation (later dubbed the Dodd-Frank Act) would back shareholder proxy access and say-on-pay, giving investors more clout in relation to corporate boards. We were wrong in expecting majority voting to be part of the law. To be honest, however, lots of people expected that proxy access ...