The 2007 proxy season for calendar-year companies is just around the corner. Given all the changes that have happened so far in 2006 and still loom between now and the proxy season next spring, it’s worth taking a close look at what we are likely to see in 2007 and what companies need to do to prepare for that.

In 2006, the hottest issue was majority voting. There were approximately 130 proposals calling for companies to change from plurality to majority voting standards for directors; we didn’t see more only because a number of companies preemptively adopted majority voting in ...