As the world continues its hoped-for recovery from the depths of the financial crisis, the wave of corporate governance reform also continues, although perhaps at a somewhat slower pace and at a slightly lower temperature. This is probably attributable to the volume of work the ‘implementers’ of the reforms are facing, the continuing complaints from those entities that will have to bear the burdens and costs of the reforms and the desire of the implementers to do the best they can (after considering the various inputs from all sides) to ‘get it right’.