Corporate Governance

2023 Corporate Governance Survey

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Shearman & Sterling LLP Introduction | 4 In the following section, we provide our perspectives on, among other things, mitigating risks associated with artificial intelligence, the SEC's expectations of required disclosures and the associated disclosure controls stemming from recent enforcement actions, what we learned about the anti-ESG movement from the last proxy season, how executive officers should be thinking about fiduciary duties and what management teams and boards should be focused on as a series of new and wide-ranging disclosure rules come to into effect in 2023 and 2024. We also share perspectives on how the regional bank failures of 2023 are impacting corporate governance and risk management for banks, corporate governance developments in the United Kingdom and key considerations related to sustainability-linked loans.

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