2024 Corporate Governance Practices and Trends in Silicon Valley and at Large Companies Nationwide

Corporate governance practices vary significantly among public companies. This reflects many factors, including: Differences in their stage of development, including the relative importance placed on various business objectives (for example, a focus on growth and scaling operations may be given more importance for technology and life sciences companies); Differences in the investor base for different […]

Feb 9, 2025 - 21:56
 0
2024 Corporate Governance Practices and Trends in Silicon Valley and at Large Companies Nationwide
Posted by David A. Bell and Wendy Grasso, Fenwick & West LLP, on Saturday, February 1, 2025
Editor's Note:

David A. Bell is a Partner and Co-Chair of Corporate Governance, and Wendy Grasso is a Corporate Governance Counsel, at Fenwick & West LLP. This post is based on their Fenwick memorandum.

Corporate governance practices vary significantly among public companies. This reflects many factors, including:

  • Differences in their stage of development, including the relative importance placed on various business objectives (for example, a focus on growth and scaling operations may be given more importance for technology and life sciences companies);
  • Differences in the investor base for different types of companies;
  • Differences in expectations of board members and advisors to companies and their boards, which can vary by a company’s size, age, stage of development, geography, industry and other factors; and
  • The reality that corporate governance practices that are appropriate for large, established public companies can be meaningfully different from those for newer, smaller companies.

(more…)