Welcome to the second annual âGovernance Year in Reviewâ special edition of Directors & Boards. We added this fifth issue in our quarterly publication schedule to deliver even greater value to our readers. We present to you an archival record of the who, what, where, when, and why of governance â the 5Wâs that moved the governance ball forward (or, sad to say, backward) in each calendar year. I think youâll find that our roster of authors in this issue, supplemented by our data compilations, convey a comprehensive portrait of governance circa 2007. Let me start this issue off with a mini-compilation of my own. Here are a few one-liners from articles that appeared in these pages last year. Reading them again, I see how emblematic they are of the year just passed as well as the kind of counsel on governance best practices that Directors & Boards has specialized in since its founding in 1976: