Largely due to last summer’s enactment of the Dodd-Frank Act, we have entered a watershed period of corporate governance reform. Processes already underway have transformed the relations between corporate boards and corporate shareholders. Even further changes loom. In a July 2011 article entitled “Corporate Governance Perspective: Current Bearings, Future Directions”  in the latest issue of InSights (here),  I  take a look at where we are now with respect to the current round of corporate governance reforms , what lies ahead, and what it all means.