2023 Silicon Valley 150: Corporate Governance Report

Our 2023 Silicon Valley 150 Corporate Governance Report reviews the corporate governance practices and disclosures of the Valley’s largest public companies. This report uses the Lonergan SV150, which ranks the top 150 public companies with headquarters in Silicon Valley by annual sales. We noted the following key conclusions from our survey of SV150 corporate governance:

  • Virtual meetings are here to stay. Following the practice started during the COVID-19 pandemic, approximately 89% of the SV150 opted to hold a virtual meeting in 2023 rather than a physical one.
  • ESG/CSR disclosure in the proxy statement and on websites continued to remain strong throughout the SV150, with 84% of the top 100 companies having such disclosure in their proxies and 93% of the top 100 companies having such disclosure on their website.

Source: 2023 Silicon Valley 150: Corporate Governance Report