How to streamline Governance 'Clutter'?

Any student of the Corporate Governance debate that has evolved during the past 30 plus years (especially here in the UK) will sometimes be confused by all the different codes that have been published. So a call to 'clean up this clutter' by a prominent participant (Guy Jubb, Standard Life Investments) in the current governance debate has to be welcomed. But this leads again to the key problem: who shall be in charge of setting the governance code, shall it be the companies themselves, the investment institutions, government or the real investors themselves? And that still leaves out the 100 pound gorilla that dominates so much voting on corporate and governance issues, the proxy advisers.
(10 June 2014)