20 years of Corporate Governance and increasing regulation in Netherlands and elsewhere did not bring about the much desired and anticipated focus on longer-term value creation for all stakeholders associated with the company. Essentially the focus is still short-term but with the added disadvantage of increased regulation, rising compliance cost and a check-the-box mentality. We need to address inadequacies in the system from within, rather than creating frameworks around the system. Rewarding longer-term shareholder engagement might be one solution, thus creating the right mindset to move things forward.