Tag: Governance
Northeastern State Treasurers, Asset Managers Form Corporate Diversity Coalition
CalSTRS Seeks to Join Lawsuit to Reform Facebook Governance
Pension fund says litigation will allow it to ‘protect Facebook’s profitability.’
Major Restructuring of CalPERS Investment Committee Could Become a Reality
A plan would reduce investment committee members and the number of meetings. It is being objected to by at least one board member.
CalPERS Board Member Wants Internal Investigation into Leaks Made Public
Margaret Brown says she is not the one leaking information to the press about confidential CalPERS matters.
Smaller DC Pensions Struggle to Demonstrate Value
Survey finds size matters regarding defined contribution plan governance.
Hedge Fund Trillium Rallies Shareowners to Vote for Creation of Facebook Oversight Board
Fund calls social media juggernaut’s current governance style an insufficient ‘whack-a-mole approach.’
CalSTRS Takes a Hard Stance on Facebook’s Governance
A privacy scandal leads to a harsh reprimand for social media network from the mega pension fund.
Calif. Treasurer Calls for Assault Weapons Divestment
John Chiang urges institutional investors to divest from sellers of military-style weapons.
NYS Common Cracks Down on Corporate Board Diversity
Diversity agreements made with four Fortune 500 companies.
CalSTRS Not on Board with Tesla’s Proposed Compensation Package
Cites issues with ‘lack of focus on profitability for the company.’
Oregon Files Suit Against Wynn Resorts
Alleges ‘massive breaches of fiduciary duty’ caused damage to the company and the long-term value of the stock.
Connecticut Considers Gun Divestment
State treasurer says she may ‘divest or not make further investments in gun companies.’
Council of Institutional Investors Calls for Corporate Board Governance to Mitigate Sexual Harassment
Group recommends reporting case payouts, strengthening board diversity.
PLSA Adds Sustainability Section to Pension Governance, Voting Guidelines
Updated guidelines recommend pension funds not support board re-election without climate change risk assessment, response to business effects.