Shareowners collectively have the power to direct the course of corporations.
The potential impact of this power is staggering. Through shareowner
action, economic wealth can either be created or destroyed. In CalPERS'
view, the responsibility that results from this power must be exercised
responsibly.
This page is intended to provide information about how CalPERS
has determined, both historically and with regard to its current activities,
to exercise its ownership rights. Our focus on Executive Compensation,
Focus and Monitoring Lists, Education & Influence Programs, and Proxy
Voting Decisions are designed to communicate with our fellow market
participants CalPERS' governance actions that are relevant to upcoming
voting decisions. CalPERS' decisions are based on the analysis that
we have conducted and the conclusions that we have reached as one
investor. We urge all investors to conduct their own evaluations of
these issues and to arrive at the decisions that best meet their own
investment objectives.
We welcome your comments. If you would like to communicate with
us, please sign our Guest Book.
|
|
CalPERS
Viewpoint Library
Governance Principles
Securities Litigation