A corporate governance engagement analysis, conducted for CalPERS by the Wilshire investment consulting firm, shows private talks are more productive than the public scrutiny of a Focus List of firms that resist reforms. The study supports CalPERS move to abolish use of its “name-and-shame” (more…)
Tag Archives | Focus List
CalPERS Focus List Methodology to be Revised
James McRitchie, 11/10/2010 ,
A recent examination of the “CalPERS Effect” by Wilshire found that Non-Focus List companies outperformed Focus List companies. Only the “worst” offenders are “named and shamed” on the Focus List. More receptive companies may already have engaged reform and are likely to move more quickly to better governance standards, improving the performance of those stocks […]