The shareholder wealth effects of CalPERS' focus list
The Future of Public Employee Retirement Systems
'The Shareholder Wealth Effects of. CalPERS Focus List,' Journal of Applied Corporate Finance, 15: 102–11. (2004). 'Good Corporate Governance ...
'Calpers Effect' May Give Lift To Underperforming Stocks - WSJ
A study conducted by Calpers has found that companies named to its focus list between 1992 and 2001 saw stock gains of about 12% on average over ...
Agenda Item 8b Attachment 2 - CalPERS
Also see “The Shareholder Wealth. Effects of CalPERS Focus List,” Journal of Applied Corporate Finance, (Winter 2003), 8-17: The authors found that between ...
10 - Corporate governance and performance: the missing links
(2003), 'The Shareholder Wealth Effects of CalPERs' Focus List', Journal of Applied Corporate Finance 15, 3: 8–17.CrossRefGoogle Scholar. Anson, M., White, T ...
ALIGNING THE INTERESTS OF AGENTS AND OWNERS
In 2002, CalPERS began to scrutinize executive pay as part of its normal Focus List process of engaging corporations on issues of corporate governance. (More ...
through shareholder proposals sponsored by CalPERS at focus list firms. ... Anson, Mark, Ted White, and Ho Ho, 2003, The shareholder wealth effects of CalPERS' ...
Agenda Item 7a - Attachment 2 - CalPERS
value to investors We focus on issues such as investor rights, board quality ... tions for Focus List companies, we increase our invest- ments in those ...
The “CalPERS Effect” Revisited - Furman University
... focus list, suggesting that the improvement is not likely driven by return reversal. ... “Shareholder Wealth Effects of CalPERS' Activism.” Financial Services ...
In effect, the Focus List represents a legitimate, negative ... The Council for Institutional Investor's Annual Focus List. As noted, the CII ...
Of What Value Are Shareholder Proposals Sponsored by Public ...
Among studies that focus on the wealth effects and long-term consequences of propos- als, there is a broad consensus regarding a lack of significant ...
The Business Case for Corporate Governance - Semantic Scholar
16 References · THE SHAREHOLDER WEALTH EFFECTS OF CALPERS' FOCUS LIST · What Matters in Corporate Governance? · Empirical evidence on corporate governance in ...
In contrast, Nelson (2006) reports that the CalPERS's focus list does not affect the shareholder wealth of target firms. The costliest strategy, proxy contest, ...
RE: Proposed Rule on Fiduciary Duties Regarding Proxy Voting and ...
focus list firms that would increase shareholder ... Unrelated to the focus list program, CalPERS has also pursued social activism (e.g., the.
Engagements in action - CalSTRS
As a significant investor with a long-term investment horizon, engagement is a critical tool used by the CalSTRS Sustainable Investment and Stewardship ...
Principles and Agents: CalPERS and Corporate Governance in Japan
In 1995 CalPERS conducted a study of how to bring its shareholder-value approach to ... But, said White, a tool like the focus list, which CalPERS never ...
The California Public Employees' Retirement System (CalPERS) is an agency in the California executive branch that "manages pension and health benefits for ...
Corporate Engagement Enhanced Focus List Program ... - CalPERS
CalPERS Effect Study – continues to ... Emphasis of the Paper was to improve capital efficiency, board independence and shareholder rights.
Corporate Governance and Performance
CalPERS focus list ... References. Anson, White and Ho (2003), 'The Shareholder Wealth Effects of. CalPERs' Focus List' in Journal of Applied Corporate Finance, ...
Thirty years of shareholder activism: A survey of empirical research
Anson, Mark, Ted White and Ho Ho, 2003a, The shareholder wealth effects of CalPERS' focus list. Journal of. Applied Corporate Finance 15: 102 ...
Dollar Tree Stores, Inc. (A): the CalPERS focus list - Document - Gale
For the five years prior to appearing on the Focus List, these companies produced returns 86.7% below their respective industry benchmarks. However, for the ...