On Monday, the California Public Employees Retirement System issued this press release stating that it has "adopted a new strategy for engaging underperforming public stock companies through private contacts and proxy actions rather than by posting a public 'name-and-shame' Focus List." The new program has been dubbed the "Shareowner/Corporate Engagement Program".
CalPERS Announces Private Engagement In Lieu of Name and Shame
Posted on
November 17, 2010
by
Keith Paul Bishop