We Can’t Rely on Corporations to Reform Themselves – We Must Challenge Their Power
Corporations cross their hearts and swear that they’ll care about more than executive and director pay and stock prices.
Read more...Category Archives: Corporate governance
Two Horrid Wall Street Journal Stories Show What a Malefactor Amazon Has Become
The Wall Street Journal reports ghastly stories about product safety from third party sellers at Amazon, and the ugly office politics of software development
Read more...Under Bloomberg Pressure, CalPERS Coughs Up BCG Report on Private Equity, Confirming Criminal Abuse of Open Meeting Law; Board President Henry Jones Casually Leaks Confidential Information
A peek into how CalPERS abuses confidentiality when public agencies are supposed to be public.
Read more...CalPERS, Treasurer Fiona Ma, Board Members David Miller and Theresa Taylor, and CalPERS Employees Engage in Illegal and Dishonest Electioneering Against Candidate JJ Jelincic
More on CalPERS’ election meddling.
Read more...CalPERS’ Secret Investigation of Hiring Practices Shows Glaring Deficiencies; Has the Board Been Kept in the Dark?
CalPERS set out to hide the results of an audit of its hiring practices. That not surprising, since we have the key pages that show it got bad grades.
Read more...CalPERS Engineering Board Resignation: Underhanded, Dishonest Plans to Cut Investment Meetings of Poorly Performing Fund by More Than 50%, Shrink Investment Committee
The first of a two-part series describing the process and substance with which CalPERS staff is trying to engineer a de facto resignation of its board.
Read more...CalPERS Engineering Board Resignation: “Attempted Coup” via Unconstitutional, Fiduciary-Duty-Violating “Code of Conduct”
Just when you think CalPERS can’t sink any lower, it manages to outdo itself, this time, with an illegal governance monstrosity masquerading a code of conduct.
Read more...CalPERS Board President Henry Jones Exposed for Leaking Confidential “Closed Session” Information; Board Member Theresa Taylor Gives Factually-Challenged Denial of Her Closed Session Leak
The hypocrisy of CalPERS’ board is on full display yet again.
Read more...CalPERS Staff Caught Out in Yet Another Power Grab, Tries Gagging the Board With Staff’s “Board Code of Conduct”
The CalPERS board continues to waste time on tinpot tyranny rather than focusing on the challenge of the penion system’s substantial underfunding.
Read more...The Trump White House Is Upending Decades of Policy-Making Procedures
The Trump Administration really is making things up as it goes along.
Read more...CalPERS General Counsel Matt Jacobs Violated “Zero Tolerance” Policy via Manhandling CEO Marcie Frost; Will CalPERS Sanction Jacobs or Change the Policy?
CalPERS General Counsel Matt Jacob pawed CEO Marcie Frost. Not a good look.
Read more...Is There a Global Future for Unions?
A personal retrospective on the forces driving the rise and decline (and hopeful revival) of unions.
Read more...Deutsche Bank Highlights a Society at Risk
Why the erosion of personal standards has become a collective risk.
Read more...Rebel Economist Breaks Through to Washington on How Shareholder Value Theory Rewards the Undeserving
How William Lazonick persuaded pols and pundits that the shareholder value theory was bad for business and society.
Read more...How a Central Asian Business Empire Dines Out on British Secrecy
Using the UK’s lax corporate transparency and accountability regime, international businesses can, in effect, mask interests and ownership at home.
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