CORPORATE GOVERNANCE
LACERA‛S CORPORATE GOVERNANCE REPORTS
Each quarter, the Corporate Governance Committee creates a report that summarizes key corporate governance, regularity, and proxy voting issues.
LACERA's Corporate Governance Newsletter
- Corporate Governance Quarterly Review (July 2011 - September 2011) (1-30-12)
- Corporate Governance Quarterly Review (April 2011 - June 2011) (7-18-11)
- Corporate Governance Quarterly Review (January 2011 - March 2011) (7-18-11)
- Corporate Governance Quarterly Review (October 2010 - December 2010) (7-5-11)
CORPORATE GOVERNANCE PRINCIPLES
The Board of Investments and the LACERA Corporate Governance committee have adopted a Corporate Governance principles document. The committee was created to advise the Board of Investments on Corporate Governance issues and initiatives.
OVERVIEW OF THE PRINICIPLES
The fundamental objective that guides the Los Angeles County Employees Retirement Association (LACERA) when drafting Core Principles of good corporate governance is to safeguard and promote the economic interests of its active and retired members. LACERA‛s Board of Investments recognizes good governance must “maintain an appropriate balance between the rights of shareholders? and the need of board and management to direct and manage the corporation‛s affairs free from non-strategic short-term influence.”
This document identifies LACERA‛s Board of Investments‛ Core Principles in corporate governance. Core Principles include Board Independence, Board Management and Evaluation, and Shareholder Rights. It is also intended to communicate the importance of fiduciary duty, integrity, and transparency to Corporate America.
Click here to read LACERA's Corporate Governance Principles. (4-27-09)
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