The California Public Employees' Retirement System (known as
"CalPERS") has long been a leader in the corporate governance
movement. As the largest public retirement system in the U.S., CalPERS' Board
of Administration has concluded that "good" corporate governance
leads to improved long-term performance. CalPERS' also strongly believes that
"good" governance requires the attention and dedication not only of
a company's officers and directors, but also its owners.
do you think of these CalPERs' Principles of Governance?