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Investors voice disapproval of Murdoch’s sons

Investors in News Corp have clearly signalled that they oppose Rupert Murdoch’s plans to pass control of the media giant to his children, voicing strong opposition to the re-election of sons Lachlan and James Murdoch to the board at the company’s annual general meeting last week.
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CalSTRS’ governance work recognised

Without full proxy access on the corporate ballot, broader shareholder activity such as majority vote and compensation alignment are set back, according to corporate governance director at CalSTRS, Anne Sheehan, who together with chief executive, Jack Ehnes, has been named on the National Association of Company Directors’ list of 100 most influential corporate governance leaders.
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California dreamin’ of responsible funding

Relief for Californian state fund investment chiefs, their bosses and their members – with CalSTRS and CalPERS both returning 20+ per cent for the financial year – has been usurped by a reminder to politicians that the funds cannot invest their way to good health and a responsible funding strategy is required.
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