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Global Corporate Governance Principles, 1998

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Summary

The overriding objective of the corporation should be to optimize over time the returns to its shareowners. Where other considerations affect this objective, they should be clearly stated and disclosed. To achieve this objective, the corporation should endeavor to ensure the long-term viability of its business, and to manage effectively its relationships with stakeholders.

Issuer

United States

Year

1998

Region

North America

Issuer (type)

California Public Employee's Retirement System (CalPERS) (Government)

Instrument type

Principles

Disclosure instrument

No

Geographical scope

Sub-national

Mandatory or voluntary

Voluntary

Text analysis

    • Low 0.26%
    • Low 0.00%
    • E focus: environment
    • G focus: audit
    • Finance, Management