WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System’s (CalSTRS) Corporate Governance 2014 Annual Report shows its engagement with small-cap companies yielded remarkable progress in the adoption of majority voting standards for the election of corporate directors.
The Corporate Governance 2014 Annual Report reflects four years of work with small-cap companies—those with a capitalization of $2 billion or less—to adopt the majority-vote standard. The standard requires directors to receive a majority of shareholder support to be elected to the board.
CalSTRS uses the Alternative Solicitation method to support investment operations and assist in the implementation of its investment strategy. External investment managers are a typical solicited service.
Qualified Investment Managers are invited to review and respond to the California State Teachers’ Retirement System (CalSTRS), Alternative Solicitation Process (ASP), entitled U.S. Equity Manager, ASP Number 5000000300.
Business partners are critical members of the CalSTRS team in support of our diverse global financial business portfolio. If you supply goods or services that CalSTRS is likely to purchase, we invite you to register with our database of suppliers.
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