Corporate Governance: 2015 Annual Report

CalSTRS is pleased to publish our third annual Corporate Governance Report. This is an opportunity for us as a large, long-term shareholder to communicate with our stakeholders, beneficiaries, investment partners and portfolio companies the priorities of our Corporate Governance Program.

As universal long-term owners, we actively monitor our holdings and expect our portfolio companies to govern themselves responsibly, acknowledging their duty to shareholders. In return, we seek a return on our capital that balances risks with rewards. When we believe any of our portfolio companies are not carrying out their duty, we will actually engage and communicate with them to share our concerns.