Category Archives: Corporate governance

CalPERS Consultant Global Governance Advisors Recommends Further Overpaying Grossly Underperforming CalPERS Staff

How a new consultant, Global Governance Advisors, is helping CalPERS executives and staff even better line their pockets.

Pennsylvania Public Pension Fund Trustee Katie Muth Has to Sue to Find Out What Fund Is Investing In

Proving how deep intransigence runs among public pension fund staff, PennPSERS trustee Katie Muth is suing to find out what the fund owns.

Global Supply Chain Risk and Resilience

Are experts whistling in the dark about the coming odds of fundamental restructuring of many supply chains?

‘Their Inflation Strategy Is Working’: Corporate Profits Soared to Record High in 2021

“CEOs can’t stop bragging on corporate earnings calls about jacking up prices on consumers to keep their profits soaring,” said one expert.

Legal Action Against Shell Board Previews Wave of Lawsuits Against Company Directors

Sadly, the idea of suing corporate board members over climate change inaction does not seem likely to go anywhere.

AG Merrick Garland Outlines Corporate Crime Prosecution Priorities

AG Merrick Garland outlined corporate crime enforcement priorities in a speech last week before an ABA group.

There’s No Sugarcoating Hershey’s Abuse of Workers and Union-Busting Tactics

Hershey is not nice.

Shareholder Activism: Icahn Targets McDonald’s Pig Pens

Carl Icahn seeks to force McDonald’s 2012 pledge to cease to use gestation crate to confine pregnant pigs within a decade.

Resource Limits to American Capitalism & The Predator State Today

James K. Galbraith discusses the shift of the US from industrialism to his so-called predator state: finance-led, military-centered corporatism

Building a State One Step at a Time: Evidence from France

Some theories about government-making from France….but do they hold up?

A Facet of Late-State Capitalist Failure: Operational Breakage

Are seemingly increasing operational failures a sign of a bigger pathology?

CalPERS Continues to Grossly Misrepresent Facts and Law to Avoid Disclosing Full Transcript of Improper Board Meeting After CIO Ben Meng Quit; Will Judge Markman Buy It?

True to form, CalPERS general counsel Matt Jacobs is playing fast and loose with the law and facts. Will Judge Markman let him get away with it?

With Billions in Fines, U.S. Chamber of Commerce’s Ranks Are ‘Packed With Rogues’

A new report catalogues 15,896 federal and state violations from more than 100 U.S. Chamber of Commerce members, including major fossil fuel companies.

Wrong Way CalPERS: Dumping $6 Billion of Private Equity After Struggling to Put Money to Work and Then Increasing Target

CalPERS is trying to do something more obviously nonsensical than usual.