[Reuters] Exclusive: Facebook governance a concern for Calif pension fund

Posted by: UGN Security

[Reuters] Exclusive: Facebook governance a concern for Calif pension fund - 02/06/12 05:57 PM

NEW YORK (Reuters) - Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System.