Calpers, the largest pension fund in the US, has earned a reputation for holding companies to account for share price falls.

BBC: AOL.com

The two advertising holding companies, once aligned to share agency resources in the U.S. and Europe, dissolved their partnership in the mid-1990s.

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He portrays the typical CEO at one of these companies as running a stagnant business in need of a short-term share price boost to reward insiders holding executive stock options.

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