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BoardVision

An Investor’s View of Board Quality

19 Nov 2025

Description

How do investors assess the quality of boards? To start, they look for well-defined and transparent director roles and responsibilities, says Aeisha Mastagni, a CalSTRS senior portfolio manager.In this episode, Mastagni and NACD’s Marcel Bucsescu look at the investor’s perspective on board effectiveness. They explore the importance of clear disclosures, board quality red flags, and the ways in which Mastagni and other investors interact with and influence boards.Host: Marcel Bucsescu, NACD vice president of strategic engagementGuest: Aeisha Mastagni, senior portfolio manager in the Sustainable Investment and Stewardship Strategies unit, California State Teachers’ Retirement System; chair, Council of Institutional Investors; chair, Golden 1 Credit UnionRelated NACD Resources:Building Long-Term Value: Insights from Leading InvestorsThe Importance of Investor Relations to the BoardVisit nacdonline.org for further research and information.

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