Download Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism PDF EPUB
Author: Jeff Gramm
Pages: 320
Size: 2.390,85 Kb
Publication Date: February 23,2016
Category: Corporate Governance
A razor-sharp and illuminating background of 1 of capitalism’s longest operating tensions—the conflicts of interest among open public organization directors, managers, and shareholders—informed through entertaining case research and first letters from a few of our most legendary and controversial traders and activists.
Latest disputes between shareholders and main corporations, which includes Apple and DuPont, possess produced headlines.
Mixing never-before-published and rare, primary letters from Wall Road icons—which includes Benjamin Graham, Warren Buffett, Ross Perot, Carl Icahn, and Daniel Loeb—with masterful scholarship and professional insight, Dear Chairman traces the rise in shareholder activism from the 1920s to today, and a great and unprecedented perspective on what this means to become a public organization, including how they function and who’s really in charge. Ultimately, he offers a thorough, much-needed knowledge of the public company/shareholder romantic relationship for traders, managers, and everyone worried about the continuing future of capitalism. Throughout, he uses the letters showing how investors connect to directors and managers, how they consider their target businesses, and how they intend to revenue. While he will pay tribute to the ingenuity of general public company traders, Gramm also exposes types of shareholder activism at its extremely worst, when hedge money engineer stealthy land-grabs at the trouble of a organization’s long term potential customers.A hedge fund supervisor and an adjunct professor at Columbia Business College, Gramm offers spent as enough time analyzing CEOs and directors as he offers trying to comprehend and worth businesses. He has noticed general public companies that are badly run, plus some that willfully disenfranchise their shareholders. Each is usually a remarkable example of capitalism at the job informed through the voices of its many colorful, influential individuals.
Jeff Gramm analyzes different eras and pivotal boardroom battles from the last hundred years to comprehend the factors which have triggered shareholders and administration to collide. However the struggle between administration and the ones who own share has been heading on for pretty much a century.