Activist Hedge Funds, “Golden Leash” Special Compensation Arrangements, and Advance Notice Bylaws
The Conference Board,
2015
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Activist investors are increasingly making their presence felt in corporate boardrooms. In fact, some of them, like Bill Ackman and Carl Icahn, are in the news more often than the CEOs of the companies they target. Activist shareholders seek to institute changes to a firm, including to its direction, philosophy, stock price and dividend policy. In this compelling examination, professor Jason D. Schloetzer details specific examples of hedge fund activism, the tools these investors used and their results. getAbstract suggests this noteworthy report to investors and executives.
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About the Author
Jason D. Schloetzer is an associate professor of accounting at Georgetown University.
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