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"While shareholders can be disciplinarians who right the wrongs of abusive directors," writes...

"While shareholders can be disciplinarians who right the wrongs of abusive directors," writes Jill Priluck on Reuters, "many boardroom activists advance some of the most destructive short-term thinking in business today," with companies "at the mercy of a small group of highly engaged investors who want quick results."
Comments (2)
  • The blog by Jill Priluck was poorly written--no facts, just a link to a law firm article about the dark side of shareholder activism that took too long to load. Shareholder activism may indeed have a dark side but I'll never know after reading her blog post. She could have done better.
    14 Apr 2013, 12:19 PM Reply Like
  • As with many phrases there has been semantic debasement of the term "shareholder activism". Once the phrase meant a grass roots campaign for better corporate governance and greater adherence to the duty of care while enhancing the wealth creating capacity of the business..
    Now it means Big Money engaged in an insidious form of corporate squeezing that is the functional equivalent of greenmail or coerced asset stripping at the direct expense of sustained wealth creation. .
    14 Apr 2013, 05:43 PM Reply Like
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