Why activist shareholders travel in packs

Have you ever wondered why activist shareholders travel in packs? It’s because they are significantly less effective alone—just like any other minority on a board. Activists (often hedge funds) accumulate a position in a stock because they want to make…

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How to fire a CEO

Let’s face it, CEOs get fired all the time. CEOs with less than 5 years of experience are more likely than the long standing ones to be fired (as found in the University of Miami business school study) so it’s…

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