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  • 05 Apr 2016
  • First Look

April 5, 2016

the recent launch of his new, $6 billion closed-end vehicle, Pershing Square Holdings, as well as the firm's lengthening investment horizon. Although always activist in nature, Ackman and his fund had in recent years become substantively... View Details
Keywords: Sean Silverthlorne
  • 07 Dec 2010
  • First Look

First Look: Dec. 7

most affected by proxy access, as measured by institutional ownership, lost value on that day. The value drop was 55 basis points for a 10 percentage point change in activist institution ownership. These results suggest that financial... View Details
Keywords: Sean Silverthorne
  • 30 Jan 2017
  • Research & Ideas

Vanguard, Trian And The Problem With 'Passive' Index Funds

“activist investors,” seeing typical activist funds more focused on short-term value creation than on the long term.) In the case of the diversified conglomerate DuPont, Trian identified a host of problems including a structure that... View Details
Keywords: by Michael Blanding; Financial Services
  • 09 Jul 2001
  • Research & Ideas

Does Misery Love Companies? How Social Performance Pays Off

groups, such as the Prince of Wales Business Leaders Forum, work in partnership with business, government, and community leaders to promote business models that emphasize the public good. Beyond government and NGOs, other parties put their money where their values lie... View Details
Keywords: by Joshua D. Margolis & James P. Walsh
  • 18 Oct 2016
  • First Look

October 18, 2016

diagnostic firm, is evaluating the offer made by Ron Zwanziger, the firm’s founder and former CEO, to acquire the company and take it private. The offer arrives at the end of a tumultuous year for the company, which saw Zwanziger fighting and ultimately losing a... View Details
Keywords: Sean Silverthorne
  • 09 Apr 2012
  • Research & Ideas

Who Sways the USDA on GMO Approvals?

significant controversy or uncertainty. In cases where there were protests by activists over a particular GMO, the researchers found that the overall percentage of approvals went down, but the degree to which a positive endorsement by... View Details
Keywords: by Michael Blanding; Food & Beverage; Biotechnology; Agriculture & Agribusiness
  • 22 Feb 2016
  • Research & Ideas

The ‘Mother of Fair Trade’ was an Unabashed Price Protectionist

fair trade activists were aware that these provisions lacked enforcement power. They needed the government on their side. So Gleason and Philip conducted a statewide survey of more than 1,200 California druggists, which tracked falling... View Details
Keywords: by Dina Gerdeman; Retail; Health; Legal Services
  • 05 Aug 2014
  • First Look

First Look: August 5

In mid-2012, Clairemont had invested nearly $75M in Yahoo! after the tech company settled a highly visible proxy fight with prolific activist investor Daniel Loeb of hedge fund Third Point. Since that time, Loeb and his colleagues had... View Details
Keywords: Sean Silverthorne
  • 20 Mar 2018
  • First Look

First Look at New Research and Ideas, March 20, 2018

case: https://cb.hbsp.harvard.edu/cbmp/product/817005-PDF-ENG Harvard Business School Case 118-045 Blue Harbour's Activism at Babcock & Wilcox The case describes Blue Harbour Group's investment in Babcock & Wilcox and its transformation into BWX Technologies.... View Details
Keywords: Sean Silverthorne
  • 22 Dec 2003
  • Research & Ideas

How to Build a Better Board

that corporate governance activists focus on things that can be seen from the outside. The reality is that what makes boards effective—and this is the point we make in the book over and over again—is the behavior of the directors inside... View Details
Keywords: by Martha Lagace
  • 08 Nov 2011
  • First Look

First Look: Nov. 8

the value of shareholder proxy access. We find that firms that would have been most vulnerable to proxy access, as measured by institutional ownership and activist institutional ownership in particular, lost value on that day. We also... View Details
Keywords: Sean Silverthorne
  • 01 Nov 1999
  • Lessons from the Classroom

What’s Next & So What? Leading in the 21st Century

with these messy, complicated sets of challenges. My focus for participants will be on questions such as: What is the role of activists in transforming organizations? What is the game plan for getting your action started? and, How do you... View Details
Keywords: by Staff
  • 16 Dec 2008
  • First Look

First Look: December 16, 2008

this offer. In light of this recent news, the two private equity firms had come back to the Board with a revised offer. Now the Board must decide if it thinks the new proposal will satisfy the institutional shareholders, one of which is an View Details
Keywords: Sean Silverthorne
  • 11 Oct 2017
  • Research & Ideas

The House Wants to Squelch Voices of ‘Small’ Shareholders. Research Shows Those Voices Matter.

proposals that are actually viewed as legitimate by the majority of the firm’s shareholders. For example, in 2011, activist investor Ken Steiner issued a proposal to allow Allstate Corp. shareholders to act via written consent rather than... View Details
Keywords: by Carmen Nobel
  • 22 Sep 2003
  • Research & Ideas

How Businesses Can Respond to AIDS

Asia: Building Sustainable Partnerships," held September 4 and 5, brought together over seventy participants from business, government, non-governmental organizations, and activist groups to share experiences and offer a strong... View Details
Keywords: by Martha Lagace
  • 12 Sep 2016
  • Research & Ideas

What Brands Can Do to Monitor Factory Conditions of Suppliers

poor conditions exposed. In other words, the more concerned they are, the more likely they have more incentives to maintain better conditions. “Press freedom empowers journalists and labor activists to investigate and publicize poor... View Details
Keywords: by Michael Blanding
  • 23 May 2019
  • Book

These Entrepreneurs Take a Pragmatic Approach to Solving Social Problems

in the HBS community of the true meaning of the School’s mission to educate leaders who make a difference in the world. Stevenson: There’s no avoiding the negative press that business people get daily, sometimes deservedly, which often overshadows the many more... View Details
Keywords: by Dina Gerdeman; Green Technology
  • 01 Dec 2015
  • First Look

December 1, 2015

https://cb.hbsp.harvard.edu/cbmp/product/816051-PDF-ENG Harvard Business School Case 916-404 Novell (A): When an Activist Hedge Fund Came Calling on the Board No abstract available. Purchase this case:... View Details
Keywords: Sean Silverthorne
  • 13 Oct 2010
  • First Look

First Look: October 13, 2010

for Pentax into a hostile cash tender offer. A surprising sequence of events had caused a friendly merger agreement to fall apart, resulting in a boardroom coup at Pentax and the intervention of the Sparx Group, an indigenous activist... View Details
Keywords: Sean Silverthorne
  • 02 Jan 2018
  • First Look

First Look at New Research and Ideas, January 3, 2018

https://www.hbs.edu/faculty/Pages/item.aspx?num=53646 January–February 2018 Harvard Business Review The New CEO Activists By: Chatterji, Aaron K., and Michael W. Toffel Abstract—Though corporations have been lobbying the government and... View Details
Keywords: Sean Silverthorne
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