Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

A Member of the Law Professor Blogs Network

Wednesday, September 12, 2007

Harvard Business Study on Shareholder Activism Shows Mixed Results

According to a new study by a Harvard business school professor, activist shareholders boost stock prices when they persuade management to sell the company, but not in other cases.  For example, Carl Icahn's unssuccessful campaign to break up Time Warner did not result in shareholder gains although management effected a stock buyback and cost-cutting measures.  WSJ, When Investor Activism Doesn't Pay.

http://lawprofessors.typepad.com/securities/2007/09/harvard-busines.html

News Stories | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef00e54ef07b768834

Listed below are links to weblogs that reference Harvard Business Study on Shareholder Activism Shows Mixed Results:

Comments

Post a comment