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Beware of Short-term Management, Not the Short-term Investor

Harvard Business Review

Much has been made in recent years about the pernicious influence of short-term investors on corporate performance. I believe these arguments often miss a nuance: It is not the short-term investor but short-term management that is the problem. Indirectly though, these short-term traders can destroy value.

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An Activist Investor Lands in Your Boardroom — Now What?

Harvard Business Review

Contrary to the adverse experience of some governing boards, activist investors can actually prove to be a leadership asset on the board rather than a disruptive force—providing the boardroom is well-managed and led. In doing so, activist investors are not just benefitting from a company’s leadership.