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The Real Reason CEOs Don’t Like Activist Investors

Harvard Business Review

When executives complain about activist hedge funds, it’s often under the cover of short-termism. Keusch looked at the impact of activist hedge funds from 1994 to 2012, to see what impact they had on management. That view isn’t well supported by the evidence.

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?Numbers Show Apple Shareholders Have Already Gotten Plenty

Harvard Business Review

9, armed with about 1% of Apple’s outstanding stock, the hedge-fund activist published an open letter to Apple CEO Tim Cook, urging him to accelerate the company’s stock repurchases by making a tender offer. Another hedge-fund activist, David Einhorn, was then playing that role). Carl Icahn is at it again.

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Greece’s Problem Is More Complicated than Austerity

Harvard Business Review

This is where the July 2012 memorandum of understanding between Greece and the Troika (the International Monetary Fund, European Central Bank, and the European Commission) failed miserably; the previous government, much like Syriza, wanted to preserve the status quo. It isn’t only the branded pundits who are neglecting these issues.

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3 Ways to Get Your Own Digital Platform

Harvard Business Review

Organizations that manage digital networks (we call them network orchestrators) are different from traditional product and service providers. Starbucks invested in and partnered with Square in 2012 to bring mobile payment systems into its stores using Square’s Wallet app.

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Should Tim Cook Care About a 10% Stock Drop?

Harvard Business Review

2012) to $385 (last April) — a difference of almost $300 billion in market capitalization — and back up to $555 before this latest earnings report. Apple Disruptive innovation Finance' This kind of sharp price movement on seemingly modest news is not a new or isolated occurrence for Apple.

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Six Strategy Insights RIM's New CEO Can Use

Harvard Business Review

Part of the problem is that the industry is still moving at warp speed, and the company has dwindling resources to deploy against innumerable innovation challenges. Is it Apple's consumer appeal, or the declining influence of corporate IT managers? Identifying a clear destination Big companies often hate to make choices.

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Clinton’s Proposals on Stock Buybacks Don’t Go Far Enough

Harvard Business Review

But that will not in any way deter hedge-fund activists from demanding that companies do stock buybacks so that they can time their stock sales to take advantage of short-term, buyback-induced, stock-price boosts. It has spent almost $90 billion on buybacks and almost $33 billion on dividends from 2012 through the third quarter of 2015.