Harvard Business Review

DECEMBER 1, 2011

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.

Short-term 14

Short-term Hostile Takeover Long-term Management 14

Harvard Business Review

SEPTEMBER 12, 2014

As the authors put it, “any leader with a long view understands that business has a profound stake in the prosperity of the average American.”. A half-century ago, CEOs typically managed companies for the benefit of all their stakeholders – not just shareholders, but also their employees, communities, and the nation as a whole.

Hostile Takeover 8

Hostile Takeover Education CEO Class 8

Harvard Business Review

JANUARY 21, 2014

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. It was the directors’ decision to make, but it was one helped to catalyze into reality by Carl Icahn.

Hostile Takeover 8

Hostile Takeover Chief Financial Officer Due Diligence Charan 8