Value Based Management - A Poison Pill Against Activist Investors
2/26/2015
Activist investors have been lauded and criticized by many. The Economist magazine recently published a special report on these investors, dubbing them the saviors of capitalism. Yet many CEOs dread the moment they will pick up the phone and an activist will be on the other end asking for more share -buybacks, spin-offs of subsidiaries, or disinvestments.