By David Benoit
THE WALL STREET JOURNAL - Dec 26, 2015
The famed activist investors of today are fine-tuning 400-year-old tactics.
Shareholder fights with management stretch back all the way to the
very first publicly-traded company, The Dutch East India Co., when
shareholders tried to fight against a restructuring in the 1622.
The dissident investors, who had little control over how the company
was run, used published pamphlets to court public opinion and campaigned
for a say in who became directors, arguing the structure of the firm
resulted in conflicts of interest.
The shareholders eventually won rights they hadn’t had before. And pockets of shareholder uprisings have occurred ever since.
READ MORE....
TalktoGiantFoods
ReplyDeleteTalktoGiantFoods