tag:blogger.com,1999:blog-1527840491496268397.post3307122966524491137..comments2024-03-08T11:20:30.095-07:00Comments on Credit Bubble Stocks: Review of Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism by Jeff GrammUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1527840491496268397.post-25923026548840975862016-09-22T13:01:38.365-07:002016-09-22T13:01:38.365-07:00"I can get detailed box scores from decades-a..."I can get detailed box scores from decades-ago college football games, but finding a 1975 annual report from a midsize company is surprisingly difficult."<br /><br />http://www.newyorker.com/magazine/2016/09/05/jeff-gramms-dear-chairman-boardroom-battles-and-the-rise-of-shareholder-activismCPnoreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-5242053800945052812016-08-17T10:15:46.957-07:002016-08-17T10:15:46.957-07:00Neither the formal structure nor the history of th...<i>Neither the formal structure nor the history of the large public corporation suggests that it exists primarily to do the will of shareholders. Though shareholders are called owners, they have nothing like the rights or privileges of real owners: no inside knowledge of the firm and no practical say in most decisions. It takes astonishing effort for a popular shareholder movement to wrest control from current management. Such movements, even when they succeed, are almost never sustained. In the face of this de minimis sort of ownership, it requires an assertive force in the culture to sustain the idea that corporations are anything like “pass-throughs”–insubstantial vehicles of financial convenience assembled to manage the cycle of invest, produce, return-earnings-to-investors.</i><br /><br />http://www.advisorperspectives.com/commentaries/whitebox_051514.php?channel=Practice%20ManagementCPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-84231366917471986632016-07-20T12:23:30.620-07:002016-07-20T12:23:30.620-07:00Lots of governance problems at small companies.
h...Lots of governance problems at small companies.<br /><br />http://www.oddballstocks.com/2016/07/sitestar-shows-anything-is-possible.htmlCPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.com