Companies With “Insider” Chairperson Pay CEOs 42% More
In addition, S&P 500 CEOs who held both the chairperson and CEO slots were paid 29% more on average, says Institutional Shareholder Services.
Activist Fund Seeks Overhaul of Redbox Parent
Engaged Capital accuses the board of Outerwall of "speculative growth strategies, reckless capital allocation and poor corporate governance."
Top Lawyer Changes Tune on Activist Investors
Martin Lipton advises companies to meet with activists and avoid "drawn out" proxy battles.
Activist Shareholders Spawn Bondholder Risks, Moody’s Says
By demanding share buybacks and dividends, which are paid out of cash reserves, activists threaten debt repayments.
Investors Want More Disclosure on Director Qualifications
Are your board members the right people for the job? Prove it, investors are saying.
Activist Investors: More Targets, Lower Returns
In 2014, 344 companies were targets of activist shareholders, but the average activist fund returned only 4%, finds a new study.
Out of the Frying Pan …
Activist Carl Icahn pushes for governance changes at upcoming spinoffs from eBay and Gannett that would leave them vulnerable to takeovers.