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Source: The Conference Board Governance Center, December 12, 2014 posting and video


The Conference Board Governance Center Blog

DEC
12
2014

Do Activist Investors Create Long Term Shareholder Value?

By Donna Dabney, Executive Director, Governance Center, The Conference Board

There is almost daily coverage of activists investors in the media. And while several narratives have taken hold, little has been done in the way of stepping back to look at the aggregate impact that activism is having on our economy. As Larry Fink of BlackRock noted at this week’s DealBook Conference, “We need to start focusing on wages and focusing on long term solutions instead of things like activism and other things like that that destroy jobs.”

Recently, we have been asking what the aggregate impact of the documented rise in activists interventions this year has been. On November 14, Dr. Yvan Allaire presented at the Annual Meeting of The Conference Board Governance Center on his work on that question. His talk was titled Do activist interventions create long term shareholder value? Here is a video of Dr. Allaire’s full remarks.

About the Blogger:

Donna Dabney, Executive Director, The Conference Board Governance Center

 

Donna has extensive experience in corporate governance matters, having served as a member of management for over 15 years on the boards of Alcoa and Reynolds Metals Company. She is a recognized expert on governance issues related to executive compensation. As part of her work with the Alcoa Board of Directors, she has gained substantial experience with sustainable development in the Amazon region of Brazil.Donna Dabney joined The Conference Board as Executive Director, Governance Center, in August, 2012. In her current position, Donna leads The Conference Board’s efforts in the area of Corporate Governance. Prior to joining The Conference Board, Donna was Vice President, Corporate Secretary and Corporate Governance Counsel of Alcoa Inc.

Donna is a member of the New York Advisory Board of the Society of Corporate Secretaries and Governance Professionals, the Stockholder Relations Society of New York, and she is a member of the faculty of the Citadel Directors Institute and of the Practicing Law Institute.

 

 

 

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