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Chief Justice Leo Strine of the Delaware Supreme Court recently suggested that public companies should become benefit corporations, and that institutional investors should support the switch
A few interesting items: Item 1: Activism and Boards This new study from the IRRC and ISS provides comprehensive data on board refreshment activity in the wake of… Read more “Shareholder Activism, Democratic Data, Public Markets and A Thousand Points of Light”
In an article discussing Whole Food’s recent sale to Amazon, and the shareholder activist campaign that preceded it, I suggested that benefit corporations might prove… Read more “A Vaccine for Short-Termism?”
Shareholder activism is everywhere. In May, hedge fund Jana Partners pushed Whole Foods Market to overhaul its board, fix its operations and pursue “all avenues to shareholder… Read more “Benefit Corporations In the Age of Shareholder Activism”