Activist shareholders have become more strident in their efforts to release the value they believe exists in the businesses in which they invest. Academic Jillian Popadak looks at the impact of such shareholder governance, which focuses more on hard returns and less on the softer aspects of corporate culture, such as customer focus. Her intriguing research provides some balancing perspective that getAbstract believes will benefit business executives, academics and investors.
In this summary, you will learn
- What shareholder governance entails,
- How it affects a business in the short and long runs, and
- How a company’s culture has an important impact on its performance.
About the Author
Jillian Popadak is an assistant professor at Duke University’s Fuqua School of Business.