Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism
| Author | : | |
| Rating | : | 4.46 (615 Votes) |
| Asin | : | B00YMUODKM |
| Format Type | : | |
| Number of Pages | : | 575 Pages |
| Publish Date | : | 2016-04-09 |
| Language | : | English |
DESCRIPTION:
Jeff lives in Brooklyn, New York, with his wife and two children. . Jeff Gramm runs a hedge fund and has served on several public company boards of directors. He is an adjunct professor at Columbia Business School, where he teaches value investing
A sharp and illuminating history of one of capitalism’s longest running tensions—the conflicts of interest among public company directors, managers, and shareholders—told through entertaining case studies and original letters from some of our most legendary and controversial investors and activists.Recent disputes between shareholders and major corporations, including Apple and DuPont, have made headlines. Each is a fascinating example of capitalism at work told through the voices of its most colorful, influential participants.A hedge fund manager and an adjunct professor at Columbia Business School, Gramm has spent as much time evaluating CEOs and directors as he has trying to understand and value businesses. While he pays tribute to the ingenuity of public company investors, Gramm also exposes examples of shareholder activism at its very worst, when hedge funds engineer stealthy land-grabs at the expense of a company’s long term prospects. He has seen public companies that are poorly run, and some that willfully disenfranchise their shareholders. Mixing
Smith Chairman & CEO FedEx Corporation Frederick W. Dear Chairman is an important, interesting, and insightful history.” (Frederick W. Securities and Exchange Commission)“When major shareholders get actively involved, how do they think about companies and their value? Jeff Gramm breaks new ground in a book which is exciting, wise, well-written, and above all else instructive and useful.” (-Tyler Cowen, New York Times bestselling author of The Great Stagnation, professor of economics George Mason University)“This is a rare book, masterful in both technical understanding and in n
Activist investor or not, this is one book I would put on your reading list Amazon Customer I thought it might end up being a little dry. I was wrong. It is a very captivating book, and I have a hard time putting it down. It gives some really good insight into the activist investor groups and the boardrooms they deal with. No wonder so much of corporate america is messed up. This is a good read for anyone thinking of investing, to help give you more insight to how any board functions If you are thinking of being a mini-activist, this book would be a good read also. Boardrooms beware-With more good books like this to learn from, it is only a matter of time before the everyday stockholders start causing you to take notice. Elegant book idea, mixed bag for the reader I found the book strong on the facts and sequence of events in each chapter. Along the way the author develops a rich framework for thinking about corporate governance. At the same time, reading sometimes felt like a chore. I found myself wanting a stronger narrative voice. It felt like the author was in the weeds at times and some chapters seemed to lose momentum and direction.Regarding design: This book only uses a slight indent for text of the letters, with no difference in font or size. A different font would help differentiate the letters from commentary.With a stronger narrative voice, a careful edit and a redesign, I could imagine . "Fun to read, no matter your goal is to become CEO or investor" according to Qianjun. I purchased this book hoping to provide me insight of how to run big corporations. I thought shareholder activism is a boring topic, and didn't expecting much about the book. I began reading on my train ride, page by page, I found I couldn't put this book down, as author Jeff Gramm explained about the background and purposes of these letters I was intrigued and fascinated. I soon realized why Jeff Gramm is so good at explaining such a dry topic in such engaging manner: as a fund manager Jeff is living such experience, he began his financial career later in life, thus he had to learn how to simplify a complicated matter -- unlike most of f