To Higher Rate Of CEO Turnover � Win Or LoseLeadsTo Higher Rate Of CEO Turnover � Win Or Lose

a corporation ’s behaviorcan influencea corporation ’s behavior

a company ’s decisions by exercising their rights as owners is on the riseinfluencea company ’s decisions by exercising their rights as owners is on the rise

myriad responses from corporate boards and management.[36has promptedmyriad responses from corporate boards and management.[36

small changes in target firms ’ governance structures ... but has negligible impact on share values and earnings “ ( Karpoff 2001can promptsmall changes in target firms ’ governance structures ... but has negligible impact on share values and earnings “ ( Karpoff 2001

their decision to divest some of their assetsinfluencedtheir decision to divest some of their assets

major wins for progressiveshas sparkedmajor wins for progressives

deal makingto influencedeal making

positive changecreatingpositive change

to increase shareholder value long term as positive's designedto increase shareholder value long term as positive

to a change in management and a takeover - or at least the anticipation of it ... as potential upsides making the risk - reward of a short position not attractive any moreleadingto a change in management and a takeover - or at least the anticipation of it ... as potential upsides making the risk - reward of a short position not attractive any more

to positive changes in a companycan leadto positive changes in a company

the company in the wake of its downturnwill influencethe company in the wake of its downturn

to continue in energy sector Global Credit Researchsetto continue in energy sector Global Credit Research

one might argue(passive) has been prompted byone might argue

headlines every dayis creatingheadlines every day

to management change or a takeovermay leadto management change or a takeover

their most recent decision to divest , the highest level of any sectorinfluencedtheir most recent decision to divest , the highest level of any sector

their decision to divest LONDON , March 3 , 2015influencedtheir decision to divest LONDON , March 3 , 2015

their decision to divest ey.com/divest9 hoursinfluencedtheir decision to divest ey.com/divest9 hours

their decision to divest ey.com/divest6 hoursinfluencedtheir decision to divest ey.com/divest6 hours

with religious and socially responsible investors in the United Statesoriginatedwith religious and socially responsible investors in the United States

to investments in companies whose policies and procedures you want to changeleadsto investments in companies whose policies and procedures you want to change

to a change of management , and not improved governanceleadingto a change of management , and not improved governance

to more changes ahead and reiterates its Positive rating and $ 10 price targetwill leadto more changes ahead and reiterates its Positive rating and $ 10 price target

in improved company operations and capital allocationhas resultedin improved company operations and capital allocation

to improve the internal controls of a public companydesignedto improve the internal controls of a public company

a substantial turnover in a company ’s shareholder compositioncan also createa substantial turnover in a company ’s shareholder composition

companies ’ practice from the position of investorto influencecompanies ’ practice from the position of investor

companies to disclose more information on paywas promptingcompanies to disclose more information on pay

to a wholesale management change or even a buyoutmight leadto a wholesale management change or even a buyout

to increases in corporate value , output and performancehas ledto increases in corporate value , output and performance

Unique Challenges for Smaller Companies Chapter 29CreatesUnique Challenges for Smaller Companies Chapter 29

an unintended consequence ... an even greater likelihood that executives will focus on delivering short - term results at the expense of strategies that create long - term shareholder valueis creatingan unintended consequence ... an even greater likelihood that executives will focus on delivering short - term results at the expense of strategies that create long - term shareholder value

any greater concern in the boardrooms of New Zealand companies than it does in any other jurisdictionscausingany greater concern in the boardrooms of New Zealand companies than it does in any other jurisdictions

added value through management changes and property salesto createadded value through management changes and property sales

companies to become more strategic in dealing with activist demands ... though investors are also viewed as better suited to combat opposition against their campaignspromptedcompanies to become more strategic in dealing with activist demands ... though investors are also viewed as better suited to combat opposition against their campaigns

chaos for a company ’s management ... and the law provides some protection for entrepreneurs seeking growth capitalcan createchaos for a company ’s management ... and the law provides some protection for entrepreneurs seeking growth capital

shakeups or restructurings at such companies as Sears , Westinghouse Electric , and Eastman Kodakcausedshakeups or restructurings at such companies as Sears , Westinghouse Electric , and Eastman Kodak

to no statistically significant improvement in performance of the companies concerned ( Smith , 1996ledto no statistically significant improvement in performance of the companies concerned ( Smith , 1996