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 Dabney, Executive Director, The Conference Board Governance Center

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 areas of corporate governance and sustainable value creation. Prior to joining The Conference Board, Donna was Vice President, Corporate Secretary and Corporate Governance Counsel of Alcoa Inc. and she participated for over 15 years in board and committee meetings of Alcoa and Reynolds Metals Company. As part of her work with the Alcoa Board of Directors, she gained experience with sustainable development in the Amazon region of Brazil. Donna is a member of the board of directors of American Forests, the oldest national conservation organization in the U.S., the New York Advisory Board of the Society of Corporate Secretaries and Governance Professionals and previously served on the board of a public/private consortium promoting development in Richmond, Virgina.



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2 Responses to “Do Activist Investors Create Long Term Shareholder Value?”

  1. […] it last weekend, Donna Dabney, Executive Director of the Governance Center at The Conference Board posted this November 14th presentation by  Dr. Yvan Allaire presented at the Annual Meeting of The Conference Board Governance Center. […]

  2. […] it last weekend, Donna Dabney, Executive Director of the Governance Center at The Conference Board posted this November 14th presentation by  Dr. Yvan Allaire presented at the Annual Meeting of The Conference Board Governance Center. […]

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