Transactions
Apr. 3, 2015
Does an activist have a conflict of interest?
Controversy is brewing about whether stockholder activists and their representatives on the board have a conflict of interest in certain instances. By Scott Anthony
A controversy is brewing about whether stockholder activists and their representatives on the board have a conflict of interest when they advocate measures that would increase the value of the company's stock in the short run.
The issue has surfaced publicly in the discussion of the compensation structure established for investor Harry J. Wilson by a consortium of hedge fund investors in connection with his bid to join the board of ...
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