- Home /
- DEAR CHAIRMAN - Boardroom Battles and the Rise of Shareholder Activism
DetailsSharp and illuminating history of one of capitalism’s longest-running tensions the conflicts of interest among public company directors, managers, and shareholders told through original letters from some of our most legendary and controversial investors and activists.Disputes between shareholders and major corporations make daily headlines. But the struggle between management and those who own stock has been going on for nearly a century. Mixing never-before-published original letters from Wall Street icons including Benjamin Graham, Warren Buffett, Ross Perot, Carl Icahn, and Daniel Loeb with masterful scholarship and professional insight, Dear Chairman traces the rise of shareholder activism from the 1920s to today, and provides an invaluable and unprecedented perspective on what it means to be a public company, including how they work and who is really in control.Gramm analyzes different eras and pivotal boardroom battles from the last century to understand the factors that have caused shareholders and management to collide. Throughout he uses the letters to show how investors interact with directors and managers, how they think about their target companies, and how they plan to profit. Each is a fascinating example of capitalism at work told through the entertaining voices of its most colorful, influential participants.A hedge fund manager and an adjunct professor at Columbia Business School, Gramm has observed public companies that are poorly run, and some that willfully disenfranchise their shareholders. He pays tribute to the ingenuity of public company investors, but also exposes examples of shareholder activism at its very worst. Ultimately, he provides a thorough, much-needed understanding of the public company–shareholder relationship for investors, managers, and everyone concerned with the future of capitalism.ABOUT THE AUTHOR: 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. Jeff lives in Brooklyn, New York, with his wife and two children.
SKU Code PRK B 2963 Weight in Kg 0.1500 Brand Bookwomb Dispatch Period in Days 3 ISBN No. 9780062369833 Author Name Jefferson Gramm Publisher Name HARPER BUSINESS