Management Turnover as Change Agent

Tuesday, January 22, 2008

Recommended Reading - Activist shareholder predicts banner year for rabble-rousing, IHT

According to a story by Dane Hamilton of Reuters in the International Herald Tribune activist shareholder and former SEC chairman Richard Breeden predicts a very busy 2008 for activist investors. If he is right, his prediction will also result in increasing pressure on CEOs with a probable increase in CEO turnovers that might not happen if not for activist shareholders. Only time will tell.

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