Interview With Jeff Gramm Author Of Dear Chairman
Today, activist investors split opinions. Many believe that activists are only in it for the money and look for profit at the expense of ordinary shareholders. While others support activists, believing that are needed to goad complacent boards into action, get directors off the golf course and back in the office.
The struggle between management and those who own stock has been going on for nearly a century, and Jeff Gramm has documented the history of one of capitalism’s longest running tensions, in his new book, Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism.
Jeff Gramm, a hedge fund manager and an adjunct professor at Columbia...