Shareholder Activism: Beyond Short-term and Long-term Implications
Friday, October 28, 2022
11:00 am - 12:15 pm (Central)Webinar (link provided upon registration - https://uwm.edu/business/forms/rsvp-shareholder/)
Shareholder activism has grown in power and prominence, generating a wide spectrum of demands to corporate executives and directors -- from board seats, restructuring, and stock buybacks, to addressing environmental, social, and governance (ESG) issues. Reactions to shareholder activism have been similarly diverse: perceived by some as entrepreneurial investors remedying the impact of disperse or disinterested shareholders, and by others as "hit-and-run activists whose goal is to force an immediate payout." Shareholder activism has raised the questions: Can Wall Street save the world? and, in particular, What is the relationship between shareholder activism and financial performance and sustainability?
About the Speaker
Mark DesJardine is Associate Professor of Business Administration at Dartmouth College's Tuck School of Business. He is a CFA charterholder and focuses on issues related to strategy, sustainability, and finance, with a specific focus on shareholder activism. His primary focus is on understanding how investors shape the sustainability of companies and their actions toward other stakeholders. Through his research, Dr. DesJardine helps managers and shareholders better navigate complex issues related to business strategy and sustainability. His work has been widely published in leading academic journals and covered in the media, including Reuters, the New York Times, Bloomberg, Forbes, and the Financial Times. He has won numerous awards for his research, including multiple best-paper awards and emerging-scholar awards, most notably for research impact. Dr. DesJardine serves on the editorial boards of several top academic journals and as associate/program chair of the Stakeholder Interest Group of the Strategic Management Society.Link to register: https://uwm.edu/business/forms/rsvp-shareholder/