Corporate boards have long used such techniques as poison pills and anti-greenmail to stave off hostile outsiders. But shareholders’ organizations say such anti-takeover techniques are really meant to protect bad executives. Wharton finance professor Andrew Metrick and two colleagues examine which side has the better claim.
Content: Article
Source: Knowledge@Wharton
Subjects: Corporate Governance, Finance
Industry: Investing
Source: Knowledge@Wharton
Subjects: Corporate Governance, Finance
Industry: Investing
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