The Transition From the Corporate Raider to the Shareholder Activist

A few decades ago, the so-called shareholder activists of today were considered corporate raiders. Carl Icahn, a seasoned shareholder activist, was just one of the investors deemed to be a corporate raider through the 1970s and 1980s. What was seen back then as a negative force, is now starting to be seen as more of a positive force for the future of big corporations, sometimes unlocking very significant amounts of shareholder value. ..»