Cleary Gottlieb and The Conference Board recently hosted the webcast “A Discussion on Long-Termism, Activist Hedge Funds and Staggered Boards”. The webcast was moderated by Doug Chia of The Conference Board Governance Center, and the panelists were:
- Arthur Kohn, Partner, Cleary Gottlieb
- Neil Whoriskey, Partner, Cleary Gottlieb
- Ken Bertsch, Executive Director, Council of Institutional Investors
- Professor Charles Elson, Weinberg Center at the University of Delaware
Topics discussed included:
- Whether or not activists are good (or not-so-good) for US public companies
- The history of staggered boards
- The role staggered boards play in discouraging – or attracting – activists
- The impact activism has on short- and long-term corporate performance
For access to the recording of the webcast, please click here.