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Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism

byJeff Gramm

Investor and historian Jeff Gramm traces the evolution of shareholder activism through a series of revealing letters sent to corporate boards. From Benjamin Graham's campaigns to later battles involving institutional investors and hedge funds, the book shows how owners challenged entrenched management, weak governance, and poor capital allocation. Gramm reconstructs the personalities, strategies, and business conditions behind each confrontation, placing modern activism in a longer tradition. The result is both corporate history and a practical study of power: who controls a public company, what directors owe shareholders, and when an outsider can force meaningful change.

Publisher

HarperCollins Publishers

Publication date

2015

Format

Print edition

Pages

146

ISBN

9780062369833