Document Type

Article

Publication Title

Cardozo Law Review

Abstract

This season's candidate for shareholders' champion is the " relational investor." If only more investors would take large positions and then carefully and patiently work with managers to maximize long-term value, corporations would thrive, takeovers would be unnecessary, and we would grow rich or at least richer. Others have focused on the possibilities and patterns. In this Article, I focus on some of the problems.

First Page

987

Volume

15

Publication Date

1994

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