Dear Chairman

Dear Chairman

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Gramm, Jeff HarperCollins Publishers, 2015
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IN THIS SUMMARY

Owning stock in a public company is often thought of as a passive activity. However, it does not have to be. Through their votes, shareholders have the power to decide how their companies will be managed and by whom. In Dear Chairman, hedge fund manager Jeff Gramm explores the evolution of shareholder activism in corporate America. Framed around eight historic shareholder interventions, the book illustrates the different techniques investors can employ to influence a company's board of directors. Gramm argues that by engaging in shareholder activism, investors can direct companies toward the best business decisions possible while also improving the value of their shares.