The History and Evolution of Shareholder Activism

The transcript discusses the evolution of shareholder activism, highlighting the role of hedge funds and institutional investors. It contrasts past and present activism, focusing on figures like Carl Icahn. The discussion includes the influence of major institutions like BlackRock and the potential regulatory responses. The conversation also touches on political implications and the importance of market forces in rewarding well-governed companies.

How does the text describe the evolution of shareholder activism from the 1950s to the 1990s?

What are the implications of the changing dynamics in corporate governance as discussed in the text?

What is the significance of Carl Icahn in the context of hedge fund activism?