Activism, Short-Termism and Corporate Governance: Issues for Silicon Valley Companies

Phone: 650.723.2465
Fax: 650.725.0253

Name: Activism, Short-Termism and Corporate Governance: Issues for Silicon Valley Companies
Start: 2017-04-20T07:30:00-07:00
End: 2017-04-20T09:30:00-07:00
Location: @ SLS: Room 190

April 20, 2017 @ 7:30 am - 9:30 am PDT
@ SLS: Room 190

This event has passed.

The Rock Center and SVDX present Coping with Uncertainties of a Networked World

7:30 – 8:00am – Continental Breakfast
8:00 – 9:30am – Program
Room 190, Stanford Law School

Silicon Valley companies continue to be the leading target for shareholder activists. Directors of some Silicon Valley companies believe these activists are too short-term focused, while some institutional investors believe the activists create value for all shareholders. One response to the growth of activism has been the adoption by some high-profile tech companies of multi-class stock, as seen in Snap’s recent IPO. Another response to the perceived growth of short-termism in the market has been a movement by several large institutional investors for more independent and diverse boards who will engage more directly with investors and focus more on long-term value creation rather than short-term results. This panel of experts will present arguments on all sides regarding how these corporate governance issues may affect Silicon Valley companies.