Activist Investors Are Shaking Up Business Schools, Too – WSJ

In 2006, when Harvard Business School professor Robin Greenwood first taught a case study on a 2005 campaign by activists Barry Rosenstein and Carl Icahn against oil-and-gas firm Kerr-McGee Corp., “the overwhelming sentiment in the room was that activist investors were harassing the company and they’re just in it to make a short-term buck,” Mr. Greenwood said.

Now, he said, “a larger portion of students come in with the perspective of the activist,” with students quickly pointing out mismanagement, such as misallocation of resources or underused assets.

via Activist Investors Are Shaking Up Business Schools, Too – WSJ.

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