Zendesk Inc investors rejected a proposed takeover of SurveyMonkey parent Momentive Global (MNTV.O), so it has terminated the merger agreement.”While we were excited by the potential of this transaction to transform the customer experience and create stockholder value, we respect and appreciate the perspectives of our stockholders,” Zendesk founder and Chief Executive Officer Mikkel Svane…
Tag: shareholders
Five myths about shareholders — Christopher Marquis
Cornell professor Christopher Marquis writes this week’s “Five Myths” column in The Washington Post. We don’t agree with all of his points; most important, we believe that there is no trade-off of profitability in managing risk by incorporating sustainability concerns, and we note that most American workers are “small shareholders” via retirement plans, 401(k)s, or…
Shareholders Are Not the Problem
Susan Holmberg has a sincere, thoughtful, but occasionally misguided new paper, Economic Inclusion, Finance, and Wealth. The ideology of “shareholder primacy”—the belief that businesses function solely to profit and “maximize value” for shareholders—has had a profound and toxic effect on our economy. Corporate executives used to, in large part, manage companies for the long term,…
ValueEdge Advisors 