Activist investors and implications for corporate governance: A case study of Barington Capital Group and L brands

Download This Article

This work is licensed under a Creative Commons Attribution 4.0 International License.

Abstact

The key research question of this paper is to explore the implications for both financial and corporate governance performances from the emergence of activist investors. This paper uses a case study of one specific activist investor’s role, Barington Capital Group, in analyzing the public company, L Brands (Barington, 2019; Haigh, 2019). In conclusion, this activist investor’s approach and recommendations in this case study could be used as operational guidelines by boards of directors and corporate executives for improving both their financial and corporate governance performances

Keywords: Activist Investors, Zeitgeist, Corporate Governance, Barington, L Brands

JEL Classification: G3, G30

Received: 24.04.2019
Accepted: 05.06.2019

How to cite: Grove, H., & Clouse, M. (2019). Activist investors and implications for corporate governance: A case study of Barington Capital Group and L brands. In S. Esposito De Falco, F. Alvino, & A. Kostyuk (Eds.), New challenges in corporate governance: Theory and practice (pp. 21-23). https://doi.org/10.22495/ncpr_3