Controlling the Dark Side of Relational Investing

Authors

Edward B. Rock, University of Pennsylvania Law School

Abstract

This season's candidate for shareholders' champion is the "relational investor." If only more investors would take large positions and then carefully and patiently work with managers to maximize long-term value, corporations would thrive, takeovers would be unnecessary, and we would grow rich or at least richer. Others have focused on the possibilities and patterns. In this Article, I focus on some of the problems.

Disciplines

Law | Law and Economics | Securities Law

Recommended Citation

Edward B. Rock, Controlling the Dark Side of Relational Investing, 15 Cardozo L. Rev. 987 (1994).
Available at: https://larc.cardozo.yu.edu/clr/vol15/iss4/6