Many CEOs have different perspectives on whether their Board needs an activist. In many cases, CEOs often believe their team is smarter and more knowledgeable than any activist could be, while others may discover the secret to success by putting an activist on their Board.
In her most recent blog, Paula Loop, Leader of PwC’s Center for Board Governance, examines whether every Board should have an activist. Based on her conversations with CEOs, she outlines two differentiating views on whether an activist is important for a Board from a corporate governance standpoint.
Read the full report here.