This Case is about CORPORATE GOVERNANCE
PUBLICATION DATE: February 22, 2010 PRODUCT #: INS229-PDF-ENG
Steel Partners Hedge Fund Activism in Japan case solution
Activist hedge fund Steel Partners got in Japan to take significant stakes in underperforming business and actively press for business modifications. Seven years subsequently on its takeover efforts continuance to be unsuccessful, warded off by poison-pill defences and cross-shareholdings. Whether business governance as a technique might operate in Japan looks significantly doubtful.