Publications
Publications
- September 2007 (Revised September 2010)
- HBS Case Collection
ValueAct: Shareholder in the Boardroom
By: Jay W. Lorsch and Alexis Chernak
Abstract
ValueAct, a San Francisco investment firm, makes an investment in PerSe Technologies. The partners of ValueAct build relationships with the PerSe board and management. Eventually ValueAct is given a seat on the PerSe board and is able to influence a significant imprint in PerSe's performance.
Keywords
Governing and Advisory Boards; Investment; Business and Shareholder Relations; Financial Services Industry; San Francisco
Citation
Lorsch, Jay W., and Alexis Chernak. "ValueAct: Shareholder in the Boardroom." Harvard Business School Case 408-007, September 2007. (Revised September 2010.)