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  • Fracturing social networks among business elites empower shareholder activism

    Photo of U. of I. labor professor Richard Benton

    Activist investors have become increasingly successful in agitating for change in publicly held companies, and there’s little that business elites can do to rebuff their influence, says research from U. of I. labor professor Richard Benton.

    Photo by L. Brian Stauffer

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  • Editor’s notes: To contact Richard A. Benton, call 217-265-5121; email rabenton@illinois.edu.

    The paper “The Decline of Social Entrenchment: Social Network Cohesion and Board Responsiveness to Shareholder Activism” is available online.