Academics at Arizona State University discovered from an analysis of shareholder proposals at Fortune 1000 companies between 2003 and 2013 that female CEOs had a 27% likelihood of facing activism. Their male counterparts, however, had a near zero chance of being targeted.
Explanations could include the possibility that shareholders perceive females CEOs as either being a threat to their investments, or easier to boss around, according to Christone Shropshire, an associated professor of management at the college.
“Female leadership is often stereotyped as interactive, collaborative and engagement-orientated, while male leadership is typically categorized as authoritative and powerful,” Shropshire said in a statement.
Recent high-profile targets of shareholder activism include Yahoo CEO Marissa Mayer and Pepsi CEO Indra Nooyi.
Only around 4% of S&P 500 companies are currently run by women.
To be sure, research suggests they tend to be picked when a company is already struggling in a phenomenon known as the “glass cliff”.
And companies in difficulty are far more likely to be targeted by activist investors.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
