Activist shareholders try new tactics

Eric Talley interviewed by KPCC AirTalk, February 25, 2013

“One of the degrees of the heterogeneous nature of a shareholder is the extent to which they care—or are willing to trade off—maybe the quarterly bottom line against investments in carbon efficiency, or other sorts of social goals. There is a sense that in California, many shareholders—particularly within the institutional community, pension funds, and so forth—have greater degrees of weight that they place on some of those other social goals alongside profitability.”