This case outlines the takeover attempt by activist investor, Carl Icahn, for the Clorox Company. The board of the company repeatedly rejected Icahn's offers as inadequate. He made three bids over the course of three months. Learning Objective: To allow students to explore the board's responses...

The remuneration committee at Shell decided to exercise their discretionary power to award five top executives a bonus for 2008, even though they had not met the necessary performance measures under the compensation plan. Proxy advisers RiskMetrics and the British Association of Insurers advise...

Mark Hurd resigned as the CEO of Hewlett Packard in 2010 after the board discovered that he had misfiled expense reports and paid an H.P. contractor for unsubstantiated work. After Hurd left H.P., he joined Oracle, an H.P. competitor. Soon thereafter, the H.P. board appointed a new CEO following...

Dow completed the acquisition of Rohm and Haas and escaped a battle in a Delaware courtroom.Learning Objective:Enable students to understand the board and management's role in an extremely complex transaction

Dow's board and management team worked on arranging appropriate financing to complete the acquisition of Rohm and Haas. Meanwhile, the board of Rohm and Haas filed suit against Dow after it delayed the completion of the acquisition.Learning Objective:Enable Students to understand the board and...

The global economy entered a crippling recession in the fourth quarter of 2008 and Dow lost its primary source of funding for its planned acquisition of Rohm and Haas.Learning Objective:Enable students to understand the board and management's role in an extremely complex transaction

The Dow Board made a bid for Rohm and Haas Company in order to transition its portfolio away from commodity chemicals towards specialty chemicals.Learning Objective:Enable students to understand the board and management's role in an extremely complex transaction