Led By: Emilie Feldman, Michael L. Tarnopol Professor, Professor of Management, The Wharton School
When three corporate icons—General Electric, Johnson & Johnson, and Toshiba—recently announced plans to break themselves up into pieces, it made headlines everywhere. But is this a coincidence or a trend—and does it mean we are witnessing the end of the modern-day conglomerate? This session will consider the potential for value creation—and value destruction—in complex, multi-business portfolios, as well as provide insights into which types of companies are being targeted by activist investors and what strategies managers can pursue to reduce market undervaluation.