An activist investor’s successful corporate governance and strategic management impacts: An updated L Brands case study

The key research aim of this paper is to analyze whether an activist investor’s recommendations for financial, corporate governance, and strategic management performances were successful or not. This updates the initial case study investor, Barington Capital Group, in analyzing performance a public company, L Brands, which had lost $20 billion market capitalization last three years prior letter from Brands CEO March 2019. updated analyzes Barington’s worked as operational guidelines improving Brands’ performances. From its financial analysis, recommended either offering superior performing Bath & Body Works brand spinoff weak Victoria’s Secret brand. governance that improve composition board directors whose deficiencies director independence, industry experience, diversity hindered ability effectively oversee advise management. It important note was prepared exclusively with information.