In the ongoing (and unfortunate) conflict between investors and management, investors often overlook a useful means of investigating what's going on at a portfolio company, and of putting some pressure on the company.

We've made a demand to "inspect books and records" for a number of purposes: 

• Assess the process that a BoD has followed in screening and selecting independent directors 
• Review how a BoD evaluated (and rejected) an unsolicited acquisition bid 
• Review how a BoD determined how much to pay for a questionable acquisition. 

We explain how these demands work, and how to make them work for you, in a current blog post.