{
  "docId": "019dd923-622b-71dc-a6d9-aa56741b6a55",
  "docSlug": "fade76df1897",
  "documentTitle": "DSP Group, Inc. (DSPG)",
  "authorId": "03_Starboard_Value",
  "authorName": "Starboard Value",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2013-05-13 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.77272725,
  "pageNumber": 29,
  "pageCount": 50,
  "prevPage": 28,
  "nextPage": 30,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "balanced",
  "nDataPoints": 8,
  "notes": "The slide uses a table to demonstrate overlapping board memberships and financial interests to question the independence of decision-making.",
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  "slideHref": "/slides/019dd923-622b-71dc-a6d9-aa56741b6a55/29",
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  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6d9-aa56741b6a55#slide-29",
  "components": [
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      "kind": "callout",
      "text": "How can the CEO, two Board members and the outside legal counsel of DSP be expected to make decisions that benefit DSP, like re-entering the licensing business and competing against CEVA, when they have a substantial economic interest in CEVA that could be harmed by such decisions?",
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      "kind": "list",
      "text": "At the time the noncompetition agreement between DSP and CEVA expired in 2007, the CEO of DSP, its outside legal counsel and two other DSP Board members were also on the Board of CEVA.\nAll four individuals had significant economic interests in CEVA and served important roles at both companies, despite the clear conflicts that existed from a potential competition standpoint.",
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      "kind": "source-note",
      "text": "Source: CEVA's SEC filings. Note: Beneficial ownership includes stock options exercisable within 60 days.",
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      "bbox": {
        "h": 0.4,
        "w": 0.8,
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      },
      "kind": "table",
      "text": "Table showing Name, Relationship to DSP, Relationship to CEVA, CEVA Shares Beneficially Owned, and Ownership as % total outstanding for four individuals.",
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      "kind": "title",
      "text": "At the Time the DSP Agreement Expired, the CEO, Board, And Legal Counsel of DSP Had Substantial Economic Interests in CEVA",
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  "metrics": [],
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  "frameworks": [
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      "name": "conflict-of-interest",
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      "matchId": "61b16a66-1d17-4b66-8367-289d35d61c98",
      "evidence": "The slide explicitly questions the ability of board members to act in the interest of one company while holding significant financial stakes in a competitor.",
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      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Agitate",
      "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
      "evidence": "Slides 6-36 expose contradictions and critique DSP Group's management and board.",
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      "confidence": 0.8,
      "parentBeatName": "Development",
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  "loops": [
    {
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      "from": 6,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "461286b5-1828-4e59-8f68-0c15c27a66ab",
      "evidence": "The deck repeatedly highlights the consequences of not changing the board and management.",
      "position": 0,
      "objective": "The cost of inaction is further underperformance and value destruction.",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.7,
      "description": "Quantify what happens if the audience does nothing"
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