All of these issues, in combination, produce a system that tends to favor broader diversification of investments beyond what domestic American tech companies might be willing to tolerate. In comparison, the United States has a capital market where activist investors are empowered by finance regulations to impose pressure on corporations to maximize shareholder value, especially in the short-term. However, the success rate of activists battling against corporate boards has been increasing. The win rate of activists battling for a seat on a company's board rose from 52 percent in 2012 to 73 percent in 2014. And within 18 months after an activist investor joined their board, 44 percent of companies replaced their CEOs. Examples include the split of eBay and Paypal, the buy-back of Apple, and the post-merger breakup of DuPont and Dow Chemical amid investor unease.