I have actually been working on an article for the EA forum on shareholder activism, which I expect to be able to post within a the next week or so. I work in a related field, so I have seen and heard of various examples of corporate engagement happening.
I think I am much more bullish on shareholder activism than you are, specifically, I believe the “ReturnLoss” on share prices due to proxy campaigns can, in a significant number of cases, be negative, as it was in the Engine no. 1 proxy fight (the share price appreciated in value by nearly 50% due to the governance shakeup). I’ll put more details in the article.
If you would be interested in giving me feedback on my article before I post it, let me know!
This is a really good article, thanks sbehmer.
I have actually been working on an article for the EA forum on shareholder activism, which I expect to be able to post within a the next week or so. I work in a related field, so I have seen and heard of various examples of corporate engagement happening.
I think I am much more bullish on shareholder activism than you are, specifically, I believe the “ReturnLoss” on share prices due to proxy campaigns can, in a significant number of cases, be negative, as it was in the Engine no. 1 proxy fight (the share price appreciated in value by nearly 50% due to the governance shakeup). I’ll put more details in the article.
If you would be interested in giving me feedback on my article before I post it, let me know!