The growing issue of shareholder activism continues to make headlines across the world as activist investors target new companies and new geographies. Andrew Wingfield looks at how PLCs should prepare to deal with such challenges.
Activist campaigns are now launched in a broad range of sectors, on a host of issues, and it appears that no company is seen as too large to avoid attacks. Companies such as Apple, Danone and UBS have all been subject to activist campaigns in recent years.
Once regarded as opportunistic corporate raiders with a short-term focus on returns, institutional investors increasingly welcome today’s activists. They view them as voicing legitimate concerns or pointing out hidden value opportunities. So, what are the key considerations for directors and senior executives seeking to mitigate the risks of shareholder activism?
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