Shareholder Activism:
Beyond Short-term and Long-term Implications
https://uwm.edu/business/forms/rsvp-shareholder/
Friday, October 28, 2022
Shareholder activism has grown in power and prominence, generating a wide spectrum of demands to corporate executives and directors -- from board seats, restructuring, and stock buybacks, to addressing environmental, social, and governance (ESG) issues. Reactions to shareholder activism have been similarly diverse: perceived by some as entrepreneurial investors remedying the impact of disperse or disinterested shareholders, and by others as "hit-and-run activists whose goal is to force an immediate payout." Shareholder activism has raised the questions: Can Wall Street save the world? and, in particular, What is the relationship between shareholder activism and financial performance and sustainability?