Retail investors are playing a more important role in shareholder activism as it goes mainstream, according to a recent survey by Brunswick Group. Some 801 retail investors in the United States were polled, and the majority of respondents (74 percent) said they believed activists added value by pushing management to make hard decisions, instead of simply being disruptive to the company.
“As activist shareholders continue to launch public and aggressive campaigns against companies, management teams must engage retail investors and have a proactive strategy to deploy if under attack,” said Steve Lipin of Brunswick in a statement about the study. “From the survey, it appears retail investors are more open to the activist appeal than previously thought, and companies will have to fight hard to win the retail vote, much as they do institutions.”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
