Whilst shareholder activism is well established in the US, over the past 12 months the influence of shareholders has continued to be felt around the world as institutional investors have increased their level of engagement with the public companies in which they invest. This engagement ranges from expressing views on executive remuneration in connection with public companies’ annual financial reporting, through acquiring minority stakes and seeking board representation, to high-profile public campaigns to encourage shareholders to vote against proposed corporate transactions.
In the recently published inaugural edition of Getting the Deal Through: Shareholder Activism & Engagement 2016, Davis Polk looks at global developments in shareholder activism and engagement and potential activist strategies and recent trends in France, the United Kingdom and United States.
Reproduced with permission from Law Business Research Ltd. These articles were first published in Getting the Deal Through: Shareholder Activism & Engagement 2016 (published in January 2016; contributing editors: Arthur F Golden, Thomas J Reid and Laura Turano, Davis Polk & Wardwell LLP). For further information please visit Getting the Deal Through Shareholder Activism.