A study conducted by global consultancy firm Alvarez and Marsal (A&M) showed that companies with more women on their boards attract fewer activist investors. In particular, the study, which surveyed 1,854 public groups, revealed that companies not targeted by hedge
activist investor
Shareholder engagement: A strategic opportunity
By Guy White on
Shareholder engagement is a key tool in a board’s toolkit to prepare for and respond to potential activist investor campaigns. A shareholder engagement program can provide valuable information on investor opinion, allow the board to head off issues before they…
Defensive Tools in Shareholder Activism: The “Voting Pill”
In today’s Financial Post, Barbara Shecter highlighted the use of modified shareholder rights plans (colloquially known as “poison pills”) as an emerging defensive tool against opportunistic shareholder activism in Canada. Traditionally, poison pills are used by boards of target…