Sun, May 1, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Shareholder activism likely to increase over Q4, 2013 driven by weak earnings reports

Wednesday, October 17, 2012

Bailey McCann, Opalesque New York: A new study done by New York-based law firm Schulte Roth & Zabel done in association with mergermarket shows that shareholder activism is expected to increase in the fourth quarter and into 2013 as investors push for management changes at companies that have performed poorly on a consistent basis. The report authors interviewed corporate executives and activist investors to get their take on shareholder activism in the current market environment. The new report follows a previous survey by the law firm, with similar questions, done in 2010.

The industries expected to see the biggest increase in shareholder activism are financial services, industrials and chemicals, technology, and energy. The majority of respondents (79%) expect the financial services industry to experience the most shareholder activism over the next 12 months, as investors are still looking to repair the industry after the 2008 crash.

Activist investors strongly diverged from corporate executives when it comes to the issue of board representation – activist investors agreed unanimously that shareholders should have board representation whereas only 36% of corporate executives thought they should. "The extent to which corporate executives take a dim view of shareholder......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n