Lecture: Shareholder Activism - leveraging the law as a tactic to effect change in listed companies
Are shareholders powerless to act when a company board makes poor decisions or destroys shareholder value?
Or do shareholders have the ability to force change? Must a board act at the behest of its shareholders?
Jeremy Leibler and Jonathan Wenig, partners at the law firm Arnold Bloch Leibler, examine the legislative tools that can be used by shareholder activists to requisition a general meeting and pressure boards to respond to activists’ demands.