1. The increasing influence of activist shareholders

    Jarrett Dieterle Legal Intern, Manhattan Institute's Center for Legal Policy Activist investors, such as the infamous "corporate gadflies," have existed in one form or another for many years. Recently, however, the activist shareholder movement has grown more professional and more influential, enabling activists to target larger companies. Gradual changes in corporate governance rules have made it easier for activist investors to gain more leverage in getting their own candidates placed on compa

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