Market Function of Activist Shareholders

The video discusses the role and impact of proxy battles in the US capital markets, highlighting when they create value for companies and shareholders. It explores current trends, including a decline in activist campaigns due to economic factors like interest rates and M&A market conditions. The video also covers the advisory business in proxy contests, criteria for success, and the influence of ESG and economic activism.

In what ways can activist campaigns create value for shareholders?

What role do activist investors play in the US capital markets?

What factors might contribute to a drop in activist campaigns?

What challenges do activist investors face in the current market environment?

How do companies typically select advisors during proxy contests?

What are some indicators of whether a proxy contest is won or lost?

How do environmental, social, and governance (ESG) issues impact board decisions?