Filed in archive shareholder activism by leon on January 6, 2006

Interesting data from the 2005 proxy season has raised suggestions that boards of directors and activists brought out the peace pipes.

The figures however suggest that something far more important is afoot. Boards, which a few years ago dismissed activists as hostile ratbags, are now are doing more listening and negotiating. The question is whether it's here to stay. Some say companies will be holding activists up to more scrutiny. But there's a strong case that the activists are not going to go away. Certainly, we can expect executive salaries and option expensing to be up there among the issues next season.

Related Entries:

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The shareholders are revolting - 20 June 2006
Relakks is Swedish for Anonymity - 16 August 2006
Relakks is Swedish for Anonymity - 16 August 2006
Silence, the project killer - 16 October 2006
Vulnerability reported in Sun Java System Web Proxy - 28 May 2007
Shareholder rights wronged - 30 November 2007

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Permalink: Proxy season peace pipes

Tags: shareholder activism proxy

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Vote for Proxy season peace pipes:

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Rating: 9.50 out of 4 vote(s) cast.

Response from: City View-Bisque Fabric Sofa Collection (06/13/07 1:48am)

Activist investors - labeled hostile corporate raiders in the 1980s - are now being listened to by boards that once would not even acknowledge them. The shift toward shareholders' interests has been a long time coming, as outside directors have become more questioning and demanding of top executives and as defenses like poison pills that once entrenched management have been eroded by the courts.