Partner Angeli Arora was recently interviewed by Legal Business as part of its ESG report, to discuss the topic of shareholder activism.
In the interview, she reflected on the responsibility of businesses to actively engage with its shareholders to address ESG issues.
Angeli commented: “Shareholder activism has become a growing force to be reckoned with. In the past, companies often talked about shareholder activists as the enemies and devised defence strategies to deal with short-term investors. However, that narrative doesn’t work anymore, as it is widely acknowledged that shareholders, as the ultimate owners of a company, cannot be passive bystanders but must positively monitor and police the activities of management. Now companies must actively engage with their shareholders to understand and address their concerns.”
Read the full piece (behind a paywall).