paninid,
@paninid@mastodon.world avatar

Will activist sue boards that implement for abandoning their fiduciary duties to maximize returns and leaving money on the table? https://www.flex.scoopforwork.com/stats?utm_source=social&utm_medium=linkedin&utm_campaign=flex-report-q1-24

ramsey,
@ramsey@phpc.social avatar

@paninid Why are they “activists?”

paninid,
@paninid@mastodon.world avatar

@ramsey

It’s a whole thing around annual general meetings (#AGM) and #ProxyVoting processes.

ramsey,
@ramsey@phpc.social avatar

@paninid Ah. I didn’t realize this term had a specific meaning in investment. https://en.m.wikipedia.org/wiki/Shareholder_activism

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