The chair of NIRI says she has not seen activists leverage ESG as often as traditional shareholder proposals in the 2022 proxy season so far and the ESG proposals that are tabled are rarely passed.
IR Magazine caught up with Victoria Sivrais, chair of the US association of IROs and a partner at the strategic communications firm Clermont Partners, during the NIRI 2022 Annual Conference this month.
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Activism Monthly archive
UK companies are more likely to settle with an activist than those in continental Europe. That was one of the findings of a recent report from Insightia, which examined the ways in which activism is changing in Europe and the impact of ESG issues on campaigns.
In fact, more than half of UK engag...
With a ‘quiet resurgence’ in shareholder activism campaigns under way in both the UK and continental Europe, new research shows that UK companies are more likely to reach a settlement than their European counterparts.
In the UK, research from Insightia shows there has been a 10 percent year-on-year increase in campaigns overall, though this jumps to a massive 400 percent increase among campaigns aimed at UK consumer-defensive companies.
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Krishna Veeraraghavan, partner in the corporate department at Paul Weiss Rifkind Wharton & Garrison, US
It starts with contacting your key personnel and advisers and evaluating the activist and the situation – who the activist is, what its ownership position is or might be in shares or derivative...
Jun 06, 2022
A pair of long-discussed and highly anticipated regulatory changes affecting activist investors and the US companies they target are coming down the pike. But advisers say that rather than creating a fundamental power shift, the reforms are likely to underscore the importance to each side of having effective engagement and a good story to tell. The value of playing well with others is becoming more widely accepted, they say.
Back in February, the SEC proposed rule c...