But it has broader implications as well: It is a welcome instance of the slow rise of shareholder activism in India. The changing regulatory environment, meanwhile, has also enabled foreign institutional investors steeped in a more robust culture of activism. It’s no coincidence that UK- and US-based institutional investors called the Fortis general meeting last week. Shareholder activism may be gaining ground, but it still has a distance to go. What can the regulators do to increase shareholder activism in India?

Source: Mint June 01, 2018 02:15 UTC