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Annually elected boards and companies with written consent will see more shareholder offers.
More shareholder democracy, these critics believe, leads inevitably to less shareholder value.
A true break-up would be cleaner and almost certainly unlock more shareholder value.
Jessica Silver-Greenberg and Nelson D. Schwartz reported that companies should brace for more shareholder denunciations.
Mr. Spitzer wants to bring more shareholder activism to the pension funds.
"I would not like to see Vodafone exercising more shareholder value destruction by overpaying".
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This is a vastly more shareholder-friendly capital allocation policy then where Apple stood a few months ago.
He continued, "Greenlight believes additional value may be realized when Apple's price-to-earnings multiple expands, as the market appreciates a more shareholder-friendly capital allocation policy".
Polymetal's chief executive, Vitaly N. Nesis, has moved to remake the gold company into a more shareholder-friendly firm consistent with the practices of large international businesses.
He said that he viewed management teams of companies like Reliance Infrastructure in Mumbai and OGX in Rio de Janeiro as more shareholder-oriented than those in China.
This year, however, Japanese managers faced an even more menacing threat: activist shareholders.Corporate law is actually more shareholder-friendly in Japan than in America or Britain.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com