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"Carl's been a mentor to me in recognizing that being a value investor can also mean being a proactive shareholder," Mr. Glass said.
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Instead, the battle is more likely to spread to regulators and legislators as companies take a proactive stance in anticipation of shareholder activism.
I think you need shareholder engagement, divestment, and proactive engagement".
The campaigning, which shareholders indicate is unusually proactive this year, reflects the growing worries within JPMorgan that investors may be dissatisfied with management because of the continuing fallout from a multibillion-dollar trading debacle.
"One woman said she would have liked to see more proactive support from the board," said two shareholders, who refused to give their names.
"The fund's board concluded that taking this proactive measure will protect the interests of existing shareholders," said John J. Brennan, Vanguard's chairman.
"We have been advocating for value creation and are pleased that the Smithfield board of directors and management are being proactive in realizing value for the benefit of all of its shareholders".
"The management, in the Japanese sense, is becoming very proactive in terms of taking cost out, focusing on return to shareholders and return on capital," says Emmett.
It also promised a "proactive stance on future regulatory direction and robust controls" and set a series of financial "ambitions", designed to bolster shareholder returns.
While Patagonia has been proactive about gender parity, some companies have been harder to turn around, according to Natasha Lamb, director of equity research and shareholder engagement at Arjuna Capital.
Be proactive.
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CEO of Professional Science Editing for Scientists @ prosciediting.com