The Rise of the Shareholder

The confluence of favorable market dynamics, including high corporate cash balances, low interest rates and cooperative capital markets, has created an environment in which corporate management teams and boards of directors can take action to increase value for equity owners.

Engagement by shareholders, both private and public, is on the rise and has been met with increasing receptivity. In several recent situations, companies that have engaged in shareholder-recommended activities have been rewarded by markets through higher stock prices.