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Activist investors: The nemesis or saviour of the public company?
by Caroline on 11 February 2015

Ackman

An article recently published by the Economist suggests that the past 15 years have cast a shadow over public companies. The editor argues that governance has been weakened by the rise of passive index funds, meaning that many firms’ largest shareholders are now software programs. This, coupled with the rise of institutional investors who prefer to sell at the first sign.....

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