Activist investors can submit proposals for shareholder votes and organize other shareholders to vote by proxy. In a proxy fight, the activist and the management team each campaign for shareholder proxy votes. Activists may also bring legal challenges against management decisions, run public campaigns to build support, or seek board seats. If they gain enough voting power and board seats, they may be able to force a partial or total change in the management team.
verifiedCite
While every effort has been made to follow citation style rules, there may be some discrepancies.
Please refer to the appropriate style manual or other sources if you have any questions.
Select Citation Style