Volume 1 Issue 2

Volume 1 Issue 2

The Impact of Shareholder Activism on Corporate Governance- Recent Trends and Challenges

By Rachita Yedhula,
Student , Symbiosis Law School , Pune

Abstract

The history of corporates across the world has shown managerial and auditorial shortcomings resulting in various scandals, financial frauds, and the fall of largely traded public companies. Nevertheless, the burden was borne by shareholders, who have been affected the most by corporate failures. With the rise of corporate governance yet incompetent regulatory reforms, the voices of these shareholders have surfaced in the form of activism. This paper examines the regulatory framework since the arrival of the earliest scams and the evolution therein.

It discusses the impact of various laws in place, specifically the provisions of the Company Act, 2013, along with the appraisal of redressal mechanisms like litigation and grievance committees. Lastly, the latest trends are examined, in the wake of the unprecedented pandemic. It is examined if whether decades of evolution have resulted in the true success of shareholder activism.

Recommended Citations :

OSCOLA

Rachita Yedhula, ‘The Impact of Shareholder Activism on Corporate Governance- Recent Trends and Challenges’, [2021] 2 IJBLS

https://intbusinesslaw.com/the-impact-of-shareholder-activism-on-corporate-governance-recent-trends-and-challenges/

Bluebook 19th Ed.

Rachita Yedhula, The Impact of Shareholder Activism on Corporate Governance- Recent Trends and Challenges, 1 IJBLS 2, 124-133 (2021)