While shareholders don’t run a company, there are ways for them to strong-arm the board of directors and top management. As a matter of fact, shareholder campaigns which are no worse than a mutiny. Often, they can lead to composition leads to appoint new board members. And, in some cases, even succor their agenda. They stay ahead by getting the latest insight, day in and out. Very few companies publicly profess their devotion to shareholder value, but they acknowledge their takeover force.
The Intense Scrutiny on Female CEOs by Activist Investors