UK businesses are preparing for a renewed round of investor activism in 2023 after data from Lazard showed the highest levels of new campaigns since 2018.
Lazard's annual review of Shareholder Activism looks at key trends in activism and found that in 2022 there were 235 new initiatives across the world last year. This was a 36% increase on 2021 and bucked the declining trend that had been going on since 2018. Bloomberg gender study shows there is room to improve The data showed that each quarter in 2022 had a year-on-year material increase in new campaign activity, with a record breaking Q1 in new activity at 73 initiatives. Technology experiences a higher amount of campaigns overall, taking 21% of the pie. This was a significant...
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