Shareholders have plenty of ways of impacting corporate direction that fall far short of hostile takeovers. E.g. lawsuits; the very fact that a public company h

Shareholders have plenty of ways of impacting corporate direction that fall far short of hostile takeovers. E.g. lawsuits; the very fact that a public company has to provide more information about its finances. There's a reason Ruth Porat was brought on after IPO and not before.