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It's actually a shame, because the term "activist investor" already had a meaning. It's what you would call nuns in the 80s who used proxy votes from pension f
by maceo 11y ago
It's actually a shame, because the term "activist investor" already had a meaning.
It's what you would call nuns in the 80s who used proxy votes from pension funds to push pro-people corporate policy. Or Harvard students in the 60s who used proxies from their university endowment to agitate against corporations profiting off the Vietnam War.
These days, that doesn't really exist anymore, but if you have to refer to it its usually called "shareholder activism." Even then, most people who read that assume that you're referring to greenmailing.