Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The current credit environment will no doubt put a crimp in the activities of activist hedge funds, draining them of the cheap money that financed buying sprees and board hijackings. Nevertheless, while this could take some punch out of the current shareholder activist movement that has energized the equities markets for the past year, governance experts do not expect it to shut down. “Sarbanes-Oxley focused on the empowerment of the board,” says Mark Watson, managing director of the corporate governance specialist group for Moody’s Investors Service. “Now, we’re seeing the next phase–more power going to shareholders.”

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.