Many domestic activist funds this year plan to continue existing campaigns launched in 2024, though some activist investors have decided to ease up on new actions, the sources said.“Last year, many thought it would be difficult to talk to companies without taking surprise actions at regular shareholders’ meetings,” said a local activist fund source.“However, the government’s value-up program justified shareholder activism and allowed us to communicate easily with companies even though we did not take action at those meetings.”Local activist investors usually launched campaigns before the general shareholder meeting period in pursuit of higher shareholder value, better corporate governance and other purposes.
TO STEP UP EXISTING CAMPAIGNSLocal activist investors aim to step up existing campaigns by maintaining their actions toward targeted companies throughout the year, sources said.“In the past, we just had to defend against activist investors for the three months before general shareholder meetings,” said a source at a listed company.
"Now, we need to stay alert throughout the year as many activist funds take offensive actions year round.”Activist investors’ demands during the annual general meeting period in March may fail to draw interest, however, given that other shareholders usually ask companies to take steps for higher shareholder returns, better governance and more, sources said.
The story "Korean activist investors to routinize campaigns throughout year" has 333 words across 15 sentences, which will take approximately 2 - 3 minutes for the average person to read.
Which news outlet covered this story?
The story "Korean activist investors to routinize campaigns throughout year" was covered 6 days ago by Korea Economic Daily, a news publisher based in South Korea.
How trustworthy is 'Korea Economic Daily' news outlet?
Korea Economic Daily is a fully independent (privately-owned) news outlet established in 1964 that covers mostly economy news.
The outlet is headquartered in South Korea and publishes an average of 9 news stories per day.
It's most recent story was published 14 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Negative, indicating that people regard this as "bad news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
