Shareholder activism is on the rise in Asia Pacific as companies and CEOs face unprecedented scrutiny from international and local investors looking for better corporate governance and transparency. In the first quarter of 2022, there were 76 public corporate actions, as compared to 50 in the same period of 2021, on corporates and issuers in the region, with Korea, Australia and Japan leading the way, according to Insightia’s Shareholder Activism in Q1 2022 report.
So, what do activist investors want? And how do corporates and issuers better prepare for activist investors’ attack?
Patrick Yu, GM, SVP and Senior Partner at FleishmanHillard Hong Kong, provided insights on the winning blueprint for communications with activist investors and shareholders.