Infosys, Coal India, Akzo Nobel and Vedanta have run up against shareholders who are not afraid to ask searching questions, even if they happen to be minority shareholders.
India Inc can no longer expect shareholders to remain calm if their rights are trampled upon. Not just big institutional investors, but even minority shareholders are now turning increasingly assertive to influence corporate decision-making.
Recent developments in the financial markets and in business practices suggest a growing trend in shareholder activism, wherein investors attempt to influence management and corporate practices by raising uncomfortable questions to the top guns of India Inc.
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