Role of Activist Investors in Decision-Making
We have heard hundreds of stories about activist investors, acquiring equity on corporations in order to influence policy.
The ExxonMobil activists shareholders passed a resolution asking the oil company to explain the risks climate change is posing on their business interests.
The activists were joined by politicians on demanding for information.
Many ExxonMobil activist investors are working in favor of low-carbon economy.
It seems that the activists wanted ExxonMobil to announce that policies on climate change will affect oil demand.
Decline in oil prices will affect the company’s ability to invest in new oil fields.
