Summarize
In the article, “Capitalism’s unlikely heroes” published in the magazine The Economist, writer has told that activist investors are good for the public company. These investors help entrepreneurs, promote innovation, and work as saviors in spite of their flaws. On the other hand, passive and lazy investors move out of the business upon any sign of trouble. Sadly speaking, number of lazy investors or institutional investors in the stockmarket is increasing. According to the article, governance can be weakened due to increasing number of passive index funds. Activists, on the other hand, are in the market for more Continue reading...