Letters: Activism or pressure tactic?

Apropos the front-page report “Target companies see red as analysts turn activists” (June 21), shareholder activism should protect and further the interests of all stakeholders in a company. The activism of brokerage houses and advisory services should not be guided by their own business considerations. A group of shareholders who own an insignificant number of shares cannot be allowed to hold a company’s management to ransom by claiming that they represent all minority shareholders.

Narendra M Apte, Pune

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