Sunday, October 16, 2011

Shareholder activism grows from baby steps

Shareholder activism grows from baby steps: Shareholder activism grows from baby steps
N Sundaresha Subramanian, Arijit Barman & Joydeep Ghosh / Mumbai�October 17, 2011, 1:26 IST
It may not be a war cry yet, but the voice is definitely getting shriller. On Friday, worried investors of Maruti Suzuki took the extraordinary step of bypassing the management and spoke directly to the representative of the workers’union. The company is going through a crippling strike, which has taken the stock price to a 52-week low.