Recommended Reading - Soapbox Proactive

Steven London and Matthew S. Gilman wrote a blog in the Deal.com's Dealscape in which they advocated,

Corporate boards of directors and management can -- and should -- be more proactive in preparing for and addressing increasing activism by shareholders.

London and Gilman are partners with Pepper Hamilton LLP and have formed the firm's shareholder activism team.  I made note of this piece due to the growing importance of shareholder activism and the fact that at times it has a direct impact on top management.

Shareholder Activism - Management Impact

A recent article in Taking The Street attempts to analyze the impact of shareholder activism on management and overall corporate performance from an investment perspective. The pices is worth a quick read.