The paper’s prime objective is to understand the impact of Shareholder activism on firm performance. This study is conducted in a unique setup where traditional activist investors such as pension funds and hedge funds are not present. However, the activism cases are increasing yearly in an...

It is not unusual for entity to derive its ownership and control structure from the culture and traditions of country of origin. It has become cliché that Indian companies are dominated by family ownership in the form of promoters due to the strong family cultural system of the country....