Institutional investors don't like activism, they like
openness. Articles on the topic, including some by IFLR, cite
statistics that suggest activist tactics are growing in
popularity among institutional investors. A recent study by FTI
Consulting, for example, found that 76% support activism,
seeing it as an important catalyst for change.
The caveat is that most institutional investors support the
movement not for short-term economics, but for longer-term
gains. This isn't always the case, as of...