Guzov, LLC’s Ami de Chapeaurouge’s new paper examines shareholder and hedge fund activism in Germany and its impact on corporate governance and corporate law. In the past 15 years there have been 400 equity activist campaigns targeting 200 out of Germany’s 650 listed companies. This is an important shift from “the threat of hostile takeovers” to correct inadequate shareholder management. In his analysis, de Chapeaurouge compares the rights of minority shareholders in Germany and the United States, concluding that German minority shareholders have “well-developed and strong” rights. To understand more about the importance of shareholder and hedge fund activism, read de Chapeaurouge’s article here.