Shareholder Activism under Donald Trump
After Donald Trump’s stunning electoral victory, the question is what this means for shareholder activism. Numerous activist investors openly endorsed Trump for president in 2024 and donated tens of millions of dollars and more to his campaign and related political action committees.[1] While not all activist investors supported Trump, at this year’s Active-Passive Investor Summit, […]
Kai H. E. Liekefett and Derek Zaba are Co-Chairs of the Shareholder Activism & Corporate Defense Practice at Sidley Austin LLP.
After Donald Trump’s stunning electoral victory, the question is what this means for shareholder activism. Numerous activist investors openly endorsed Trump for president in 2024 and donated tens of millions of dollars and more to his campaign and related political action committees.[1] While not all activist investors supported Trump, at this year’s Active-Passive Investor Summit, the premier shareholder activist conference in New York City organized by research and advisory service 13D Monitor, many activist investors were excited about the prospect of another presidency of Donald Trump.[2] This article examines the impact of another Trump presidency on shareholder activism in the United States and the beyond.
