Deloitte's "Investor Engagement and Activist Shareholder Strategies" (page 13) suggests action steps for boards to enhance their investor engagement oversight and reduce the company's potential for becoming an activist target or - at a minimum - being poorly-positioned to respond, if targeted. The article includes questions for directors to consider that will facilitate their knowledge and understanding of the company's potential vulnerabilities, and inform potential additions or changes to the board's oversight agenda going forward.
Shareholder engagement and activism is one of the publication's several topics that aim to assist boards in infusing a long-term perspective in their oversight activities.