The Coordinated Attack on Shareholder Activism
Drilled
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Exxon Lawsuit and Shareholder Rights Battle
This chapter explores the Exxon lawsuit triggered by a shareholder resolution for climate disclosure, revealing Exxon's attempts to restrict shareholder rights. It discusses a broader anti-ESG movement aiming to hinder shareholder entitlements and reshape investor rights through legal maneuvers. The conversation underscores the shift towards stakeholder capitalism and the importance of standardized disclosure for informed investment decisions.
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