The new reality资料.doc

文档介绍：The new reality
In the final reading for this unit, then chair of CGA-Canada, John Nagy, talks about investor activism as a new force that is bringing about corporate change. Instead of simply remaining passive investors whose only decisions are to buy or sell their holdings, various investor groups such as pension fund managers and venture capitalists are taking a much more active role in seeking to influence corporate directions. In short, investor activism is a potentially important force for bringing about needed changes in corporate governance.
In the past stakeholder groups of various types have used their investments to try to influence corporate policy to move in socially responsible directions. One major example of this was during the period in which South Africa had an official policy of racial segregation that treated non-whites in an oppressive and brutal manner. Around the