Wake up boards, you are on notice. After 10 years of directors being bored to death by warnings about the rise of shareholder activism, it really is time to pay attention.
Fund managers are sick and tired of poorly run companies, misallocation of capital and sleepy boards.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
