That is like saying that in my coffee shop I do not care about whether my customers enjoy their coffee.
This is also like saying that in order to harm the coffee shop you will attack the customers. Attempts to punish the company by inflicting pain on the shareholders are unlikely to make you popular with those shareholders.
The point is that if you don’t care about your shareholders and shootcrap your company, your competitors will find it much easier to raise capital.
Citation needed. Can I see some empirical data where activists’ efforts at divestment actually, in real life, led to the rise in the cost of capital for a company?
This is also like saying that in order to harm the coffee shop you will attack the customers. Attempts to punish the company by inflicting pain on the shareholders are unlikely to make you popular with those shareholders.
Citation needed. Can I see some empirical data where activists’ efforts at divestment actually, in real life, led to the rise in the cost of capital for a company?