4th Asia-based International Financial Law Conference

29 Mar - 31 Mar 2023

Session information

Session ten: Shareholder activism in Asia


This session will consider:
• introduction of cases from various countries;
• activist campaigns;
• discussion between management of listed companies and activist shareholders and disclosure to the market;
• proxy fights and operation of general shareholders meeting where activist shareholders exist; and
• activist involvement in M&A (eg, activist taking a stake in a target during a takeover bid (TOB) launched by a purchaser in the midst of concerns about the fairness of TOB price, resulting in an increase of TOB price).

Session / Workshop Chair(s)

Katsumasa Suzuki MORI HAMADA & MATSUMOTO, Tokyo, Japan; Chair, Mergers and Acquisitions Subcommittee


Ariel Deckelbaum Paul Weiss Rifkind Wharton & Garrison LLP, New York, New York, USA
Harumi Hyotani UBS Securities Japan Co., Ltd., Tokyo, Japan
Yasuyuki Konuma Tokyo Stock Exchange Inc, Tokyo, Japan
Naoko Ueno Glass Lewis Japan GK, Tokyo, Japan

Session presentations