With the rise of shareholder activism in recent years
and its evolution into an asset class of its own, companies should
prepare themselves for targeted shareholder activity by assessing
their vulnerability to such actions.
To accomplish this, FTI Consulting built the Activism Screener
(the "Screener"), a proprietary model that evaluates U.S.
and Canadian public companies' vulnerability to shareholder
activist pressures, based on a variety of quarterly reported
metrics. The Screener was built and refined in 2017 and 2018 in
collaboration with experts across FTI Consulting's practices,
drawing expertise from corporate finance, corporate governance, and
forensic and technical accounting professionals.
