Implementation of Shareholder Activism by Minority Investors in light of
the Mauritius Companies Act 2001
Abstract
Shareholder activism is gaining popularity across the globe especially
in today's context where the option of giving up and selling shares to
exit the company has become obsolete. Hence, the purpose of this
research is two-fold, firstly to assess the concept of shareholder
activism under the Mauritian Companies Act 2001 which sets out tools for
investors to make the management of a company aware of their concerns
and to dynamically participate in the decision-making process. Secondly,
this study aims at investigating the extent to which the minority
shareholders of companies listed on the Stock Exchange of Mauritius
adopt and make use of the various tools of activism. Methodology To
achieve these objectives, this study will adopt the qualitative and
quantitative research methods. Primary data will be collected by
conducting a survey on directors of listed companies to figure out the
extent of shareholder activism implemented by the minority investors
while secondary data will be collected through a qualitative legal,
document and content analysis to scrutinise regulatory provisions and
existing literature on the researched topic.