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...business then lobby for change...Public interventions of activist shareholders in publicly traded companies attract considerable press coverage for their often aggressive and controversial actions to change a company’s governance or operations. Activist investors, such as Carl Icahn or Bill Ackman, use their equity stake in a company to either influence the running of a...

...money to pay less taxes. They also create financial mechanisms such as the ‘Interest Rate Swaps’ and ‘Trade Return Swaps’ to evade taxes. Governments are for this reason increasingly seeking to reduce the role of banks because of their contribution to this problem. In doing so they are revealing their willingness to potentially not only punish businesses but all...