Dutch institutional investors and company executives are pressing for more rules to govern activist shareholders, news agency Reuters reports.

‘We have all seen that investors with a short term horizon and a strategy of shareholder activism try to make life miserable for companies,’ Jan Hommen, chairman of publishing group Reed Elsevier, was quoted as saying. ‘They have no loyalty at all to the company or other stakeholders.’

dutchnews.nl, 9 May 2008