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Story perspectives

Shareholder Activism Quadruples, Undermining Product Quality Amid Record Profits

8/10/2026

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Story summary
  • Shareholder activism against CEOs has more than quadrupled since 2018, according to a December 2025 Conference Board report.
  • Corporate profits hit a record $3.9 trillion annualized in Q1 2025.
  • Ben & Jerry’s co-founder Ben Cohen says shareholder pressure erodes product quality and that he is trying to buy back the brand from Unilever’s Magnum.
  • Columbia law professor Dorothy Lund links the decline to a pro-shareholder rights movement that has enlarged investors and weakened founders’ quality commitment.