Electronic copy available at: http://ssrn.com/abstract=1150130 Available at http://ssrn.com/abstract=1150130 Some are more equal The politics of shareholder activism By Donald Nordberg Senior Lecturer in Strategy and Corporate Governance London Metropolitan Business School Honorary Visiting Professor of Journalism City University, London and Editor and Publisher of The BoardAgenda (www.boardagenda.com) Correspondence address: PO Box 26231 London W3 9WN United Kingdom Email: editor@boardagenda.com Original version: June 2008 This version: June 2009