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Fortune
Fortune
Lance Lambert

Hedge funds are looking for targets—here’s what they want

(Credit: Peter Dazeley—Getty Images)

For this week’s issue, Fortune partnered with Diligent a global leader in modern governance providing SaaS solutions across governance, risk, compliance, audit, and ESG. Researchers at Diligent granted us exclusive access to their 2023 “activism vulnerability scorecard.”

The study sought to find out what’s motivating activist investors these days. To conduct the study, Diligent looked at U.S. companies that had been “subjected to public demands by a primary or partial focus activist” since September 2022. In total, Diligent researchers looked at 50 companies.

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