TOKYO -- The number of activist campaigns in Asia surged nearly 20% last year, putting the region second only to the U.S. in terms of activist investor activity.
A record 111 companies headquartered in Asia faced requests from activist shareholders to improve corporate governance last year, according to the report "Activist Investing Annual Review 2019," produced by consultancy Activist Insight in association with Schulte Roth & Zabel.
