Shareholder activism is a strategy used by shareholders of a company to influence its decision-making process. Activist shareholders may use tactics such as filing shareholder resolutions, conducting proxy fights, or engaging in public campaigns to advocate for changes within the company, such as increased dividend payouts, corporate governance reforms, or changes in executive compensation. Shareholder activism aims to improve corporate performance, increase shareholder value, and hold management accountable for their actions. It is often seen as a way for shareholders to have a voice in the company's operations and to ensure that their interests are being represented.