The Flaw in the Emerging AI Activist Playbook

In their latest Agenda article, co-chairs of Sidley's Shareholder Activism and Corporate Defense practice, Derek Zaba and Kai H.E. Liekefett, examine how artificial intelligence is emerging as a new focus of shareholder activism and explain why AI-related critiques are unlikely to succeed without evidence of a broader governance failure. The authors discuss the governance considerations underlying AI-focused activist campaigns and outline practical steps boards can take to strengthen oversight, communicate AI strategy, and demonstrate effective AI governance to investors.

The article was later featured in Board Prospects as part of its Fall 2026 issue. Click here to view the full issue.