Elucidate the following: Shareholder activism.

Shareholder activism: The shareholder activism means establishing dialogue with the management on issues that concern, influencing the corporate culture, using the corporate democracy provided by law, and increasing general awareness on social and human rights issues concerning the organization. Shareholder activism refers to the active involvement of stockholders in their organization. Active participation in company meetings is a healthy practice. They can resolve issues laid down in the annual and other general meetings and can raise concerns over financial matters or even social causes such as protection of the environment. Shareholder activists include public pension funds, mutual funds, unions, religious institutions, universities, foundations, environmental activists and human rights groups. A share in a company is not only a share in profits but also a share in ownership. Shareholders must realize that their active participation in the company's operations ensures Better Management, Less Frauds, and Better Governance.