Cohen & Gresser, in collaboration with SONJ Conseil, organized a breakfast discussion on “The rise of a constructive shareholder activism”, at the Cercle de l’Union Interalliée, Paris, on December 5th, 2017. The panelists were: Ahmed Guenaoui (Direction Générale du Trésor (French Treasury)), Gilles Mentré (Managing Partner, Banque Lazard), Joseph Oughourlian  (Managing Partner, Amber Capital), Caroline Ruellan (President, Sonj Conseil) and Muriel Goldberg-Darmon (Attorney at law, Partner, Cohen & Gresser). A substantial number of financial leaders were present and enriched the debate (The French stock market regulator (AMF), Euronext, AFEP, MEDEF, banks, hedge funds, public companies, etc.).