Found 2 article(s) for author 'Hedge Fund Activism'

The Long-Term Effects of Hedge Fund Activism

The Long-Term Effects of Hedge Fund Activism. Lucian Bebchuk, June 2015, Paper. “We test the empirical validity of a claim that has been playing a central role in debates on corporate governance–the claim that interventions by activist hedge funds have a negative effect on the long-term shareholder value and corporate performance. We subject this claim to a comprehensive empirical investigation, examining a long five-year window following activist interventions, and we find that the claim is not supported by the data…Link

Tags: , ,

The Long-Term Effects of Hedge Fund Activism

The Long-Term Effects of Hedge Fund Activism. Lucian Bebchuk, July 9, 2013, Paper. “We test the empirical validity of a claim that has been playing a central role in debates on corporate governance – the claim that interventions by activist shareholders, and in particular activist hedge funds, have an adverse effect on the long-term interests of companies and their shareholders. While this “myopic activists” claim has been regularly invoked and has had considerable influence, its supporters have thus far failed to back it up with evidence…” Link verified June 19, 2014

Tags: , , , , , , , , , , , , , , ,