ESG The Real Effects of Environmental Activist Investing We study the real effects of environmental activist investing. Using plant-level data, we find that targeted firms reduce their toxic... Read more S. Lakshmi NaaraayananKunal SachdevaVarun Sharma 30 March 2021 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Poison Pill The Consequences to Directors for Deploying Poison Pills Non-executive directors associated with poison pill adoption experience a decrease in shareholder votes, an increase in termination rates across all... Read more William C. JohnsonJonathan KarpoffMichael D. Wittry 09 June 2023 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Institutional Investors Hedge Fund Activism, Corporate Governance, and Firm Performance Using a large hand-collected dataset from 2001 to 2006, we find that activist hedge funds in the U.S. propose strategic, operational, and financial... Read more Alon BravWei JiangFrank PartnoyRandall Thomas 01 September 2006 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Boards Boards in Europe - Accountability and Convergence Corporate boards play a central role in corporate governance and therefore are regulated in the corporate law and corporate governance codes of all... Read more Paul DaviesKlaus Hopt 01 May 2013 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Hedge Funds Hedge Fund Activism, Poison Pills, and the Jurisprudence of Threat This chapter reviews the single high profile case in which twentieth century antitakeover law has come to bear on management defense against a... Read more William Bratton 01 September 2016 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Institutional Investors Corporate Governance in the Presence of Active and Passive Delegated Investment We examine the governance implications of passive fund growth. In our model, investors allocate capital between passive funds, active funds, and... Read more Adrian Aycan CorumAndrey MalenkoNadya Malenko 26 August 2020 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Activism Barbarians Inside the Gates: Raiders, Activists, and the Risk of Mistargeting This Article argues that the conventional wisdom about corporate raiders and activist hedge funds—raiders break things and activists fix them—is... Read more Zohar GoshenReilly Steel 03 November 2021 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Activism Shareholder Activism through the Proxy Process Read more Luc Renneboog 01 March 2010 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Voting Shareholder Voting in an Age of Intermediary Capitalism Shareholder voting is a key part of contemporary American corporate governance. As numerous contemporary battles between corporate management and... Read more Randall Thomas 01 March 2014 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Activism Long-Term Economic Consequences of Hedge Fund Activist Interventions We examine the long-term effects of interventions by activist hedge funds. Prior papers document positive equal-weighted long-term returns and... Read more Ed deHaanDavid LarckerCharles McClure 19 October 2018 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Company Law Stewardship and Collective Action: The Australian Experience Institutional shareholder stewardship codes (‘stewardship codes’) exist in many jurisdictions. They reflect the growing importance of... Read more Tim BowleyJennifer G. Hill 20 February 2020 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author
Indices Does Greater Public Scrutiny Hurt a Firm's Performance? Public attention to a firm may provide valuable monitoring, but it may also have a dark side by constraining management’s decisions and distracting... Read more Benjamin BennettRené StulzZexi Wang 22 January 2023 Go To Working Paper Read Share Pocket Facebook Twitter LinkedIn Email Copy URL Download More of this topic More of this author