1.

Record Nr.

UNINA9910463903303321

Autore

Butu Mihaela

Titolo

Shareholder activism by hedge funds : motivations and market's perceptions of hedge fund interventions / / Mihaela Butu

Pubbl/distr/stampa

Hamburg, Germany : , : Diplomica Verlag GmbH, , 2013

©2013

ISBN

3-8428-3914-6

Descrizione fisica

1 online resource (58 p.)

Collana

Reihe Alternative Investments ; ; Band 5

Disciplina

659.285

Soggetti

Corporations - Investor relations - Germany

Stockholders - Germany

Hedge funds - Germany

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Shareholder Activismby Hedge Funds; Table of contents; List of figures; List of tables; 1 Introduction; 2 Shareholder Activism; 2.1 Activism by traditional institutions; 2.2 Activism by hedge funds; 3 Data and overview of types of activism; 3.1 The sample; 3.2 Classification of events by type of activism; 3.3 Examples of activist events; 4 Stock returns on hedge fund activism; 4.1 Methodology; 4.2 Empirical results; 5 Summary and conclusion; Appendix: Two examples of activist events - Schedule 13D; References

Sommario/riassunto

In recent years, hedge funds' successful interventions in some large public companies have revealed their critical role in the corporate governance landscape in the United States and Europe. Due to public opinion, this new form of shareholder activism is accompanied by much polemic. This study examines the nature of hedge fund activism, the types of them, and the market's perception of interventions in the United States. Starting with a distinction between shareholder activism by traditional institutions, and activism performed by hedge funds, the study elucidates why the latter may be more ef