Institutional investor activism : hedge funds and private equity, economics and regulation / / edited by William W. Bratton and Joseph A. McCahery

• Pubblicazione: Oxford : , : Oxford University Press, , 2015
• Edizione: First edition.
• Descrizione fisica: 1 online resource (817 p.)
• Disciplina: 332.64524
• Soggetto topico: Institutional investments; Hedge funds; Private equity
• Persona (resp. second.): BrattonWilliam W.; McCaheryJoseph A.
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: ""Cover""; ""Institutional Investor Activism: Hedge Funds and Private Equity, Economics and Regulation""; ""Copyright""; ""Preface""; ""Acknowledgements""; ""Contents""; ""List of Figures""; ""List of Tables""; ""Table of Cases""; ""List of Contributors""; ""1. Introduction""; ""Part I The Disempowered Shareholder""; ""2. The Evolution of Shareholder Activism in the United States""; ""3. The Myth of the Shareholder Franchise""; ""4. Shareholder Activism through Proxy Proposals: The European Perspective""; ""Part II Hedge Fund Activism""
• Sommario/riassunto: The role of the hostile activist shareholder has been taken up by a set of hedge funds. Hedge fund activism is characterized by mergers and corporate restructuring, replacement of management and board members, proxy voting, and lobbying of management. These investors target and research companies, take large positions in their stock, criticize their business plans and governance practices, and confront their managers, demanding action enhancing shareholder value. This book analyses the impact of activists on the companies that they invest, the effects on shareholders and on activists funds themselves. Chapters examine such topic as investors' strategic approaches, the financial returns they produce, and the regulatory frameworks within which they operate. The chapters also provide historical context, both of activist investment and institutional shareholder passivity. The volume facilitates a comparison between the US and the EU, juxtaposing not only regulatory patterns but investment styles.-- Back cover.
• Titolo autorizzato: Institutional investor activism
• ISBN: 0-19-103979-9; 0-19-103978-0
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910824727803321
• Lo trovi qui: Univ. Federico II