Why Activist Hedge Funds Target Socially Responsible Firms
The Effects of Hedge Fund Activism Versus Corporate Shareholder ...
Using a matched sample and difference-in-differences methodology, we find support for our theory: Firms targeted by hedge fund activists ...
The Wolf at the Door: The Impact of Hedge Fund Activism on ...
38, finds that target firms of activist hedge funds earned on average 3.4 ... hedge fund—who were not responsible for the original idea). By shortening ...
Shareholder Activism - Eurekahedge
On the contrary, we think activist tools, in the hands of elite investors, are powerful vehicles for enhancing investment returns, and we view dedicated ...
ESG-Focused Hedge Fund Activism: 5 Best Practices for ...
Don't allow nominee selections to hamstring the effort. · Communicate with and garner support of other relevant actors. · Target companies with ...
Dealing with Activist Hedge Funds - WLRK
Among the major companies that have been targeted are Amgen, Apple, Microsoft, Sony,. General Motors, Qualcomm, Hess, P&G, eBay, Transocean, ITW, DuPont, and ...
Thirty years of shareholder activism: A survey of empirical research
Hedge fund activism and proxy fights lie between these two extremes in the “congealing of share votes,” as they are associated with toehold investments by the ...
Activist Hedge Funds Can Smell Greenwashing, Study Finds
Although social responsibility can put an target on a company's back, management teams that clearly articulate their operational and financial ...
Hedge Fund Activism, Corporate Governance, and Firm Performance
funds continued to press activist agendas, including corporate governance reform and a range of social ... What type of companies do activist hedge funds target?
Interpretable Machine Learning Models for Predicting the ... - arXiv
Activist funds are a distinct class of investment funds that seek to effect change within their portfolio companies, not just through investment but by ...
institutional investors, activist hedge funds, and firm management. In this ... Once an activist hedge fund announces its target and begins.
Shareholder activism - Wikipedia
Activism may help to address the principal-agent problem where the management (agents) do not adequately respond to the wishes of the principals (investors) of ...
How shareholder activists create value: Overview and impact of their ...
Several company characteristics increase the likelihood of attracting hedge fund activists. Indeed, similarly to companies targeted by private equity investors,.
What Is Activist Investing? A Catalyst for Change - Olstein Funds
Characteristics of companies targeted by activist investors include high cash balances, strong cash flows, high book-to-market values, excessive executive ...
Wachtell Lipton Memo: Dealing with Activist Hedge Funds and Other ...
In addition to traditional hedge fund activism—which is primarily focused on driving economic returns—recent years have also seen issue-oriented ...
Shareholder Activism: A Multidisciplinary Review - Activist Insight
The impact of hedge fund activism on the target firm's existing bondholders. ... The maturing of socially responsible investment: A review of the developing link ...
Disentangling the effects of hedge fund activism on firm financial ...
Research Summary We investigate how hedge fund activism affects firms' financial and social performance. So far, research has examined either the impact of ...
Activist investment firms thriving, but take different tacks on ...
A fair number of activist hedge funds have shifted to long-only activist strategies and, as a result, "there are more funds than ever doing ...
Activist Hedge Funds: Full Guide - Mergers & Inquisitions
Activist Investment Strategies · “Friendly Engagement” – These firms typically try to get on friendly terms with management and negotiate changes behind the ...
Activist Investors - CFA, FRM, and Actuarial Exams Study Notes
However, they all share a common objective of advocating for change in their target companies. The goal of activist investing could be ...
Mark DesJardine - Google Scholar
Why activist hedge funds target socially responsible firms: The reaction costs of signaling corporate social responsibility. MR DesJardine, E Marti, R Durand.