Activist Directors

"Activist Directors and Agency Costs: What Happens When an ...

We develop and apply a new and more rigorous methodology by which to measure and understand both informed trading and the agency costs of hedge fund ...

Dealing with Activist Directors on the Board

Companies often distinguish between an activist insider director and an activist outsider director, and take extra care to welcome the latter as true ...

Activist Directors: Determinants and Consequences

Using a sample of 3,259 activism events from 2004 to 2016, we identify 1,623 activist directors. Compared to other newly appointed directors, these activist ...

"Activist Directors and Agency Costs: What Happens When an ...

We develop and apply a new and more rigorous methodology by which to measure and understand both insider trading and the agency costs of hedge fund activism.

The director's guide to shareholder activism - PwC

Directors can help ensure the company anticipates which activists might target the company, and which issues they might raise. By being familiar with activism ...

The director's guide to shareholder activism

The nature of shareholder activism, the key players, their preferred methods and their typical targets all tend to shift along with investment and business ...

Activist Directors and Information Leakage - NYU Law

Under these agreements, incumbent directors often agree to appoint to the board a new director or directors of the activist's choice. In 2016, for example ...

The Director's Guide to Shareholder Activism

This post is divided into two principal parts. The introduction analyzes the most important current trends in shareholder activism.

The Determinants and Consequences of Appointing Activist Directors

Activist Directors – Determinants. Our research shows that activists are more likely to demand or acquire board representation if the firm has ...

Activist directors: determinants and consequences

Overall our analysis indicates that the presence of an activist director is associated with reduced acquisition activity and increased ...

Activists in the Boardroom: How to Prepare and Keep the Dialogue ...

Developing director confidentiality policies also becomes more important as activist directors join the board. A board director who is appointed by a fund ...

Think Like an Activist - Directors & Boards

Take a candid look at your company, focus on common triggers for activist engagement and, if there are issues, take proactive steps to address ...

Activist directors: Determinants and consequences - [email protected]

This paper examines the determinants and consequences of hedge fund activism with a focuson activist directors, i.e., those directors appointed in response ...

Activism Defense and Preparedness: Three ways boards can prepare

Boards of directors face intensifying scrutiny as never before — in particular from activist shareholders. We look at three practices for boards to ...

Should Directors Act Like Activists? - Korn Ferry

We argue that it's far better to challenge yourself as a board and win, rather than being driven to the same point by an activist.

What Directors Must Know to Prepare for Shareholder Activism

The best way to make sure an activist does not engage with your company is to significantly outperform the market and your peers over every ...

Activist Investor: Definition, Role, Biggest Players - Investopedia

Activist investors buy minority stakes in public companies to change how they are run. · If they fail to persuade company managers, they may wage a proxy fight ...

Activist Investors Take On the Board - Korn Ferry

Activists, those pesky investors who buy a small stake with the goal of making big changes to a company, are no longer the short-term players gunning for a ...

Corporate social responsibility in the age of activist directorships

Research Summary We draw attention to a rapidly emerging phenomenon—the appointment of activist-nominated directors to boards—that could ...

A Strategist's Take on Shareholder Activism - Tuck School of Business

Who really controls public companies? Some might say it's the CEO and other top executives. Others may argue it's the board of directors.