Unexpected Corporate Outcomes from Hedge Fund Activism in Japan
Hedge fund activism has been identified in the USA as a driver of enduring corporate governance change and market perception. We investigate this claim...
Read moreHedge fund activism has been identified in the USA as a driver of enduring corporate governance change and market perception. We investigate this claim...
Read moreThis essay argues that, to address the Covid-19 crisis, in addition to creating a special temporary insolvency regime, relaxing provisions for...
Read moreThis article reports a unique analysis of private engagements by an activist fund. It is based on data made available to us by Hermes, the fund manager...
Read moreSay on pay is considered an important tool to mitigate inappropriate remuneration practices. Over the years, many countries provided shareholders...
Read moreWe study behind-the-scenes investor activism promoting environmental, social, and governance (ESG) improvements by means of a proprietary dataset...
Read moreWe study the impact of institutional investors' “voice” on 201 going private tender offers by controlling shareholders ("freeze-out" offers) in...
Read moreAn important milestone often reached in the life of an activist engagement is entering into a “settlement” agreement between the activist and the...
Read moreMajor index fund operators have been criticized as ineffective stewards of the firms in which they are now the largest shareholders. While scholars...
Read moreThere is growing interest in the phenomenon of international or transnational corporate law. This development is marked by its complexity. It involves...
Read moreWe look at the reaction to hedge fund activism of managers and shareholders in Japanese firms and explore the implications of our findings for agency...
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