Few doubt that hedge fund activism has radically changed corporate governance in the United States -- for better or for worse. Proponents see activists...
Hedge fund activism is a new form of arbitrage. Using a large hand-collected data set from 2001 to 2006 we find that activist hedge funds in the U.S. propose...
Hedge funds have become active in corporate governance. They push for changes in strategy and the adoption of specific business plans. Their tactics...
ecent years have seen the rise of short campaigns by hedge funds. Nearly 80% of campaigns are undertaken by activist hedge funds, particularly those that...