The Impact of Hedge Fund Activism: Evidence and Implications
Series number :
- hedge fund •
- institutional investor •
- Schedule 13D •
- shareholder activism •
- Williams Act •
- wolf pack
Hedge fund activism has increased almost hyperbolically. Some view this optimistically as a means for bridging the separation of ownership and control; others are more pessimistic, seeing mainly wealth transfers from bondholders or speculative expectations of a takeover as fueling the spike.
ordering (through techniques such as a ?window-closing? poison pill) could achieve at
least as much as regulatory changes.