Thirty years of shareholder activism: A survey of empirical research
MR Denes, JM Karpoff, VB McWilliams - Journal of Corporate Finance, 2017 - Elsevier
We summarize and synthesize the results from 73 studies that examine the consequences of
shareholder activism for targeted firms, and draw two primary conclusions. First, activism that …
shareholder activism for targeted firms, and draw two primary conclusions. First, activism that …
Returns to hedge fund activism: An international study
This paper provides evidence on the incidence, characteristics, and performance of activist
engagements across countries. We find that the incidence of activism is greatest with high …
engagements across countries. We find that the incidence of activism is greatest with high …
Institutional investment horizons and firm valuation around the world
Using a comprehensive dataset of firms from 34 countries, we study the effect of institutional
investors' investment horizons on firm valuation around the world. We find a positive relation …
investors' investment horizons on firm valuation around the world. We find a positive relation …
[PDF][PDF] Sovereign wealth fund investment patterns and performance
We examine 802 investments by 33 Sovereign Wealth Funds (SWFs) in publicly traded
companies between May 1985 and November 2009, and find that SWFs tend to invest in …
companies between May 1985 and November 2009, and find that SWFs tend to invest in …
Connecting the dots: a systematic literature review on hedge fund activism
P Fiorillo, LR Pellegrino - Qualitative Research in Financial Markets, 2024 - emerald.com
Purpose This paper aims to systematically review, discuss and synthesize the current state
of research in the realm of hedge fund activism (HFA). By exploring HFA-related literature …
of research in the realm of hedge fund activism (HFA). By exploring HFA-related literature …
[PDF][PDF] The financial impact of sovereign wealth fund investments in listed companies
This paper initiates empirical research on the financial impact and wealth effects of
Sovereign Wealth Fund (SWF) investments in the stock of listed companies around the …
Sovereign Wealth Fund (SWF) investments in the stock of listed companies around the …
Corporate control and shareholder activism in Germany: An empirical analysis of hedge fund strategies
W Bessler, M Vendrasco - International Review of Financial Analysis, 2022 - Elsevier
Government-initiated reforms of the German financial system two decades ago shifted
corporate control activities from universal banks to capital markets. Hedge funds took …
corporate control activities from universal banks to capital markets. Hedge funds took …
Decentralized finance, crypto funds, and value creation in tokenized firms
DJ Cumming, N Dombrowski, W Drobetz… - Crypto Funds, and …, 2022 - papers.ssrn.com
Abstract Crypto Funds (CFs) represent a novel investor type in entrepreneurial finance. CFs
intermediate Decentralized Finance (DeFi) markets by pooling contributions from crowd …
intermediate Decentralized Finance (DeFi) markets by pooling contributions from crowd …
Performance of foundation-owned firms in Germany: The role of foundation purpose, stock market listing, and family involvement
To address succession issues, the owners of family firms increasingly transfer their equity to
family and charitable foundations, thereby creating so-called foundation-owned firms. This …
family and charitable foundations, thereby creating so-called foundation-owned firms. This …
Is the role of shareholder activism in corporate governance overestimated?
J Bajzik - Finance Research Letters, 2023 - Elsevier
Shareholder activism has become a prominent feature of corporate governance recently.
Therefore, I collected 3,159 estimates from 78 empirical studies investigating the …
Therefore, I collected 3,159 estimates from 78 empirical studies investigating the …