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 …

Does Shareholder Activism Create Value? A Meta-Analysis

J Bajzik, T Havranek, Z Irsova, J Novak - 2023 - econstor.eu
We conduct a meta-analysis of 1,973 estimates of stock price responses to shareholder
activism reported in 67 primary studies. We document publication bias in the literature …

[图书][B] Do Shareholder Activism Announcements Affect Stock Prices?: A Meta-analysis

We conduct a meta-analysis of 1,973 estimates of stock price responses to shareholder
activism obtained from 67 primary studies. We find that the estimates of stock price reactions …

Are estimates of the impact of shareholder activism published selectively?

J Bajzika, T Havráneka, Z Iršováa, J Novák - 2023 - econstor.eu
Shareholder activism constitutes an increasingly prominent feature of corporate governance
landscape. There is a controversy in prior research over whether and how much value …