Essays about: "Activist Funds"

Showing result 1 - 5 of 12 essays containing the words Activist Funds.

  1. 1. Decoding the Winning Strategy - An in-depth study of Swedish closed-end funds

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Fredrik Stenberg; Markus Albert; [2023]
    Keywords : Closed-end funds; predictability of stock returns; predicting investor targets; active ownership; Business and Economics;

    Abstract : The predictability of stock returns, prediction of buyout targets and value creation by activist owners are well-researched areas. However, Swedish closed-end funds' outstanding performance has received little attention. READ MORE

  2. 2. Does the Rise of Passive Investors Facilitate Hedge Fund Activism? An Empirical Analysis of Target Firm Value and Operating Performance

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Jan Gunell; Philip Linderum; [2020]
    Keywords : Hedge Fund Activism; Passive Investors; Corporate Governance; Firm Value; Operating Performance;

    Abstract : Recent years have witnessed a concurrent development in U.S. stock ownership with a growing presence of passive investors and an increasing activity of hedge fund activism. This thesis addresses the question whether this development is related, and more specifically, whether the growth of passive investors facilitates hedge fund activism. READ MORE

  3. 3. Differences in Value Creation - Hedge Fund versus Private Equity Activism - A cross-national comparison between Germany and Sweden

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Bjoern Henatsch; Korbinian Kummer; [2019]
    Keywords : Activism; Private Equity; Hedge Funds; Abnormal Returns; Value Creation;

    Abstract : Shareholder activism is on the rise all across the globe. Two of the most prominent and active players in the field are private equity investors and hedge funds. This paper analyzes announcement returns for a hand-collected sample of activist campaigns following the financial crisis in Germany and Sweden. READ MORE

  4. 4. Market Reactions to Hedge Fund Activism in Europe - An Empirical Study

    University essay from

    Author : Philip Linderum; Daniel Karlsson; [2018-06-26]
    Keywords : Corporate goverance; Hedge funds; Activism; Europe; Event studies;

    Abstract : Activism is on the rise in Europe. In recent years, hedge funds have begun to target firms across the continent with the intent of generating profits through exercising shareholder rights to prompt change and address inefficiencies. READ MORE

  5. 5. Shareholder altruism or corporate piracy? - Operational performance of companies targeted by activist hedge funds

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Wilhelm Börjesson; Jakob Kyllenbeck; [2017]
    Keywords : Hedge fund activism; Shareholder activism; Operational performance;

    Abstract : In this study, the operational performance of companies subject to hedge fund activism is investigated. We study 689 companies in the Unites States and Europe between 2000-2015 and find that companies targeted by activist hedge funds outperform their control firms with regard to appreciation in valuation and capital efficiency, e.g. READ MORE