Essays about: "Activist ownership"

Showing result 1 - 5 of 7 essays containing the words Activist ownership.

  1. 1. ESG CONTRACTING: GREED OR GREEN? A GLOBAL STUDY OF OWNERSHIP INFLUENCE AND VALUE CREATION IN REGARD TO ESG CONTRACTING

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Rebecka Mannerford; Adèle Sveger; [2023]
    Keywords : ESG contracting; Activist ownership; Institutional ownership; Corporate governance; Agency theory;

    Abstract : This study investigates institutional and activist ownership pressure for implementing ESG contracting, and the potential value creation that follows in terms of financial and ESG performance. Using data from 11,521 publicly listed firms worldwide in the period 2007-2022, this longitudinal study employs a multivariate regression model in order to understand whether certain shareholders push for ESG contracting, and whether ESG contracting mitigates or reinforces agency costs. READ MORE

  2. 2. 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

  3. 3. The Nature Of Chapter-22 Debtors - Forecasting Bankruptcy Recidivism Through a Novel Distress Predictor Model

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Niranjan Bhardwaj; Samuel Vrbovsky; [2022]
    Keywords : Bankruptcy; Restructuring; Debt;

    Abstract : This paper investigates the determinants of bankruptcy recidivism in U.S. courts using a sample of large Chapter 11 cases. We develop, through a series of logistic regressions, a novel distress predictor model that provides insights into variables that are critical to predicting bankruptcy recidivism. READ MORE

  4. 4. 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

  5. 5. 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