Essays about: "Shareholder Activism"
Showing result 11 - 15 of 24 essays containing the words Shareholder Activism.
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11. Socially responsible mutual fund activism - evidence from socially responsible mutual fund proxy voting and exit behavior
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : We investigate whether socially responsible mutual funds attempt to make positive changes when casting proxy votes of their portfolio firms. Our data covers 232,680 voting decisions made by 41 socially responsible mutual funds voted on between July 2011 and June 2016. READ MORE
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12. Shareholder altruism or corporate piracy? - Operational performance of companies targeted by activist hedge funds
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : 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
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13. Shareholder activism: performing for publicity or actual policy change? : The influence of social and environmental shareholder activism on CSR performance.
University essay from Uppsala universitet/Företagsekonomiska institutionenAbstract : .... READ MORE
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14. Buying to be bought out: An empirical study of shareholder activists chasing superior returns by guiding their targeted companies into being acquired in an M&A transaction
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : In our thesis we examine the shareholder activism strategy with a focus on attempting to gain superior returns by guiding the companies towards a sale. We specifically look at the wealth creation effect at companies that are targeted by activists, using the event study method and try to tie the abnormal returns of their involvement to the level of premia offered in a later buyout with a simple OLS regression. READ MORE
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15. Size Matters: An Empirical Analysis of Activist Hedge Funds
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : The purpose of this thesis is to examine whether large activist hedge funds on average earn lower returns than small activist hedge funds. The manually collected sample consists of 763 companies targeted by 104 hedge funds with an activist profile in the period 2000-2014 in the United States. READ MORE