Essays about: "Shareholder activism"

Showing result 11 - 15 of 24 essays containing the words Shareholder activism.

  1. 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 finansiering

    Author : Paksiree Chantrakooptungool; Jingxiao Du; [2017]
    Keywords : socially responsible mutual funds; proxy voting; exit; shareholder activism; socially responsible investment;

    Abstract : 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

  3. 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 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

  4. 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 institutionen

    Author : Robert Zantinge; [2017]
    Keywords : Corporate Social Responsibility CSR ; Shareholder activism; Thomson Reuters Asset4; Proxy Monitor; internationalization; social CSR performance; environmental CSR performance.;

    Abstract : .... READ MORE

  5. 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 ekonomi

    Author : Stanislava Podlesnaya; [2017]
    Keywords : Shareholder activism; Hedge funds; M A; Buyout; Event study;

    Abstract : 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

  6. 15. Size Matters: An Empirical Analysis of Activist Hedge Funds

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Carl Magnus Behm; Erik Hedensiö; [2016]
    Keywords : Hedge Fund Activism; Shareholder Activism; Fund Size; Investment Size; Abnormal Returns;

    Abstract : 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