Essays about: "Shareholder activism"

Showing result 6 - 10 of 24 essays containing the words Shareholder activism.

  1. 6. 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

  3. 7. Does Hedge Fund Activism Create Value?

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Henrik Assarsson; Jacob Magnusson; [2019]
    Keywords : Hedge fund activism; abnormal returns; market efficiency; corporate governance; Business and Economics;

    Abstract : Using a data set of 139 events from 2006 to 2019, we demonstrate that announcements of hedge fund activism increases shareholder value in the short run. The abnormal return for the announcement of activism is approximately 6% over a [-10,+10] window. READ MORE

  4. 8. Shareholder Activism on Sustainability

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Fabian Roeben; [2019]
    Keywords : Shareholder activism; Corporate sustainability; ESG; Case study; Tieto;

    Abstract : The increasing prevalence of shareholder activism in Europe and the rising significance of corporate sustainability have motivated this paper to investigate the impact of shareholder activists on companies' sustainability performances. To examine this relationship, an event study on 59 shareholder activist campaigns from 2006 to 2017 is conducted utilizing Thomson Reuters' ESG database, which allows for a component analysis of the ESG framework. READ MORE

  5. 9. 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

  6. 10. Hedge Fund Activism in the United Kingdom

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

    Author : Johan Berglund; Fredrik Biesèrt; [2018]
    Keywords : Hedge Fund Activism; Shareholder Activism; Agency Theory; Operational Performance; Capital Structure;

    Abstract : In this study, we investigate if hedge fund activists in the United Kingdom improve the operating performance or alter the capital structure of target firms. We do this by examining operating performance and capital structure of activist targets relative to non-target matched peers pre and post activist intervention. READ MORE