Essays about: "hedge fund."

Showing result 16 - 20 of 80 essays containing the words hedge fund..

  1. 16. 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

  3. 17. Operational Due Diligence of Hedge Funds: Evaluating The Risk of Fraud

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Stefan Igerud; Robin Andersson; [2019]
    Keywords : Hedge Fund; Fraud; Operational Risk; Institutional Investment; Short Track-record; Young Hedge Funds; Business and Economics;

    Abstract : Aim: The aim of the thesis is to examine whether the current operational due diligence process encapsulates the most significant factors to assess the risk of fraudulent behavior prior to investing in a hedge fund, and also to analyze how the due diligence should be performed if a hedge fund lack a long track-record. Methodology: A qualitative multi-method approach was used. READ MORE

  4. 18. 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. 19. The returns of Hedge Funds- A comparative study of performance

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Nils Dominguez Berndtsson; [2018]
    Keywords : Hedge Funds; risk-adjusted returns; excess returns; decreasing returns to scale; Berk and Green model; Business and Economics;

    Abstract : In this thesis we test the performance of hedge funds against several fund specific variables, mainly fund size. As a measure of the hedge funds performance we employ both excess and risk-adjusted returns. The first part the thesis employs unbalanced panel regressions where hedge funds excess returns are run on several fund specific variables. READ MORE

  6. 20. 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