| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w21227 |
| 来源ID | Working Paper 21227 |
| The Long-Term Effects of Hedge Fund Activism | |
| Lucian A. Bebchuk; Alon Brav; Wei Jiang | |
| 发表日期 | 2015-06-08 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | We test the empirical validity of a claim that has been playing a central role in debates on corporate governance—the claim that interventions by activist hedge funds have a negative effect on the long-term shareholder value and corporate performance. We subject this claim to a comprehensive empirical investigation, examining a long five-year window following activist interventions, and we find that the claim is not supported by the data. |
| 主题 | Financial Economics ; Portfolio Selection and Asset Pricing ; Financial Institutions ; Corporate Finance ; Other ; Law and Economics |
| URL | https://www.nber.org/papers/w21227 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578902 |
| 推荐引用方式 GB/T 7714 | Lucian A. Bebchuk,Alon Brav,Wei Jiang. The Long-Term Effects of Hedge Fund Activism. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
