Tuesday, December 10, 2013
Governance Under the Gun: Spillover Effects of Hedge Fund Activism
By Nickolay Gantchev - Finance Area, Oleg Gredil - Kenan-Flagler Business School, and Chotibhak Jotikasthira - Kenan-Flagler Business School of the University of North Carolina at Chapel Hill
Does an activist intervention at one firm impact the valuation and performance of others? In their paper, the authors attempt to answer this question by investigating such spillover effects at the industry level, and providing a step in understanding the broad market and social implications of hedge fund activism as a governance device.
Download the full article here.
From the December 2013 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.
Does an activist intervention at one firm impact the valuation and performance of others? In their paper, the authors attempt to answer this question by investigating such spillover effects at the industry level, and providing a step in understanding the broad market and social implications of hedge fund activism as a governance device.
Download the full article here.
From the December 2013 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.
Labels: Barclay Insider Report, Barclay Insider Report Guest Article, hedge fund due diligence, hedge fund risk, hedge funds
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