We measure value creation by activist investors via structural estimation of a model of the choice between passive investment and activism. Our estimates imply that average returns following activist intent announcements consist of 74.8% expected value creation, or treatment, 13.4% stock picking, and ...
BCG's experts can help businesses define a winning value creation strategy as well as ensuring a shareholder activism defense plan is in place. Find out more.
Use an activist mindset to create value in tech companies Shareholder activism is a fact of corporate life. By understanding the trends and being prepared, companies can stay ahead of the critics. Learn more. 27 Jan 2023Ray Anderson+1
Shareholder activism has increasingly become a widespread value enhancementstrategy for institutional investors in the UK. However, thus far only one paper has reporteda clinical study to analyse its impact on target firms (Becht et al, ... T Broadhurst 被引量: 0发表: 2009年 Strategies for sha...
The Politics of Corporate Control and the Future of Shareholder Activism in the United States Over the past eleven years, activists – particularly public pension funds such as the California Employees Retirement System (CalPERS) – are credited wit... Tracy,A.,Thompson,... - 《Corporate ...
This study examines the relationship between multidimensional corporate social performance (CSP) and shareholder value, considering the moderating impacts of country-specific factors: economic development, the political system, and culture. Based on a sa
Ken Squire is the founder and president of 13D Monitor, an institutional research service on shareholder activism, and the founder and portfolio manager of the 13D Activist Fund, a mutual fund that invests in a portfolio of activist 13D investments. Healthcare Realty Trust...
Responsible ownership, shareholder value and the new shareholder activism - Hendry, Sanderson, et al. - 2007Hendry, J., Sanderson, P., Barker, R., & Roberts, J. (2007). Responsible ownership, shareholder value and the new shareholder activism. Competition & Change, 11 (3), 223–240....
The Company's Board and Management, Under Chairman and CEOSeifi Ghasemi'sLeadership, Have Delivered Over$44 Billionin Shareholder Value Creation1 Continues to Successfully Execute Two-Pillar Growth Strategy to Grow Core Industrial Gas Business While Capitalizing on First-Mover Advantage in...
Kivleniece and Quelin (2012) examined value creation and capture in public-private collaboration and stated that private actors’ involvement might be jeopardised if public partner opportunism or external stakeholder activism restrained private actors’ value capture. The empirical results of Poulain-Rehm...