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Long-term economic consequences of hedge fund activist interventions |
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| Authors: | deHaan Ed Larcker David McClure Charles |
| Institution: | 1.Foster School of Business, University of Washington, Seattle, WA, USA ;2.Graduate School of Business, Rock Center for Corporate Governance, Stanford University, Stanford, CA, USA ;3.Booth School of Business, University of Chicago, Chicago, IL, USA ; |
| Abstract: | Review of Accounting Studies - We examine the long-term effects of interventions by activist hedge funds. Research documents positive equal-weighted long-term returns and operating performance... |
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