ヘッジファンドが任命する取締役の影響

In a recent paper titled “The Long-term Efficacy of Activist Directors”, I find statistically meaningful empirical evidence to suggest that hedge fund activism generates substantial long-term value for target companies and its long-term shareholders when they function as a “shareholder advocate” to provide oversight of management through active board engagement.

via CLS Blue Sky Blog

アクティビスト(の影響)は近視眼的か

via Harvard Law School Forum on Corporate Governance and Financial Regulation