Sökning: "Hedge Fund Activism"

Visar resultat 6 - 10 av 13 uppsatser innehållade orden Hedge Fund Activism.

  1. 6. Market Reactions to Hedge Fund Activism in Europe - An Empirical Study

    Kandidat-uppsats,

    Författare :Philip Linderum; Daniel Karlsson; [2018-06-26]
    Nyckelord :Corporate goverance; Hedge funds; Activism; Europe; Event studies;

    Sammanfattning : Activism is on the rise in Europe. In recent years, hedge funds have begun to target firms across the continent with the intent of generating profits through exercising shareholder rights to prompt change and address inefficiencies. LÄS MER

  3. 7. Hedge Fund Activism in the United Kingdom

    C-uppsats, Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Författare :Johan Berglund; Fredrik Biesèrt; [2018]
    Nyckelord :Hedge Fund Activism; Shareholder Activism; Agency Theory; Operational Performance; Capital Structure;

    Sammanfattning : In this study, we investigate if hedge fund activists in the United Kingdom improve the operating performance or alter the capital structure of target firms. We do this by examining operating performance and capital structure of activist targets relative to non-target matched peers pre and post activist intervention. LÄS MER

  4. 8. Shareholder altruism or corporate piracy? - Operational performance of companies targeted by activist hedge funds

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Författare :Wilhelm Börjesson; Jakob Kyllenbeck; [2017]
    Nyckelord :Hedge fund activism; Shareholder activism; Operational performance;

    Sammanfattning : In this study, the operational performance of companies subject to hedge fund activism is investigated. We study 689 companies in the Unites States and Europe between 2000-2015 and find that companies targeted by activist hedge funds outperform their control firms with regard to appreciation in valuation and capital efficiency, e.g. LÄS MER

  5. 9. Size Matters: An Empirical Analysis of Activist Hedge Funds

    C-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Carl Magnus Behm; Erik Hedensiö; [2016]
    Nyckelord :Hedge Fund Activism; Shareholder Activism; Fund Size; Investment Size; Abnormal Returns;

    Sammanfattning : The purpose of this thesis is to examine whether large activist hedge funds on average earn lower returns than small activist hedge funds. The manually collected sample consists of 763 companies targeted by 104 hedge funds with an activist profile in the period 2000-2014 in the United States. LÄS MER

  7. 10. Trends in Abnormal Returns to Hedge Fund Activism: An Empirical Analysis

    C-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Johan Karlsson; Oliver Kull; [2015]
    Nyckelord :Hedge Fund Activism; Shareholder Activism; Abnormal Returns;

    Sammanfattning : Using a manually collected dataset of 2111 hedge fund activist campaigns, spanning the years 1999-2014, we find that the abnormal returns in the activist market exhibited a declining trend in the early years of the sample period. Since 2002 abnormal returns have been stable around 6-9% and show no signs of approaching zero. LÄS MER