fund activism to increase shareholder value. However, understanding engagement does not directly translate into … understanding the consequences for the target firm. Therefore, this thesis provides a theoretical model grounded in shareholder … hedge fund activists often advocate for measures aimed at unlocking immediate shareholder value, while the long …

the literature on shareholder activism and its effect on firm value in the longrun. This synthesis is necessary because … shareholder activism is increasing over time and across countries. The study shows that the conclusion as to whether activism is …