Ameer, Rashid; Rahman, Rashidah Abdul - In: Asian Academy of Management Journal of Accounting and … 5 (2009) 1, pp. 67-92
This paper investigates the impact of the Minority Shareholder Watchdog Group (MSWG) activism on the performance of targeted firms in Malaysia. We find that MSWG-targeted firms earn statistically significantly higher stock returns than non-targeted firms in the long run. The results of various...