This article aims to describe the contemporary objectives and tactics of activist hedge funds as well as the actions taken by the targeted companies as a result of their intervention. In this research, we explore the consequences of activism over time (impact on operational performance and share...

The presentation is following the publication of two papers by the Institute for Governance of Private and Public Organizations answering the question “Does hedge fund activism create long-term shareholder value?” In the presentation, the question is rephrased to consider whether activist...

A subset of so-called hedge funds, henceforth known as “activists”, has latched on the idea that many corporations are not managed or governed in a manner likely to maximize value for shareholders. With the capital they have obtained from pension funds and other institutional investors, they...