Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 6 of 6 for “"hedge fund activism"”.
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Essays on Hedge Fund Activism and Family Firm
This dissertation has two essays covering hedge fund activism and family firm. In the first essay of my dissertation, I investigate how hedge fund activism reengineer corporate culture of targeted firms. By using culture measures based on the Q&A section of earnings conference calls, I find that …
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The Evolution of Hedge Fund Activism: From Corporate Raiders to Sustainability Crusaders?
The prevailing rhetoric associated with hedge fund activism is almost universally negative. This thesis provides new evidence of activist hedge fund behavior that contradicts this dominant narrative. The principal idea underpinning the thesis is that the conventional picture of hedge fund activism …
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Corporate Governance and Institutional Trading
… The first part examines the preventive effect of hedge fund activism against corporate policy deviations. Using stock liquidity and mutual fund fire sales as instruments, I find that when the likelihood of hedge fund activism increases, firms respond by paying shareholder more and CEOs less, …
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Hedge Fund Ownership and Auditor-Client Contracting In U.S. Firms
<p>Hedge funds have grown rapidly in the last two decades, from managing assets worth approximately $600 billion in 2003 to over $3 trillion in 2017. As hedge funds themselves have grown, so too have concerns about their involvement with publicly traded companies and their effect on various …
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Hedgefonds in Deutschland und die Auswirkungen auf Corporate Governance im Sinne des Deutschen Corporate Governance Kodex
This thesis investigates what implications hedge funds have on the corporate governance in accordance with the German Corporate Governance Code (GCGC) of listed companies in Germany. By using an extensive hand-collected data set of more than 200 potential target companies across the four major …
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Two Essays on Executive Compensation
… horizon of the firm. We extend our results to hedge fund activism and document a negative relation between hedge fund activism and pay duration, which is consistent with our argument. Overall our results suggest that shareholders structure CEO pay in a way that is consistent with their …