Why is hedge fund activism procyclical?
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More about this item
Keywords
Career concerns; Corporate governance; Hedge funds; Shareholder activism;All these keywords.
JEL classification:
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
- G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
NEP fields
This paper has been announced in the following NEP Reports:- NEP-FMK-2013-04-13 (Financial Markets)
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