Hedge Fund Activism : A Review By Alon Brav , Wei Jiang and

  title={Hedge Fund Activism : A Review By Alon Brav , Wei Jiang and},
  author={Alon Brav and Wei Jiang and Hyunseob Kim},
This monograph reviews shareholder activism by hedge funds. We first describe the nature and characteristics of hedge fund activism, including the objectives, tactics, and choices of target companies. We then analyze possible value creation brought about by activist hedge funds, both for shareholders in the target companies and for investors in the hedge funds. The evidence generally supports the view that hedge fund activism creates value for shareholders by effectively influencing the… CONTINUE READING
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