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Does hedge fund activism improve investment efficiency?
16 references·0 citing·34 second hop
Does hedge fund activism improve investment efficiency? (2023)Does hedge fund activism improve investme…American Economic Review (2019)American Economic ReviewBehind the Scenes: The Corporate Governance Preferences of Institutional Investors (2016)Behind the Scenes: The Corpor…Financial Reporting Quality and Investment Efficiency of Private Firms in Emerging Markets (2011)Financial Reporting Quality a…How does financial reporting quality relate to investment efficiency? (2009)How does financial reporting …Hedge Fund Activism, Corporate Governance, and Firm Performance (2008)Hedge Fund Activism, Corporat…The Evolution of Shareholder Activism in the United States* (2007)The Evolution of Shareholder …Over-investment of free cash flow (2006)Over-investment of free cash …Enjoying the Quiet Life? Corporate Governance and Managerial Preferences (2003)Enjoying the Quiet Life? Corp…Agency costs of free cash flow, corporate finance, and takeovers (1996)Agency costs of free cash flo…The investment opportunity set and corporate financing, dividend, and compensation policies (1992)The investment opportunity se…Management entrenchment (1989)Management entrenchmentFinancing Constraints and Corporate Investment (1988)Financing Constraints and Cor…Too Much Investment: A Problem of Asymmetric Information (1987)Too Much Investment: A Proble…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…The Modern Corporation and Private Property (1933)The Modern Corporation and Pr…Determinants of corporate borrowing (1977)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Higher market valuation of companies with a small board of directors (1996)Corporate governance, chief executive officer compensation, and firm performance (1999)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Separation of Ownership and Control (1983)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Corporate Governance and Equity Prices (2003)Tobin's q, Corporate Diversification, and Firm Performance (1994)Diversification's effect on firm value (1995)A Survey of Corporate Governance (1997)CEO Overconfidence and Corporate Investment (2005)What Matters in Corporate Governance? (2008)Does the stock market fully value intangibles? Employee satisfaction and equity prices (2011)GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS (1982)Two Agency-Cost Explanations of Dividends (1984)Corporate performance and managerial remuneration (1985)What Do We Know about Capital Structure? Some Evidence from International Data (1995)The Nature of the Firm (1937)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The Pricing of Options and Corporate Liabilities (1973)An Integrative Model Of Organizational Trust (1995)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Capital Structure Puzzle (1984)Government intervention and investment efficiency: Evidence from China (2010)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Threshold effects in non-dynamic panels: Estimation, testing, and inference (1999)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)A review of tax research (2010)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Textual Analysis in Accounting and Finance: A Survey (2016)Upper Echelons: The Organization as a Reflection of Its Top Managers (1984)The Promise of Enterpreneurship as a Field of Research (2000)The Economics of Climate Change (2007)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 2019American Economic Review11,235 cited
  • 1996Agency costs of free cash flow, corporate finance, and takeovers9,308 cited
  • 1988Financing Constraints and Corporate Investment5,566 cited
  • 2003Enjoying the Quiet Life? Corporate Governance and Managerial Preferences3,773 cited
  • 1992The investment opportunity set and corporate financing, dividend, and compensation policies3,591 cited
  • 2009How does financial reporting quality relate to investment efficiency?3,211 cited
  • 2006Over-investment of free cash flow2,918 cited
  • 1989Management entrenchment2,155 cited
  • 1933The Modern Corporation and Private Property1,615 cited
  • 2008Hedge Fund Activism, Corporate Governance, and Firm Performance1,510 cited
  • 2016Behind the Scenes: The Corporate Governance Preferences of Institutional Investors1,492 cited
  • 2011Financial Reporting Quality and Investment Efficiency of Private Firms in Emerging Markets1,260 cited
  • 1987Too Much Investment: A Problem of Asymmetric Information

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879 cited
  • 2007The Evolution of Shareholder Activism in the United States*838 cited
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