Shareholder Activism

Shareholder Activism

By
David F. Larcker, Brian Tayan
CGRI Quick Guide Series. Corporate Governance Research Initiative, November
2017

This Research Spotlight provides a summary of the academic literature on shareholder activism, including:

  • The impact of union activism on corporate outcomes.
  • The performance of socially responsible investment funds.
  • The impact of activist hedge funds on effecting change.
  • The impact of activist hedge funds on short- and long-term corporate performance.

This Research Spotlight expands upon issues introduced in the Quick Guide “Investors and Activism.”