Shareholder Activism

By David F. LarckerBrian Tayan
CGRI Quick Guide Series
Corporate Governance Research Initiative
 November2017
Accounting
Corporate Governance
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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.”