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, and 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.”
Copyright held by David F. Larcker and Brian Tayan. Further inquiries about reproduction and use should be directed to the Corporate Governance Research Initiative.
