Standing on the Shoulders of Giants: The Effect of Passive Investors on Activism
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下载链接：
https://www.nber.org/papers/w22707
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资源简介：
We analyze whether the growing importance of passive investors has influenced the campaigns, tactics, and successes of activists. We find activists are more likely to pursue changes to corporate control or influence (e.g., via board representation) and to forego more incremental changes to corporate
提供机构：
美国国家经济研究局
创建时间：
2016-10-01
