The Real Effects of Hedge Fund Activism: Productivity, Asset Allocation, and Labor Outcomes
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This paper studies the long-term effect of hedge fund activism on the productivity of target firms using plant-level information from the U.S. Census Bureau. A typical target firm improves its production efficiency in the three years after an activist intervention, and the improvements are most
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美国国家经济研究局创建时间：
2011-10-01
