How Does Hedge Fund Activism Reshape Corporate Innovation?
收藏NBER2016-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w22273
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资源简介：
This paper studies how hedge fund activism reshapes corporate innovation. Firms targeted by hedge fund activists experience an improvement in innovation efficiency during the five-year period following the intervention. Despite a tightening in R&D expenditures, target firms experience increases in
提供机构：
美国国家经济研究局
创建时间：
2016-05-01
