Does shareholder activism help or hinder shareholder value enhancement? : empirical evidence from the UK

Shareholder activism has increasingly become a widespread value enhancement strategy for institutional investors in the UK. However, thus far only one paper has reported a clinical study to analyse its impact on target firms (Becht et al, 2008) in contrast to numerous papers based on US data. The UK...

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Bibliographic Details
Main Author: Broadhurst, Timothy
Other Authors: Sudarsanam, P. S.
Published: Cranfield University 2009
Subjects:
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.512759