Returns to Shareholder Activism.

This article reports a unique analysis of private engagements by an activist fund. It is based on data made available to us by Hermes, the fund manager owned by the British Telecom Pension Scheme (BTPS), on engagements with management in companies targeted by its U.K. Focus Fund (HUKFF). In contrast...

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Bibliographic Details
Main Authors: Becht, M, Franks, J, Mayer, C, Rossi, S
Format: Working paper
Language:English
Published: Oxford Finance 2008