TY - JOUR
T1 - Brave new world
T2 - A proposal for institutional investors
AU - Hannes, Sharon
PY - 2015/1/1
Y1 - 2015/1/1
N2 - The purpose of this Article is to consider a novel framework for institutional shareholders' activism in the United States. This new activism framework would be aimed at improving, at minimal costs, the performance of the portfolio companies in which institutional shareholders invest. The Article begins by laying out this new activism framework and then compares the proposed framework with the prevalent mode of activism through hedge funds. The Article concludes with a discussion of certain implementation challenges, and calls for future research into the proposed activism framework.
AB - The purpose of this Article is to consider a novel framework for institutional shareholders' activism in the United States. This new activism framework would be aimed at improving, at minimal costs, the performance of the portfolio companies in which institutional shareholders invest. The Article begins by laying out this new activism framework and then compares the proposed framework with the prevalent mode of activism through hedge funds. The Article concludes with a discussion of certain implementation challenges, and calls for future research into the proposed activism framework.
UR - http://www.scopus.com/inward/record.url?scp=84922845664&partnerID=8YFLogxK
U2 - 10.1515/til-2015-010
DO - 10.1515/til-2015-010
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AN - SCOPUS:84922845664
SN - 1565-3404
VL - 16
SP - 245
EP - 265
JO - Theoretical inquiries in law
JF - Theoretical inquiries in law
IS - 1
ER -