Harvard Corporate Governance

AUGUST 1, 2023

A review of five-and-a-half years of shareholder activism campaign data reveals important (but often overlooked) observations about this increasingly popular investment approach, used broadly by hedge funds and other investors to influence how U.S. Our empirical review included campaigns waged between 2018 and H1 2023 at U.S.

Marketability 242

Marketability Total Shareholder Return Alpha Market Capitalization 242

Value Scope

JULY 21, 2020

In 2018, the number was about $5 billion. How do you justify making substantial investments and fundamental changes to corporate structures and culture without empirical evidence that it will make a direct impact on shareholder value, total shareholder return, net present value, and individual rates of return?

Intangible Assets 130

Intangible Assets Beta Alpha Unlevered Beta 130

Value Scope

SEPTEMBER 24, 2020

In 2018, the number was about $5 billion. “The How do you justify making substantial investments and fundamental changes to corporate structures and culture without empirical evidence that it will make a direct impact on shareholder value, total shareholder return, net present value, and individual rates of return? .

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130

Cooley M&A

JANUARY 30, 2025

2024 was a prolific year for activists, with 243 campaigns launched globally the highest number since 2018. Monitoring performance relative to peers, including on a total shareholder return basis over one-, three- and five-year periods. US activity was up modestly, and a busy year in Asia offset a quieter year in Europe.

Total Shareholder Return 93

Total Shareholder Return Marketability Technology 93

Global Finance

APRIL 5, 2025

median excess total shareholder returns per year, according to Van Oostende. JX Advanced Metals managed to raise 439 billion yen ($3 billion) on March 10, becoming Japans biggest IPO since SoftBanks telecom unit in 2018. A renewed interest in IPOs will also give investment banking a boost.

Banking 52

Banking Private Equity Firm Finance Debt Financing 52