Saturday, February 17, 2007

A Good Word for Hedge Fund Activism - New York Times

A Good Word for Hedge Fund Activism - New York Times: "...the evidence shows that for the most part, buy-and-hold investors ought to cheer when hedge funds jump aggressively into a stock, according to a new study. Titled “Hedge Fund Activism, Corporate Governance and Firm Performance,” it was written by Alon Brav, a finance professor at Duke; Wei Jiang, an associate professor of finance and

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