The Activist Investing Resource Blog is a central repository for published works concerning shareholder activism


The purpose of the Resource Center is to provide valuable insight for anyone interested in financial-oriented activist investing strategies.


This site contains several presentations given by leading experts at various conferences on shareholder activism.

We also have a bookstore along with several scholarly works and published papers - which we have categorized for your convenience.


THESE CATEGORIES INCLUDE:

General Commentary

Corporate Defense Strategies

Acquisition Strategies

Corporate Governance

Hedge Fund Activists & Proxy Fights

Tracking Hedge Fund Activism


Please send us any articles or presentations you think will be a good fit for this site.


Sincerely,
David Schatz
dschatz@hedgerelations.com

Corporate Defense Strategies

Staggered Boards and the Wealth of Shareholders: Evidence from a Natural Experiment
November 2010
Lucian Bebchuk, Harvard University
Alma Cohen, Tel Aviv University
Charles Wang, Stanford University
The Paper is Available Here


Poison Pill Securities: Stockholder Wealth, Profitability, and Ownership Structure
September 2008
Paul Malatesta, University of Washington
Ralph Walking, Drexel University (Lebow)
The Paper is Available Here

On the Validity of Poison Pill By-Laws
June 2006
Lucian Bebchuk, Harvard University
Jay Eisenhofer, Stuart Grant, Michael Barry, P. Bradford DeLeeuw
The Paper is Available Here

Governance Mechanisms and Effective Activism: Evidence from Shareholder Proposals on Poison Pills
January 2006
Miereia Gine, University of Pennsylvania
Rabih Moussawi, University of Pennsylvania
The Paper is Available Here 

Removing Poison Pills: A Case of Shareholder Activism
October 2006
Ali C. Akyol, University of Melbourne
Carolyn Carrol, University of Alabama
The Paper is Available Here




Staggered Boards, Managerial Entrenchment, and Dividend Policy
March 2009
Pornsit Jiraporn, Pennsylvania State University
Pandej Chintrakarn, MUIC
The Paper is Available Here

The Powerful Antitakeover Force of Staggered Boards: Theory, Evidence, and Policy
April 2009
Lucian Bebchuk, Harvard Law School
John Coates, IV, Harvard Law School
Guhan Subramanian, Harvard Business School
The Paper is Available Here




Do Antitakeover Defenses Decrease Shareholder Wealth? The Ex Post/ Ex Ante Valuation Problem
February 2003
Lynn Stout, UCLA School of Law
The Paper is Available Here


Takeover Defenses in the Shadow of the Pill: A Critique of the Scientific Evidence
November 2008
John Coates, IV, Harvard Law School
The Paper is Available Here




A Safe Landing? Golden Parachutes and Corporate Behavior
August 1998
M.P. Narayanan, University of Michigan
Anant Sundaram, Dartmouth College (Tuck)
The Paper is Available Here

On the Importance of Golden Parachutes
August 2010
Eliezer Fich, Drexel University
Anh Tran, City University London
Ralph Walking, Drexel University
The Paper is Available Here

The Costs of Entrenched Boards
April 2009
Lucian Bebchuk, Harvard University
Alma Cohen, Tel Aviv University
The Paper is Available Here

*The Image is Extracted From Here