Essays in corporate finance
Chapter 1 shows how blockholder disclosure thresholds regulate market transparency and, in turn, hedge fund activism. We characterize how disclosure thresholds structure the complex interactions between (a) initial investors in a firm who value the value-enhancing disciplining effects of activism on...
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University of Warwick
2017
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Online Access: | https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.752443 |