Paper: “Hedge Fund Activism: A Review”

Abstract. This article reviews shareholder activism by hedge funds. We first describe the nature and characteristics of hedge fund activism, including the objectives, tactics, and choices of target companies. We then analyze possible value creation brought about by activist hedge funds, both for shareholders in the target companies and for investors in the hedge funds. […]

Stanford Rock Center Series on Shareholder Activism – How it Began and How It’s Reshaping Today’s Investment Landscape (Videos)

This is an excellent three-part series of videos of presentations made at the Stanford Rock Center on Corporate Governance, on the topic of shareholder activisn and how it has changed a lot in the last 15 years. The series provided a very up-to-date overview of proxy fights, PR wars and activist defense.

Varieties of Capitalism + Investments in Human Capital

This paper explores the relationship between national institutional archetypes and investments in training and development. A recent trend within the literature on comparative capitalism has been to explore the nature and extent of heterogeneity within the coordinated market economies (CMEs) of Europe. Based on a review of the existing comparative literature on training and development, […]

TSE Releases Public Comments Submitted Regarding its Corporate Governance Proposals to Restore Confidence in Markets

The Tokyo Stock Exchange (TSE) has releasedmost of the results of its recent public comment process regarding its ownproposed measures to restore public confidence to the securities markets. Because the TSE had only proposed that it publish a handbook to be given to outside board members, many comments focused on the need for the TSE to promulgate rules requiring director training or at least the disclosure of company policy abou it.

Nomura’s “Individual Investor Survey” Shows Big Change in Public Attitudes—> External Directors Are Needed

From Page 11 – 「 (8) Views on the appointment of external directors
For this month's spot question, we asked individual investors about their views on the appointment of external directors. On the issue of making the appointment of external directors mandatory, the highest proportion of respondents—32.4%—chose the answer appointing more than one clearly independent external director should be mandatory ….

Recording of Expert Panel: ” After Olympus, What Do Foreign Investors Want Most From Japanese Companies?”

Regarding the expert panel event that BDTI recentlyorganized – After Olympus, What Do Foreign Investors Want Most From Japanese Companies? onMay 28, 16:00 —> For those who missed it, the recording to this event is available for the same price of the event (personal use only).

Contact: info@bdti.or.jp Event description: bdti.or.jp/english/node/371