Activist arbitrage: A study of open-ending attempts of closed-end funds

By M. Bradley, Alon Brav, Itay Goldstein, Wei Jiang. 2010

154 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/768d833a1277d19aba53faca1ab09db9b3e33d49

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Citations in the corpus

The Costs of Shareholder Activism: Evidence from a Sequential Decision Model (2013, unknown): “Ui2(continue) = c2 + pi2 iVi + (1 pi2)max f iMi; c3 + pi3 iVi + (1 pi3) iMig (3)”
Corporate governance and hedge fund activism (2011, unknown): “Bradley et al. (2009) examine hedge fund activism designed to open closed end funds.”
Hedge Fund Activism: A Review (2010, unknown): “The third set of events includes activism targeting issues related to business strategy, such as operational efficiency, business restructuring, mergers and acquisitions, and growth strategies.”
Passive Investors, Not Passive Owners (2016, background): “Second, the size and concentration of passive investors’ ownership stakes may facilitate activist investors’ efforts to rally support for their demands (Brav et al. (2008), Bradley et al.”
Blockholders and Corporate Governance (2014, unknown): “Bradley et al. (2010) show that activist institutions successfully force closed-end funds to open end, thereby creating value through the elimination of the closed-end fund discount.”
Standing on the Shoulders of Giants: The Effect of Passive Investors on Activism (2016, unknown): “The large and concentrated ownership stakes of passive institutions might help overcome this problem by facilitating activist investors’ ability to rally support for their demands (Brav et al., 2008; Bradley et al., 2010) and by decreasing the coordination costs of activism (e.”
Governance and Taxes: Evidence from Regression Discontinuity (2016, unknown): “2 Some of these papers exclusively investigate the effect of quasi-index investors, which they define using the investor classifications in Bushee (2001), available on Brian Bushee’s website at: http://acct.”
The Real Effects of Financial Markets: The Impact of Prices on Takeovers (2012, background): “We also delete bids where the acquirer had a stake exceeding 50% before the acquisition, or a final holding of under 50%.”