Wiley.com
Print this page Share

Extreme Value Hedging: How Activist Hedge Fund Managers Are Taking on the World

ISBN: 978-0-470-45024-6
Paperback
400 pages
September 2009
List Price: US $16.95
Government Price: US $8.64
Enter Quantity:   Buy
Extreme Value Hedging: How Activist Hedge Fund Managers Are Taking on the World (047045024X) cover image
This is a Print-on-Demand title. It will be printed specifically to fill your order. Please allow an additional 10-15 days delivery time. The book is not returnable.

Preface ix

Acknowledgments xvii

Introduction xxi

Part One: From Raiders to Activists and Everything in Between 1

Chapter 1: Growth of Activism and Why Corporate Raiders Aren’t Around Anymore 3

Chapter 2: Nuts and Bolts: How Activists Became Who They Are Today 25

Chapter 3: The Pack: How Activists Are Working Together (But Not Offi cially) 53

Chapter 4: How Activists Use Litigation to Pursue Their Agenda 75

Chapter 5: Why Activists Target Certain Corporations and Leave Others Alone 89

Chapter 6: Overperked and Overpaid: The Impact of Activists on Executive Compensation 103

Chapter 7: Hedge Specialization: Good or Bad? 117

Chapter 8: Regulation and Activists: How the Securities and Exchange Commission Helps (or Hurts) Activists 135

Part Two: Institutional Investors and Activists 155

Chapter 9: Institutional Investors on Activist Hedge Funds: Love'em or Hate'em? 157

Chapter 10: Activists Taking on Large Corporations Must Have Institutional Support 163

Chapter 11: Institutions and Activist Hedge Funds: Breaking Up Deals Together Around the World 173

Chapter 12: Just Vote No and No and No Again 181

Chapter 13: Institutions Changing Corporate Bylaws so Activist Hedge Funds Can Get Down to Business 191

Chapter 14: Can’t Be Them? Then Fund Them 201

Chapter 15: Institutions Behaving Like Activist Hedge Fund Managers 209

Part Three: Activism 2.0 217

Chapter 16: Technology, Communications, and Activists: Gary Lutin, Eric Jackson, and Anne Faulk 219

Chapter 17: When Is an Activist Fund Really a Private Equity Fund, and What’s the Difference? 231

Chapter 18: Funds of Hedge Funds Stake Out Activists 247

Chapter 19: Distressed Investing: How Activist Managers Buy Debt and Provoke Companies 263

Chapter 20: Hedge Activists in Western Europe, Asia, and Canada 271

Chapter 21: East Meets West: Hedge Activism Goes Global to Emerging Markets 299

Chapter 22: Value Investing versus Activism: Which One Is Better? 319

Conclusion: Saturation or No Saturation? 333

Notes 339

About the Author 361

Index 363

Back to Top