Still Unanswered Questions (and New Ones) to Bebchuk, Brav and Jiang

21 Pages Posted: 21 Jan 2015

See all articles by Yvan Allaire

Yvan Allaire

Institute for Governance of Private and Public Organizations (IGOPP)

Francois Dauphin

Institute for Governance of Private and Public Organizations (IGOPP)

Date Written: January 19, 2015

Abstract

Bebchuk et al. have produced a new version of their paper The Long-Term Effects of Hedge Fund Activism (December 2014) to be published in the June 2015 issue of the Columbia Law Review. In this revised text, the authors struggle valiantly to cope with the challenging questions a number of critics have raised about their original paper. We, among many, have taken issues with their original paper. While the revised draft by Bebchuk et al has the merit of clarifying some aspects of their study, many issues remain unresolved and new ones creep in. In this paper, we provide examples of the latter while reiterating the fundamental questions that remain unanswered.

Keywords: Hedge Fund Activism, bebchuk, jiang, brav, board

Suggested Citation

Allaire, Yvan and Dauphin, Francois, Still Unanswered Questions (and New Ones) to Bebchuk, Brav and Jiang (January 19, 2015). Available at SSRN: https://ssrn.com/abstract=2552176 or http://dx.doi.org/10.2139/ssrn.2552176

Yvan Allaire (Contact Author)

Institute for Governance of Private and Public Organizations (IGOPP) ( email )

1000 de la Gauchetiere West
Suite 1410
Montreal, Quebec H3B 4W5
Canada
514 439-9301 (Phone)
514 439-9305 (Fax)

Francois Dauphin

Institute for Governance of Private and Public Organizations (IGOPP) ( email )

1000, de la Gauchetiere St. West, Suite 1410
Montreal, Quebec H3B 4W5
Canada
514-439-9301 (Phone)

Register to save articles to
your library

Register

Paper statistics

Downloads
198
Abstract Views
1,099
rank
155,973
PlumX Metrics