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no DOI — not checkedSotheby's Yields to Hedge Fund Mogul and Allies
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no DOI — not checked189 Moreover, in a 2013 article in which Stout agreed with Ed Rock that U.S. corporate governance was a "shareholder-centric" system she acknowledged the
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no DOI — not checkedThe Agency Costs of Agency Capitalism: Activist Investors and Revaluation of Governance Rights
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no DOI — not checked897; see also Andrew Ross Sorkin, For Activist Shareholders, A Wide Reporting Window
no DOI — not checkedSee also David Gelles and Michael J. de la Merced, New Alliances in Battle for Corporate Control
no DOI — not checkedsaying it is not credible investors would have failed to catch on if hedge funds were promoting a short-term agenda at the expense of long-term returns, reasoning "Are the vast majority of investors idiots? Quite simply, the investing public perceives these situations not as a threat but a boon to share value
no DOI — not checkedref25
no DOI — not checkedB1 (quoting William Ackman as saying "It used to be that boards of decent-sized companies were impenetrable. What's changed is that institutions are prepared to replace directors, including the chairman and chief executive in light of underperformance
no DOI — not checkedB1 (citing a shift in the attitude of institutional investors as an explanation for the new-found ability of hedge fund activists to target very large public companies)
no DOI — not checkedref28
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