Mietzner, Mark; Schweizer, Denis; Tyrell, Marcel - In: Schmalenbach Business Review (sbr) 63 (2011) 2, pp. 151-185
We investigate the valuation effects of industry rivals on german firms targeted by hedge funds and private equity investors. We argue that both types of investors differ from other blockholders due to their strong motivation and ability to actively engage and monitor. We find that the...