The role of the hostile activist shareholder has been taken up by a set of hedge funds. Hedge fund activism is characterized by mergers and corporate restructuring, replacement of management and board members, proxy voting, and lobbying of management. These investors target and research...

Financialization, new investment funds, and labour / Howard Gospel and Andrew Pendleton -- Financial intermediaries in the United States : development and impact on firms and employment relations / Eileen Appelbaum, Rosemary Batt, and Jae Eun Lee -- Financialization, new investment funds, and...