This paper studies the long-term effect of hedge fund activism on the productivity of target firms using plant …'s business strategy. We also find that plants sold post-intervention exhibit a significant improvement in productivity under new … increase in labor productivity. Additional tests refute alternative explanations that attribute the improvement to mean …

The process of firms' growth - in terms of productivity or employment - is a major concern of policy makers. In this … boost labour productivity? 3. Does innovation in one period improve innovation performance in subsequent periods? …The process of firms’ growth – in terms of productivity or employment – is a major concern of policy makers. In this …