[article] Titre : | Activisme des investisseurs institutionnels et richesse de l'actionnaire : L'influence de la performance antérieure lors des alertes de L'AFG sur la gouvernance | Type de document : | texte imprimé | Auteurs : | Lantz Jean-Sébastien, Auteur | Année de publication : | 2005 | Article en page(s) : | pp. 4-18 | Langues : | Français (fre) | in La Revue du Financier > 154 (juillet-août 2005) . - pp. 4-18Résumé : | Institutional investors are predominant on the financial markets and they tend to become active in their portfolio management. Indeed, as we do in this article, american researchers tried to explore the incidence of the activism of the shareholders on the market reaction. In France, since 1999, firms of the SBF120 who do not respect the “Code of Best Practices on Corporate Governance of the AFG †are pointed out and added on the widely spread « target list ». The objective of this article is to examine the impact of institutional investors activism on shareholders wealth in France. Our empirical study surveys the alerts of the AFG based on a short-term event study methodology.
| En ligne : | http://www.revuedufinancier.fr |
[article] Activisme des investisseurs institutionnels et richesse de l'actionnaire : L'influence de la performance antérieure lors des alertes de L'AFG sur la gouvernance [texte imprimé] / Lantz Jean-Sébastien, Auteur . - 2005 . - pp. 4-18. Langues : Français ( fre) in La Revue du Financier > 154 (juillet-août 2005) . - pp. 4-18Résumé : | Institutional investors are predominant on the financial markets and they tend to become active in their portfolio management. Indeed, as we do in this article, american researchers tried to explore the incidence of the activism of the shareholders on the market reaction. In France, since 1999, firms of the SBF120 who do not respect the “Code of Best Practices on Corporate Governance of the AFG †are pointed out and added on the widely spread « target list ». The objective of this article is to examine the impact of institutional investors activism on shareholders wealth in France. Our empirical study surveys the alerts of the AFG based on a short-term event study methodology.
| En ligne : | http://www.revuedufinancier.fr |
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