Institutional Investor Activism

1 William W. Bratton and Joseph A. McCahery: Introduction; Part I. The Disempowered Shareholder; 2 Stuart Gillan and Laura T. Starks: The Evolution of Shareholder Activism in the United States; 3 Lucian A. Bebchuk: The Myth of the Shareholder Franchise; 4 Peter Cziraki, Luc Renneboog and Peter G. Szilagyi: Shareholder Activism through Proxy Proposals: The European Perspective; Part II. Hedge Fund Activism; A. Patterns and Policy Questions - Dark Sides and Light Sides; 5 Marcel Kahan and Edward Rock: Hedge Funds in Corporate Governance and Corporate Control; 6 John Armour and Brian Cheffins: The Rise and Fall (?) of Shareholder Activism by Hedge Funds; B. Ownership Stakes, Operating Results, and Financial Returns; 7 Marco Becht, Julian Franks, Colin Mayer and Stefano Rossi: Returns to Shareholder Activism: Evidence from a Clinical Study of the Hermes Focus Fund; 8 Alon Brav, Wei Jiang, Frank Partnoy and Randall Thomas: Hedge Fund Activism, Corporate Governance and Corporate Performance; 9 April Klein and Emanuel Zur: Entrepreneurial Shareholder Activism: Hedge Funds and Other Private Investors; C. Strategic Holding versus Collective Interest: Empty Voting and Bankruptcy Reorganization; 10 Henry T.C. Hu and Bernard S. Black: Debt, Equity and Hybrid Decoupling: Corporate Governance and Systemic risk Implications; 11 Douglas Baird and Robert K. Rasmussen: Common Pools, Common Disasters and the Anti-Commons: Hedge Fund Activity in Corporate Reorganizations; 12 Wei Jiang, Kai Li and Wei Wang: Hedge Funds and Chapter 11; Part III. Private Equity and Corporate Governance; A. Structure and Motivation; 13 Steven N. Kaplan and Per Stromberg: Leveraged Buyouts and Private Equity; B. How has Private Equity Performed?; 14 Ludovic Phalippou: Performance of Buyout Funds Revisited; Part IV. The Regulatory Framework; A. Structural Treatment of Hedge funds and Private Equity: Investor Protection and Systemic Risk; 15 Douglas Cumming, Na Dai, and Sofia A. Johan: Hedge Fund Regulation

John Armour, University of Oxford Dan Awrey, University of Oxford Douglas Baird, University of Chicago Lucian A. Bebchuk, Harvard Law School Marco Becht, University of Brussels Bernard S. Black, Northwestern University School William W. Bratton, University of Pennsylvania Law School Alon Brav, Duke University Brian Cheffins, University of Cambridge Douglas Cumming, York University Peter Cziraki, University of Toronto Na Dai, SUNY Albany Jill E. Fisch, University of Pennsylvania Julian Franks, London Business School Stuart Gillan, University of Georgia Henry T.C. Hu, University of Texas Robert J. Jackson,Jr., Columbia University Wei Jiang, Columbia University Sofia A. Johan, York University Marcel Kahan, New York University Law School Steven N. Kaplan, University of Chicago April Klein, New York University Kai Li, University of British Columbia Colin Mayer, University of Oxford Joseph A. McCahery, Tilburg University Law School Fran