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Management article
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Reference no. F0801H
Published by: Harvard Business Publishing
Originally published in: "Harvard Business Review - Forethought", 2008
Revision date: 04-Feb-2013
Length: 4 pages

Abstract

Poorly performing managers shouldn''t necessarily heed the demands of hedge funds that call for change in a company''s strategic direction. Giving in does not, on average, yield stock gains that outperform the market. That is, unless the firm gets acquired.
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Abstract

Poorly performing managers shouldn''t necessarily heed the demands of hedge funds that call for change in a company''s strategic direction. Giving in does not, on average, yield stock gains that outperform the market. That is, unless the firm gets acquired.

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Industry:

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