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Shareholder Activism by Institutional Investors: Evidence from CalPERS (Michael P. Smith ) Journal of Finance (March 1996), Vol. 51(1), pp227-252 Presented by: Deepak A. Pratyush B. Ranajee (PhD 2008-11, Batch-II)  IIMT, Hyderabad
Objective of the study ,[object Object],Financial Characteristics Shareholder Activism Change in Gov. Structure & Performance Change in Shareholder Wealth
Rationale for the study ,[object Object],[object Object],[object Object]
Reasons to taking CalPERS data? ,[object Object],[object Object]
Flow of the article ,[object Object],[object Object],[object Object],[object Object],[object Object]
Flow of the article ,[object Object],[object Object],[object Object]
Sample for the Study ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Activism Events ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Data Collection & Methodology ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Results(1)… ,[object Object],[object Object],[object Object],[object Object]
Results (2)… ,[object Object],[object Object],[object Object],[object Object]
Results (3)… ,[object Object],[object Object],[object Object]
Thank you… Presented by: Deepak Agrawal Pratyush Banerjee Ranajee

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Shareholder Activism By Institutional Investors Evidence From Cal Pers

  • 1. Shareholder Activism by Institutional Investors: Evidence from CalPERS (Michael P. Smith ) Journal of Finance (March 1996), Vol. 51(1), pp227-252 Presented by: Deepak A. Pratyush B. Ranajee (PhD 2008-11, Batch-II) IIMT, Hyderabad
  • 2.
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  • 13. Thank you… Presented by: Deepak Agrawal Pratyush Banerjee Ranajee