Hedge Funds are having a new role in corporate governance. They are asking companies to increase earning!
Such calls to boost performance have become a rallying cry for hedge funds that have taken increasingly large positions in public companies and then demanded management work harder to increase shareholder value.
http://www.post-gazette.com/pg/05133/504155.stm
Such calls to boost performance have become a rallying cry for hedge funds that have taken increasingly large positions in public companies and then demanded management work harder to increase shareholder value.
http://www.post-gazette.com/pg/05133/504155.stm