rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    non sort: The
    title: effects of pension fund activism on corporate performance
    sub title: evidence from shareholder proposal
  name:
    name part: Woods, James Darrell.
    role:
      role term: creator
  type of resource: text
  genre: bibliography
  origin info:
    place:
      place term: xx
    date issued: 1996
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: print
    extent: viii, 62 leaves : illustrations ; 28 cm.
  abstract: During the 1980s and continuing through the 1990s, managers
  abstract: at several large pension funds have attempted to improve the
  abstract: performance of firms in which they invest. In this
  abstract: dissertation, I attempt to determine the effectiveness of
  abstract: their actions by examining targeted firms' accounting and
  abstract: equity performance around shareholder proposals sponsored by
  abstract: pension fund managers. Following Barber and Lyon (I 996), 1
  abstract: find persistent unexpected return on assets in firms with
  abstract: pension fund sponsored shareholder proposals, however, this
  abstract: unexpected return on assets is not statistically different
  abstract: from unexpected return on assets in a matched sample of
  abstract: control firms without shareholder proposals Using event study
  abstract: methodology, I find no unexpected returns around the first
  abstract: public announcement of pension fund activity and around the
  abstract: proxy mailing date. Using information supplied by a pension
  abstract: fund, I find positive and significant unexpected returns
  abstract: around the announcement of an agreement between a pension
  abstract: fund and a targeted firm. However, this unexpected return is
  abstract: surprising since I am unable to verify the majority of the
  abstract: announcement dates for agreements in the Dow Jones News
  abstract: Service Text database. Additionally, there is no correlation
  abstract: between unexpected returns around the first public
  abstract: announcement of activity and unexpected returns around the
  abstract: announcement of an agreement between pension fund and firm
  abstract: managers. Finally, regression results suggest that there is
  abstract: no relation between the variables studied and the level of
  abstract: unexpected return on assets or unexpected equity returns
  abstract: around the three dates I examine. The evidence together
  abstract: provides little support for the belief that pension fund
  abstract: activity affects firm performance.
  note: by James Darrell Woods.
  note: Vita.
  note: "Major Subject: Finance".
  note: Issued also on microfiche from University Microfilms Inc.
  note: Includes bibliographical references: pages 56-59.
  note: Ph. D. Texas A&M University 1996.
  subject:
    topic: Major finance
  identifier: 97-01742 UMI
  identifier: http://proxy.library.tamu.edu/login
  related item:
    location:
      url: http://proxy.library.tamu.edu/login
  record info:
    record content source: TXA
    record creation date: 970513
    record change date: 20190325093301.0
    record identifier: in00001355321