{"id":"https://openalex.org/W2747495297","doi":"https://doi.org/10.1287/mnsc.2017.2816","title":"The Effects of Hedge Fund Interventions on Strategic Firm Behavior","display_name":"The Effects of Hedge Fund Interventions on Strategic Firm Behavior","publication_year":2017,"publication_date":"2017-08-28","ids":{"openalex":"https://openalex.org/W2747495297","doi":"https://doi.org/10.1287/mnsc.2017.2816","mag":"2747495297"},"language":"en","primary_location":{"is_oa":false,"landing_page_url":"https://doi.org/10.1287/mnsc.2017.2816","pdf_url":null,"source":{"id":"https://openalex.org/S33323087","display_name":"Management Science","issn_l":"0025-1909","issn":["0025-1909","1526-5501"],"is_oa":false,"is_in_doaj":false,"is_indexed_in_scopus":true,"is_core":true,"host_organization":"https://openalex.org/P4310315699","host_organization_name":"Institute for Operations Research and the Management Sciences","host_organization_lineage":["https://openalex.org/P4310315699"],"host_organization_lineage_names":["Institute for Operations Research and the Management Sciences"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false},"type":"article","type_crossref":"journal-article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5079950688","display_name":"Inder K. Khurana","orcid":"https://orcid.org/0000-0001-6746-1459"},"institutions":[{"id":"https://openalex.org/I76835614","display_name":"University of Missouri","ror":"https://ror.org/02ymw8z06","country_code":"US","type":"funder","lineage":["https://openalex.org/I76835614"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Inder K. Khurana","raw_affiliation_strings":["Robert J. Trulaske, Sr. College of Business, University of Missouri, Columbia, Missouri 65211"],"affiliations":[{"raw_affiliation_string":"Robert J. Trulaske, Sr. College of Business, University of Missouri, Columbia, Missouri 65211","institution_ids":["https://openalex.org/I76835614"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5100413679","display_name":"Yinghua Li","orcid":"https://orcid.org/0000-0002-1098-4563"},"institutions":[{"id":"https://openalex.org/I55732556","display_name":"Arizona State University","ror":"https://ror.org/03efmqc40","country_code":"US","type":"funder","lineage":["https://openalex.org/I55732556"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Yinghua Li","raw_affiliation_strings":["W. P. Carey School of Business, Arizona State University, Tempe, Arizona 85287"],"affiliations":[{"raw_affiliation_string":"W. P. Carey School of Business, Arizona State University, Tempe, Arizona 85287","institution_ids":["https://openalex.org/I55732556"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5102710129","display_name":"Wei Wang","orcid":"https://orcid.org/0000-0003-0860-9198"},"institutions":[{"id":"https://openalex.org/I84392919","display_name":"Temple University","ror":"https://ror.org/00kx1jb78","country_code":"US","type":"funder","lineage":["https://openalex.org/I84392919"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Wei Wang","raw_affiliation_strings":["Fox School of Business, Temple University, Philadelphia, Pennsylvania 19122"],"affiliations":[{"raw_affiliation_string":"Fox School of Business, Temple University, Philadelphia, Pennsylvania 19122","institution_ids":["https://openalex.org/I84392919"]}]}],"institution_assertions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":4.552,"has_fulltext":false,"cited_by_count":47,"citation_normalized_percentile":{"value":0.999957,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":95,"max":96},"biblio":{"volume":"64","issue":"9","first_page":"4094","last_page":"4117"},"is_retracted":false,"is_paratext":false,"primary_topic":{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9999,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9999,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9985,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9985,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/voluntary-disclosure","display_name":"Voluntary disclosure","score":0.6031455},{"id":"https://openalex.org/keywords/alternative-beta","display_name":"Alternative beta","score":0.57627094}],"concepts":[{"id":"https://openalex.org/C204434749","wikidata":"https://www.wikidata.org/wiki/Q105611","display_name":"Hedge fund","level":2,"score":0.8114201},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6261338},{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.60687935},{"id":"https://openalex.org/C2779055846","wikidata":"https://www.wikidata.org/wiki/Q7940976","display_name":"Voluntary disclosure","level":2,"score":0.6031455},{"id":"https://openalex.org/C18123600","wikidata":"https://www.wikidata.org/wiki/Q4736495","display_name":"Alternative beta","level":5,"score":0.57627094},{"id":"https://openalex.org/C48798503","wikidata":"https://www.wikidata.org/wiki/Q877546","display_name":"Reputation","level":2,"score":0.57140183},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.49650174},{"id":"https://openalex.org/C27415008","wikidata":"https://www.wikidata.org/wiki/Q7256382","display_name":"Psychological intervention","level":2,"score":0.49398667},{"id":"https://openalex.org/C2780665704","wikidata":"https://www.wikidata.org/wiki/Q959298","display_name":"Intervention (counseling)","level":2,"score":0.46080542},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.33877495},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3249557},{"id":"https://openalex.org/C206757995","wikidata":"https://www.wikidata.org/wiki/Q1665188","display_name":"Institutional investor","level":3,"score":0.30221552},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.2940299},{"id":"https://openalex.org/C155301685","wikidata":"https://www.wikidata.org/wiki/Q493177","display_name":"Open-end fund","level":4,"score":0.28602552},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.07300496},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.0},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0},{"id":"https://openalex.org/C118552586","wikidata":"https://www.wikidata.org/wiki/Q7867","display_name":"Psychiatry","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"is_oa":false,"landing_page_url":"https://doi.org/10.1287/mnsc.2017.2816","pdf_url":null,"source":{"id":"https://openalex.org/S33323087","display_name":"Management Science","issn_l":"0025-1909","issn":["0025-1909","1526-5501"],"is_oa":false,"is_in_doaj":false,"is_indexed_in_scopus":true,"is_core":true,"host_organization":"https://openalex.org/P4310315699","host_organization_name":"Institute for Operations Research and the Management Sciences","host_organization_lineage":["https://openalex.org/P4310315699"],"host_organization_lineage_names":["Institute for Operations Research and the Management Sciences"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false}],"best_oa_location":null,"sustainable_development_goals":[],"grants":[],"datasets":[],"versions":[],"referenced_works_count":72,"referenced_works":["https://openalex.org/W135828340","https://openalex.org/W1966586504","https://openalex.org/W1986187321","https://openalex.org/W2040478843","https://openalex.org/W2041889606","https://openalex.org/W2048801439","https://openalex.org/W2054932736","https://openalex.org/W2057190074","https://openalex.org/W2065061024","https://openalex.org/W2067171170","https://openalex.org/W2074531150","https://openalex.org/W2094863662","https://openalex.org/W2107735123","https://openalex.org/W2113987915","https://openalex.org/W2120084007","https://openalex.org/W2128127523","https://openalex.org/W2136336587","https://openalex.org/W2146181949","https://openalex.org/W2151428644","https://openalex.org/W2318082324","https://openalex.org/W2707064636","https://openalex.org/W3023181463","https://openalex.org/W3121230746","https://openalex.org/W3121248902","https://openalex.org/W3121479022","https://openalex.org/W3121657665","https://openalex.org/W3121758154","https://openalex.org/W3121785520","https://openalex.org/W3121795439","https://openalex.org/W3121831391","https://openalex.org/W3122258293","https://openalex.org/W3122351246","https://openalex.org/W3122520100","https://openalex.org/W3122622096","https://openalex.org/W3122727838","https://openalex.org/W3122791851","https://openalex.org/W3122856474","https://openalex.org/W3122879148","https://openalex.org/W3122985187","https://openalex.org/W3123145284","https://openalex.org/W3123227524","https://openalex.org/W3123364783","https://openalex.org/W3123389673","https://openalex.org/W3123473288","https://openalex.org/W3123724460","https://openalex.org/W3123829749","https://openalex.org/W3123960106","https://openalex.org/W3124073814","https://openalex.org/W3124253171","https://openalex.org/W3124365414","https://openalex.org/W3124423437","https://openalex.org/W3124616469","https://openalex.org/W3124631403","https://openalex.org/W3124871970","https://openalex.org/W3124880432","https://openalex.org/W3124941789","https://openalex.org/W3125062157","https://openalex.org/W3125119969","https://openalex.org/W3125210735","https://openalex.org/W3125372543","https://openalex.org/W3125499115","https://openalex.org/W3125677029","https://openalex.org/W3125679102","https://openalex.org/W3125695164","https://openalex.org/W3125705127","https://openalex.org/W3125738492","https://openalex.org/W3125898446","https://openalex.org/W3125970508","https://openalex.org/W3125973045","https://openalex.org/W3126114669","https://openalex.org/W4230336695","https://openalex.org/W4233420185"],"related_works":["https://openalex.org/W647607606","https://openalex.org/W577808998","https://openalex.org/W2741100384","https://openalex.org/W2621654816","https://openalex.org/W2465492895","https://openalex.org/W2027593988","https://openalex.org/W2023613544","https://openalex.org/W2001265625","https://openalex.org/W1998690206","https://openalex.org/W1578677739"],"abstract_inverted_index":{"We":[0,21,73],"examine":[1],"the":[2,27,30,43,92,98],"impact":[3],"of":[4,32,45,78],"hedge":[5,52,70,85,127],"fund":[6,53,71,86,128],"interventions":[7,50],"on":[8],"target":[9,93],"firms\u2019":[10],"strategic":[11],"behavior,":[12],"specifically":[13],"their":[14],"voluntary":[15,62],"disclosure":[16,63],"and":[17,29,39,64,96,121],"earnings":[18,34,47,65],"management":[19,33,48,66,95],"strategies.":[20],"find":[22,75],"a":[23,102],"decrease":[24],"in":[25,42,68,115],"both":[26],"likelihood":[28],"frequency":[31],"forecasts":[35],"conveying":[36],"bad":[37,79],"news":[38,80],"an":[40],"increase":[41],"level":[44],"real":[46],"following":[49],"by":[51,142],"activists.":[54],"Additional":[55],"evidence":[56],"suggests":[57],"that":[58,76],"managers":[59],"substitute":[60],"between":[61],"strategies":[67],"resisting":[69],"attacks.":[72],"also":[74],"withholding":[77],"is":[81,133],"more":[82],"pronounced":[83],"when":[84,97],"activists":[87],"pose":[88],"greater":[89],"threats":[90],"to":[91,117],"firm\u2019s":[94],"intervention":[99],"lasts":[100],"for":[101],"relatively":[103],"short":[104],"time":[105],"period.":[106],"Our":[107],"results":[108],"are":[109],"consistent":[110],"with":[111],"firms":[112],"behaving":[113],"strategically":[114],"response":[116],"heightened":[118],"career/reputation":[119],"concerns":[120],"endangered":[122],"corporate":[123],"control":[124],"arising":[125],"from":[126],"activism.":[129],"The":[130],"online":[131],"appendix":[132],"available":[134],"at":[135],"https://doi.org/10.1287/mnsc.2017.2816":[136],".":[137],"This":[138],"paper":[139],"was":[140],"accepted":[141],"Suraj":[143],"Srinivasan,":[144],"accounting.":[145]},"abstract_inverted_index_v3":null,"cited_by_api_url":"https://api.openalex.org/works?filter=cites:W2747495297","counts_by_year":[{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":9},{"year":2023,"cited_by_count":9},{"year":2022,"cited_by_count":8},{"year":2021,"cited_by_count":9},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":4},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2025-04-18T03:25:52.331442","created_date":"2017-08-31"}