Match!
Margarethe F. Wiersema
University of California, Irvine
51Publications
24H-index
5,311Citations
Publications 51
Newest
#1Albert Minkyu Ahn (UCI: University of California, Irvine)
#2Margarethe F. Wiersema (UCI: University of California, Irvine)H-Index: 24
Deploying more than $65 billion in capital globally and with more than 900 campaigns in 2018, activist hedge funds represent “the activist” in the capital market and are having a significant influe...
Research Summary: We propose that due to financial market pressures, managers are forward‐looking in their search and decision processes and focus on meeting performance targets set by the financial community. Using panel data on S&P 100 companies, we find that pressure felt by management to meet the analyst consensus earnings estimate influences the extent of corporate downsizing. Moreover, our results show that high levels of institutional investor stock ownership and CEO power attenuate manag...
The growing visibility and aggressive tactics by some activist hedge funds raises the question of what determines whether these activist campaigns are successful. We propose that the reputation of ...
#1Yannick Thams (Suffolk University)H-Index: 3
#2Aya S. Chacar (College of Business Administration)H-Index: 8
Last.Margarethe F. Wiersema (UCI: University of California, Irvine)H-Index: 24
view all 3 authors...
#1Margarethe F. Wiersema (UCI: University of California, Irvine)H-Index: 24
#2Yoichiro Nishimura (Kanagawa University)
Last.Katsushi Suzuki (Hitotsubashi University)H-Index: 2
view all 3 authors...
Research Summary: Firm performance and corporate governance have been shown to influence CEO selection, but our understanding of the role of social capital is more limited. In this study, we seek to provide further insight into the role of social capital by examining the influence of both “bonding” and “bridging” forms of social capital on CEO appointments. We find that candidates who have relational social capital, in terms of overlap with the CEO in organizational tenure, board tenure, and CEO...
#1Matthias Brauer (UMA: University of Mannheim)H-Index: 9
#2Margarethe F. Wiersema (UCI: University of California, Irvine)H-Index: 24
As visible and knowledgeable experts who constantly collect, analyze, and disseminate information about the future prospects of publicly listed firms, financial analysts fulfill an important information brokerage and monitoring function for investors. By providing investment advice, financial analysts also influence the demand for a firm’s stock and thus its price. Executives pay close attention to financial analysts’ earnings forecasts and recommendations, so much so that they are frequently cr...
#1Margarethe F. Wiersema (UCI: University of California, Irvine)H-Index: 24
#2Margarethe F. Wiersema (UCI: University of California, Irvine)H-Index: 24
123456