• Lucian Bebchuk


The Myth of Hedge Funds as 'Myopic Activists'. Lucian Bebchuk, August 6, 2013, Opinion. "The recent increase in hedge-fund activism aimed at producing changes in business strategy or leadership—including at large companies such as Apple, Hess, Procter & Gamble and, as announced last week, Air Products—has met intense opposition from public companies and their advisers. Opponents, such as prominent corporate adviser Martin Lipton, argue that such activism is detrimental to the long-term interests of companies and their shareholders..." Link verified June 19, 2014