Hedge Fund Activists Stifle Long-Term Innovation Efforts of Targeted Firms
Hedge Fund Activists have been targeting big companies like DuPont and Apple, but their impact on innovation is not all positive. While some think they can boost innovation, a study found that their campaigns actually have a negative effect on a company's ability to innovate in the long run. This means that while they may shake things up in the short term, they end up hindering a company's innovation efforts over time.