The authors conclude that there is “no empirical evidence for the assertion that hedge fund activism destroys value or is short term in focus.” Not so bad then, after all.
The authors conclude that there is “no empirical evidence for the assertion that hedge fund activism destroys value or is short term in focus.” Not so bad then, after all.
这些作者们认为那些“因对冲基金的不安分而破坏或短期破坏价值的论断是毫无实际依据的”，不管怎么样，事实并没那么糟糕。