{"id":"W3127362060","doi":"10.2139/ssrn.3485352","title":"Does Hedge Fund Activism Improve Investment Efficiency in US Firms?","year":2019,"lang":"en","type":"article","venue":"SSRN Electronic Journal","topic":"Corporate Finance and Governance","field":"Business, Management and Accounting","cited_by":0,"is_retracted":false,"has_abstract":false,"ca_institutions":"Western University; Saint John Regional Hospital; University of New Brunswick","funders":"","keywords":"Hedge fund; Business; Investment fund; Investment (military); Fund of funds; Alternative beta; Finance; Open-end fund; Institutional investor; Corporate governance; Market liquidity; Political science","routes":{"ca_aff":true,"ca_fund":false,"ca_venue":false,"about_ca":false,"invisible_to_affiliation_only":false},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.001841633,0.0001241416,0.0002237007,0.0003010018,0.0002675741,0.001357617,0.0002829223,0.001136972,0.00454218],"category_scores_gemma":[0.009720371,0.0001068424,0.0002486297,0.0003198811,0.0005739833,0.001107496,0.0005272778,0.0006666798,0.0003527445],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.000622237,"about_ca_system_score_gemma":0.0007941785,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.003492198,"about_ca_topic_score_gemma":0.007918398,"domain_scores_codex":[0.9993105,0.0002845877,0.00003254804,0.00007414044,0.00008247318,0.0002157854],"domain_scores_gemma":[0.9935387,0.002989389,0.002067783,0.000360502,0.0003792323,0.0006643613],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"observational","study_design_gemma":"observational","study_design_scores_codex":[0.005619489,0.003762888,0.7183037,0.0002014271,0.0007578905,0.0003222036,0.0009418706,0.004983477,0.003768923,0.01160928,0.007717459,0.2420114],"study_design_scores_gemma":[0.000348121,0.002025692,0.9707288,0.00008895765,0.0003482418,0.0001130607,0.002638739,0.003530297,0.003064331,0.009498564,0.007594815,0.00002043333],"study_design_candidate":"observational","study_design_consensus":"observational","genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.9895673,0.0007857181,0.0001709424,0.003876711,0.00003557732,0.000006770478,0.00006341087,0.000009929538,0.005483562],"genre_scores_gemma":[0.9991626,0.0001251029,0.00003262199,0.0001573424,0.00001835724,9.973e-7,0.00002159289,0.000001294439,0.0004801384],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.00454218,"threshold_uncertainty_score":0.01519507,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.007857808707283113,"score_gpt":0.2056911905721568,"score_spread":0.1978333818648737,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}