id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fsr-3842	Crutehley, Claire E.; Hudson, Carl D.; Jensen, Marlin R.H.	Shareholder Wealth Effects of CalPERS' Activism	1998	10	.pdf	application/pdf	4461	226	60	If target firms have high returns, but the S&P 500 index had extraordinary returns, this would be shown as a negative excess return. A possible explanation is that different actions are needed in different firms, so restructuring is not superior to cost cutting; firms act in ways to enhance value.	cache/fsr-3842.pdf	txt/fsr-3842.txt