---
title: Activist Investing: Credit Effects
url: https://www.ml-quant.com/papers/ssrn/4991711/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4991711
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4991711
featured: 2024-10-23
citations: unknown
topic: Risk, Credit & Banking
---


# Activist Investing: Credit Effects

Credit Effects: Hedge fund activism increases firm value but negatively impacts existing bondholders, with those selling target firm debt post-intervention experiencing higher losses.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4991711
- Identifier: SSRN 4991711
- Released: 2024-10-14
- First featured: Quant Letter No. 71 (2024-10-23): https://www.ml-quant.com/issues/2024-10-23/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Risk, Credit & Banking

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