The Audit Analytics Accounting Quality + Risk Matrix (AQRM) makes it easy to identify accounting, audit, and governance red flags for public companies. This blog series breaks down the risks associated with specific firm-level events included in the AQRM. Shareholder activism is the process … Continue reading
Category Archives: Shareholder Activism
Shareholder Activism: Using Analysis of 13D Events as Investment Strategy
A year ago, Audit Analytics analyzed shareholder activism as reported by Schedule 13D filings. Form SC 13D is filed with the Securities and Exchange Commission within 10 days whenever a person or group has attained a greater than 5% position … Continue reading
Auditor Ratification: Shareholders Appear Content
Since a change in regulation came about in 2010, it has become significantly more common for shareholders to vote on the company’s independent auditor. That change, first implemented by the NYSE and then approved by the SEC, limited a broker’s … Continue reading
Shareholder Activists Most Concerned With Russell 3000 Firms From 2005-2012
Shareholder activism has been in the news lately, and activists have increasingly targeted companies with market caps greater than $1B. Daniel Loeb, founder of hedge fund Third Point, LLC, has been a prime player. Earlier this year, Third Point sent a letter … Continue reading