The Activism Gap
Date of Event
9-22-2026
Description
4:30-5:30 p.m.
Hedge fund activism has become a central feature of modern corporate governance, yet academic research and policy debates have largely focused on activist engagements with large-cap public companies. Most activist engagements, however, do not target trillion-dollar companies or play out on the front pages of the financial press. Instead, they take place far from the spotlight in small-cap public companies, which comprise the majority of public companies in the United States. These companies operate in a markedly different governance environment—one characterized by limited analyst coverage, weak media scrutiny, low levels of institutional investor engagement, and diminished public and private enforcement. We term this striking difference the “Activism Gap.”
Location
CWRU Law School Moot Courtroom
Document Type
Video
Recommended Citation
Nili, Yaron, "The Activism Gap" (2026). Conferences and Symposia. 1165.
https://scholarlycommons.law.case.edu/law_videos_general/1165