Extreme Value Hedging: How Activist Hedge Fund Managers Are Taking on the World

"An intelligent, well-researched, and very useful book. Experts and laymen alike will find it eye-opening."
—JEFFREY H. BIRNBAUM, The Washington Post

"Love them or hate them, activist hedge funds are having a significant impact on the American and global corporate economies. Ron Orol's detailed and thoughtful book is required reading for anybody who wants to understand what these funds are, how they work, and the various good and bad effects they can have on corporate performance."
—LAWRENCE E. MITCHELL, Theodore Rinehart Professor of Business Law at George Washington University, author of The Speculation Economy

"Provides breadth, insight, and a worldwide perspective on one of our most dramatic capital market developments—the rise of the activist hedge fund. The book is essential reading for those who want to understand the current economic scene."
—HARVEY J. GOLDSCHMID, Dwight Professor of Law at Columbia Law School, former SEC Commissioner (2002-05)

"Ron Orol's deep network of contacts and his insight into shareholder activism make this book a must for anyone seeking to understand these enfants terribles of the capital markets."
—BOYD ERMAN, Capital Markets Reporter, The Globe and Mail

"A fascinating read on the David and Goliath interaction between a small group of activist investors and corporations of all sizes worldwide. Orol spares no details as he unlocks the secrets of how activist shareholders create dramatic change in today's global investment marketplace."
—JAMES G. TOMPKINS, PhD, Director of Board Advisory Services, Corporate Governance Center,Kennesaw State University