Activist hedge funds hurt credit quality

Bill Sjostrom —  13 June 2007

The Financial Times reports today on a Moody’s study that finds “[a]ctivist hedge funds and other short-term shareholders are almost always bad for the credit quality of their target companies . . . .” (See here for the FT article).

I’m interested in reading the Moody’s study but have been unable to find it online. If anyone has a link, please post it in the comments to this post. Thanks.