Chava, Sudheer; Agnes Cheng, C.S.; Huang, Henry; Lobo, … - In: International Journal of Law and Management 52 (2010) 2, pp. 144-161
Purpose – The purpose of this paper is to investigate the effects of class action litigation on firms' cost of equity capital. Design/methodology/approach – The paper uses three different models to estimate the cost of equity capital. To separate the impact of lawsuit filings on the cost of...