Iftikhar, Kainat; Bagh, Tanveer; Khan, Muhammad Asif - In: Borsa Istanbul Review 24 (2024) 4, pp. 732-746
Amid ongoing discussion over the merits and demerits of litigation, this study addresses the impact of litigation risk … techniques to address endogeneity. We find that both litigation risk and financial constraints significantly hinder innovation …. We highlight the corporate governance index as a potential moderator, which mitigates the negative impacts of litigation …