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Defensive dishonesty in criminal investigations has increasingly been prosecuted without standards for identifying harmful deception or other meaningful checks on prosecutorial discretion. Although they are often grouped together statistically and evaluated as comparable crimes, there is a clear...
Persistent link: https://www.econbiz.de/10009471547
This paper is a theoretical analysis of incentive setting via civil litigation, with a focus on incentives for care in …. In most existing research, litigation is modeled in reduced form, as a sort of costly audit, without explicit …
Persistent link: https://www.econbiz.de/10009472579
litigation. Litigation events, while significant, arerare.I suggest that this degree of order is, at least partly,attributable to … disputes.This has two consequences. First, firms facing low status ambiguityare less likely to be involved in patent litigation … than are firmsfacing high status ambiguity. Patent litigation events representfailures to resolve patent disputes out of …
Persistent link: https://www.econbiz.de/10009480851
empirical evidence of a cross-country positive association between the number of lawyers per capita and the extent of litigation …. For instance, Spain has more litigation and more lawyers per capita than most OECD countries. How should this association …
Persistent link: https://www.econbiz.de/10012530438
. Chapter 2 examines the wealth effects of litigation events on the firms involved, as wellas on their industry peers. I find … that litigation events have a strong negative effect on boththe firms sued, as well as their competitors. Chapter 3 … examines whether managers usefinancial policy strategically when facing an increased risk of litigation claims. I find …
Persistent link: https://www.econbiz.de/10009429375
In this paper, we explore empirically whether the USDA Forest Service's litigation success rate in each Forest Service …. We find strong evidence of an inverse relationship between the Forest Service's litigation success rate and the …
Persistent link: https://www.econbiz.de/10009429454
This dissertation examines the litigation and legal liability exposure of auditors related to the Sarbanes-Oxley Act of … 2002 (SOX). Three separate studies were conducted to examine how auditor s litigation exposure is evaluated by potential … examines whether the auditor s SOX Section 404 reporting decisions influence lawyers assessments of their litigation exposure …
Persistent link: https://www.econbiz.de/10009431060
This paper investigates the role of currency denomination in the the intertemporal risk-return relation among G7 countries. Similar to the findings of previous studies, our estimation also shows that the financial markets of the G7 countries are integrated. We obtain significant pricing...
Persistent link: https://www.econbiz.de/10009440704
We study the impact of time-varying macroeconomic conditions on optimal dynamic capital structure and the aggregate dynamics of firms in a cross-section. Our structural-equilibrium framework embeds a contingent-claim corporate financing model within a standard consumption-based asset- pricing...
Persistent link: https://www.econbiz.de/10009441273
European farmers face increasing income uncertainty and the debate is growing on the role of insurance schemes and of public support in this field. This debate is further stimulated by the perspective of introducing instruments to cope with risk also in the Common Agricultural Policy. Therefore,...
Persistent link: https://www.econbiz.de/10009442282