This paper presents the results of a study that measures the costs associated with litigation for plaintiff and defendant companies for a sample of companies listed on the Australian Securities Exchange. The study uses event study methodology to examine the effects of litigation initiation...

There is significant interest in the volume of litigation before the courts. This will have important implications for the resources that the courts need to deal with this ligation. Although there is an increasing amount of information available about matters before the courts, little is known...