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This paper empirically examines the impact of entrepreneurial firm plaintiff litigation on the ability of … important, as both the costs of litigation and potential benefits are arguably more pronounced for start-ups relative to … established firms. We consider cases of litigation being initiated both before and during VC financing. The data indicate (1 …
Persistent link: https://www.econbiz.de/10013115080
This paper empirically examines the interaction between entrepreneurial plaintiff firm litigation and venture capital …, and (5) when litigation occurs after VC financing, they are also less likely to be liquidated. The results are robust to …
Persistent link: https://www.econbiz.de/10012998535
Because judges exercise discretion in how they handle and decide cases, heterogeneity across judges can affect case outcomes and, thus, preferences among litigants for particular judges. However, selection obscures the causal mechanisms that drive these preferences. We overcome this challenge by...
Persistent link: https://www.econbiz.de/10014468955
This paper examines the impact of jury racial composition on trial outcomes using a unique dataset of all felony trials in Sarasota County, Florida between 2004 and 2009. We utilize a research design that exploits day-to-day variation in the composition of the jury pool to isolate quasi-random...
Persistent link: https://www.econbiz.de/10010280757
This paper examines the impact of jury racial composition on trial outcomes using a unique dataset of all felony trials in Sarasota County, Florida between 2004 and 2009. We utilize a research design that exploits day-to-day variation in the composition of the jury pool to isolate quasi-random...
Persistent link: https://www.econbiz.de/10008665132
In criminal cases the task of the judge is to transform the uncertainty about the facts into the certainty of the verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective probability of guilt and verdict for abstract cases. We look at...
Persistent link: https://www.econbiz.de/10011377092
Persistent link: https://www.econbiz.de/10010487487
It has been argued that, under certain conditions, judges are motivated to engage in strategic defection against their appointer once they perceive the latter to be losing effective power. This behaviour should generate a clustering of decisions unfavourable to the incumbent administration at...
Persistent link: https://www.econbiz.de/10013074786
Drawing upon data interviews with Chinese judges who were involved in the decision-making process, we develop two variables for analyzing the influence of social ties, or guanxi, in the judicial setting. The first differentiates the strength of guanxi – whether it is strong or weak. The second...
Persistent link: https://www.econbiz.de/10012964219
This paper asks the question whether the courts have a role in shaping economic policy decisions at the EU level. It analyses which types of “economic” cases reached the courts during the financial crisis in the EU, and to what extent and with which arguments Member States' courts and the...
Persistent link: https://www.econbiz.de/10012927398