Hassan, M. Kabir; Houston, Reza; Karim, Md. Sydul - 2021
In this study, we examine the impact of class action litigation shocks on corporate innovation. Our experimental design … within the jurisdiction of the US Ninth Circuit. Innovation output by firms headquartered in this area increased …, which states that the threat of litigation leads to managerial myopia. The increase in innovation is more pronounced at high …