This preliminary study examines whether the presence or absence of certain terms in a company's form contracts can reveal its level of litigation risk. First, I estimate the risk of independent contractor misclassification litigation for service-based “sharing economy” businesses by...

Corporate and securities laws are seen to mitigate corporate fraud by 'manipulating the incentives of agents': presenting corporate agents with a probability of being caught and punished if they commit fraud. This article suggests that the same laws also affect corporate fraud in a significant...