According to the existing literature, institutional investors have a significant impact on the litigation risk of publicly traded companies. This should be particularly true after the Private Securities Litigation Reform Act (PSLRA) of 1995 that encourages institutional investors to serve as...

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...