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impact auditor liability, and that attorneys would benefit from a better understanding of juror decision making …
Persistent link: https://www.econbiz.de/10012835669
not capture a complete picture of auditor liability, since the vast majority of audit litigation is resolved by attorneys … auditor liability, and that attorneys would benefit from a better understanding of juror decision making …
Persistent link: https://www.econbiz.de/10014361768
liability. Consistent with this view, we find that the stock market recognizes that: (1) the warranty reserve contains … information about firms' future performance, and (2) the reserve is a liability. Second, because warranty accruals require …
Persistent link: https://www.econbiz.de/10012717082
We examine the relation between passive ownership and financial reporting quality measured by Beneish's (1999) earnings' manipulation score (M-score). We find that passive ownership is negatively related to M-score and to the likelihood of being designated as a “manipulator” firm. However,...
Persistent link: https://www.econbiz.de/10012853107
This Article argues that the liability framework governing securities trading is unable to effectively deter and …, benchmarking compliance using the three familiar standards grounding liability: (i) intent; (ii) negligence; and (iii) strict … liability. This Article shows that this framework is ineffective in markets that rely on algorithms – or pre …
Persistent link: https://www.econbiz.de/10013003832
This Article shows that new economic proofs and empirical evidence provide powerful confirmation that, even when horizontal shareholders individually have minority stakes, horizontal shareholding in concentrated markets often has anticompetitive effects. The new economic proofs show that,...
Persistent link: https://www.econbiz.de/10011810808
This is a survey of legal liability for accidents. Three general aspects of accident liability are addressed. The first … is the effect of liability on incentives, both whether to engage in activities (for instance, whether to drive) and how …-bearing and insurance, for the liability system acts as an implicit insurer for accident victims and it imposes risk on potential …
Persistent link: https://www.econbiz.de/10014023514
covered. The first is legal liability for harm. Here we discuss liability rules as incentives to reduce risk, issues of risk …-bearing and insurance, and the costs of the liability system. Second, we consider property law, where we address the nature and …
Persistent link: https://www.econbiz.de/10014024839
Persistent link: https://www.econbiz.de/10000867369
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