This article analyses the heterogeneous character of compensation amounts awarded by insurance companies and the courts. The information source – the Association for Insurance Risk Information (AGIRA) database – covers all surviving victims of injuries resulting from road accidents in France...

In this paper, we investigate the relation between cash flow, debt, investment and performance according to whether the firm is multinational (versus domestic), keiretsu (versus independent) or both multinational and keiretsu. Using a Japanese sample of 3024 firm-year observations in the period...

In France, the reform of the judicial map initiated in mid-2007 and achieved in 2010 led to a large reduction in the number of first instance courts, from nearly 500 to around 300. In this paper, we investigate the consequences of this reform on conciliation activities. We rely on a panel data...