to matched control firms after the law change, particularly for firms facing higher litigation risk or operating in more …

litigation risk and useful information for the recruitment and retention of audit committee members …

Does personal litigation risk for independent directors materially affect firm valuation, compensation-related issues … their own equity grants and increased their future litigation risk, to examine these issues. Understanding changes in … independent director litigation risk is important because such changes may affect directors’ willingness or ability to serve on …

After decades of declining litigation risk, independent directors of public companies are viewed as effectively immune … and firms both reacted to this rare increase in director-only litigation risk. First, Delaware firms experienced …

judge ideology on litigation risk is greater for firms with more sophisticated shareholders and with higher expected … litigation risk measure: federal judge ideology. We find that judge ideology complements existing measures of litigation risk … litigation costs. Furthermore, judicial appointments affect litigation risk and the value of firms in the circuit, highlighting …

Amid ongoing discussion over the merits and demerits of litigation, this study addresses the impact of litigation risk … techniques to address endogeneity. We find that both litigation risk and financial constraints significantly hinder innovation … risk and fosters innovation. Additionally, our findings emphasize the pronounced decline in innovation among highly …