Shareholder litigation and corporate disclosure: Evidence from derivative lawsuits

Shareholder litigation and corporate disclosure: Evidence from derivative lawsuits

Using the staggered adoption of universal demand (UD) laws in the United States, we study the effect of shareholder litigation risk on corporate disclosure. We find that disclosure significantly increases after UD laws make it more difficult to file derivative lawsuits. Specifically, firms issue mor...

Full description

Saved in:
Bibliographic Details
Main Authors: BOURVEAU, Thomas, LOU, Yun, WANG, Rencheng
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2018
Subjects:
Corporate disclosure
Corporate governance
Derivative lawsuits
Shareholder litigation
Universal demand laws
Accounting
Accounting Law
Corporate Finance
Litigation
Online Access:https://ink.library.smu.edu.sg/soa_research/1713
https://ink.library.smu.edu.sg/context/soa_research/article/2740/viewcontent/Shareholder_Litigation_2017_afv.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soa_research/1713
https://ink.library.smu.edu.sg/context/soa_research/article/2740/viewcontent/Shareholder_Litigation_2017_afv.pdf

Similar Items