Αποτελέσματα Αναζήτησης
1 Φεβ 2012 · Extant research commonly uses industry dummy variables to measure securities litigation risk. We report on the predictive ability of alternative models of litigation risk to assess the validity of these dummy variables. The industry measure alone does a relatively poor job of predicting litigation. Supplementing this variable with measures of ...
POWER AND STATISTICAL SIGNIFICANCE IN SECURITIES FRAUD LITIGATION. JILL E. FISCH* JONAH B. GELBACH** Event studies, a half-century-old approach to measuring the effect of events on stock prices, are now ubiquitous in securities fraud litigation.
11 Ιαν 2021 · In the case of securities litigation risk, researchers generally use estimates in two ways. First, researchers include litigation risk as a control variable in a regression specification where litigation is a correlated omitted variable.
Critics assert that securities class actions are economically burdensome and yield minimal recoveries, whereas proponents claim they deter wrongdoing. We examine key events in the recent Goldman Sachs Supreme Court case to test the net effect of securities litigation risk on shareholder value.
Securities Fraud: Estimated Number of Damaged Shares 529 have been developed and used in class-action securities fraud litigation to estimate the number of effected shares.
12 Μαΐ 2020 · The event study—a statistical tool borrowed from financial economics—has become a critical tool in securities fraud litigation. In litigation, event studies are used to measure the extent to which market prices react to the release of new information.
1 Φεβ 2021 · Securities litigation is one of the main external disciplinary forces in corporate governance. Recent studies provide direct evidence that the threat of securities litigation can mitigate agency problems arising from the separation of ownership and control.
