Courting innovation: The effects of litigation risk on corporate innovation
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Corporate Finance"
DOI: 10.1016/j.jcorpfin.2021.102098
Abstract: Abstract In this study, we examine the impact of class action litigation shocks on corporate innovation. Our experimental design is based on an unanticipated court ruling that reduces the risk of shareholder class action lawsuits… read more here.
Keywords: litigation; innovation; corporate innovation; class action ... See more keywords
Revisiting the Class Action Certification Matrix in Merricks V Mastercard Inc
Sign Up to like & getrecommendations! Published in 2019 at "King's Law Journal"
DOI: 10.1080/09615768.2019.1656392
Abstract: Billed as the largest damages claim in the United Kingdom’s (UK’s) history, and now destined for Supreme Court adjudication, the case of Merricks v Mastercard Inc (‘Mastercard’) will undoubtedly come to be viewed as a… read more here.
Keywords: law; class; mastercard inc; class action ... See more keywords
The Global Class Action and Its Alternatives
Sign Up to like & getrecommendations! Published in 2018 at "Theoretical Inquiries in Law"
DOI: 10.1515/til-2018-0005
Abstract: Abstract The “American-style” class action, when combined with private rights, is an important tool of American regulatory policy. And just as American regulation has global reach, the global class action is not unfamiliar to U.S.… read more here.
Keywords: alternatives global; class; class action; global class ... See more keywords
Attracting the Sharks: Corporate Innovation and Securities Class Action Lawsuits
Sign Up to like & getrecommendations! Published in 2020 at "Corporate Governance"
DOI: 10.2139/ssrn.3143690
Abstract: Low-quality securities class action lawsuits disproportionally target firms with valuable innovation output and lead to substantial shareholder-value losses. We establish this fact using data on class action lawsuits between 1996 and 2011 and the value… read more here.
Keywords: class; innovation; securities class; class action ... See more keywords