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Published in 2017 at "Journal of Economics and Finance"
DOI: 10.1007/s12197-016-9382-6
Abstract: We use a unique hand-collected dataset on corporate litigation to empirically examine the relationship between litigation risk and investment policy. We document a positive relationship between litigation risk and total investments. Decomposing total investments into…
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Keywords:
litigation;
relationship litigation;
litigation risk;
investment policy ... See more keywords