Attracting the Sharks: Corporate Innovation and Securities Class Action Lawsuits
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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