Purpose The purpose of this paper is to review research on litigation in corporate finance.
Design/methodology/approach This paper surveys studies on the estimation of litigation risk …

The burden of proof, a central feature of adjudication and other decision-making contexts,
constitutes an important but largely unappreciated policy instrument. The optimal strength of …

According to the existing literature, institutional investors have a significant impact on the
litigation risk of publicly traded companies. This should be particularly true after the Private …

We examine the relationship between IPO underpricing and litigation risk in an international
setting using a sample of 13,759 firms that went public across 40 countries between 1991 …

Purpose The purpose of this paper is to understand the association between litigation risk
and working capital management. Design/methodology/approach The authors employ four …

This study aims at investigating the performance of energy companies at IPO and
highlighting the differences in underpricing and stock return trends of green energy …

Using hand-collected data from the US, we examine the influence of political money
contributions (PMC) on IPO financial reporting. Unraveling the conflicting managerial …

The optimal stringency of the burden of proof is characterized in a model in which relaxing
the proof burden enhances deterrence but also chills desirable behavior. The result are …

Purpose This study aims to identify mutually exclusive risk categories and determine
whether these categories effectively capture the potential impact of risk disclosures on the …

We examine the impact of firms' pre-IPO earnings on the relationship between litigation risk
and IPO underpricing. We confirm the insurance effect of the lawsuit avoidance hypothesis; …