A Cause for Alarm? The Long‐term Performance of Shareholder Class Action Defendants.
Using two decades of shareholder class action filings, we provide evidence of significant and consistent long‐run price underperformance in defendant firms. By partitioning our sample according to the merits of an action, we show that firms less likely to have been involved in earnings manipulation,...
| Publicado en: | Abacus Vol. 56; no. 2; pp. 213 - 230 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Jun2020
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |