Browsing HBS Scholarly Articles by Keyword "lawsuits and litigation"
Now showing items 1-2 of 2
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Accountability of independent directors: Evidence from firms subject to securities litigation
(Elsevier, 2014)We examine which independent directors are held accountable when investors sue firms for financial- and disclosure-related fraud. Investors can name independent directors as defendants in lawsuits, and they can vote against ... -
Consequences of Financial Reporting Failure for Outside Directors: Evidence from Accounting Restatements and Audit Committee Members
(2005)I use a sample of 409 companies that restated their earnings from 1997 to 2001 to examine penalties for outside directors, particularly audit committee members, when their companies experience accounting restatements. ...