Document Type

Article

Publication Date

2006

Publication Source

Academy of Management Perspectives

Abstract

This research brief summarizes a study on how markets react to settlements and judgments. Prior research suggests that when companies refuse to settle and instead take on litigation, they are rewarded by markets even when they lose the case. Why this occurs has tremendously important significance for senior management.

Inclusive pages

72-74

ISBN/ISSN

1558-9080

Document Version

Published Version

Publisher

Academy of Management

Volume

20