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
eCommons Citation
Lau, Terence, "Management and Market Reactions to Litigation: Do Shareholders Win When the Company Loses?" (2006). Management and Marketing Faculty Publications. 7.
https://ecommons.udayton.edu/mgt_fac_pub/7
Included in
Business Administration, Management, and Operations Commons, Entrepreneurial and Small Business Operations Commons, Marketing Commons