Corporate Governance and Shareholder Litigation

25 Pages Posted: 2 Dec 2008

See all articles by George Kalchev

George Kalchev

affiliation not provided to SSRN

Date Written: December 1, 2008

Abstract

The probability for shareholder litigation is studied and how corporate governance characteristics and other factors explain it. Shareholder litigation results from failure of corporate governance. Thus a better quality of corporate governance is hypothesized to decrease the litigation probability. Corporate governance index is constructed based on principal components. It is found to be a significant predictor of shareholder litigation.

Keywords: shareholder litigation, corporate governance, principal components, panel logit model

Suggested Citation

Kalchev, George, Corporate Governance and Shareholder Litigation (December 1, 2008). Available at SSRN: https://ssrn.com/abstract=1309555 or http://dx.doi.org/10.2139/ssrn.1309555

George Kalchev (Contact Author)

affiliation not provided to SSRN

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