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| Author: | Koku, P. S. Qureshi, A. A. Akhigbe, A. |
| Title: | The effects of news on initial corporate lawsuits |
| Journal: | Journal of Business Research
2001 : JUL, VOL. 53:1, p. 49-55 |
| Index terms: | Company law Financial markets Value analysis |
| Freeterms: | Initial lawsuits Case studies |
| Language: | eng |
| Abstract: | This study examines the impact of news of initial lawsuits on the value of both the defendant and plaintiff firms. It extends Bhagat et al. (J. Financ. Econ. 35 (1994)221) by distinguishing between interfirm and noninterfirm lawsuits. It is found that the financial markets react differently to news on interfirm and noninterfirm lawsuits. |
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