...Guoping Liu; Jerry Sun Purpose The purpose of this study is to examine whether firm-specific litigation risk affects independent director conservatism in the oversight of financial reporting. Design/methodology/approach This study considers the enactment of Sarbanes–Oxley Act and the main US...

...James Malm; Srinidhi Kanuri Purpose The purpose of the paper is to examine the relationship between litigation risk and payout policy. Design/methodology/approach The authors employ various regression techniques including probit, logit and tobit regression methodologies to study...

...James Malm; Nilesh Sah Purpose The purpose of this paper is to understand the association between litigation risk and working capital management. Design/methodology/approach The authors employ four different regression techniques (OLS regressions, regressions with industry and time controls...