The impact of litigation risk on corporate prospective disclosure : a review of the empirical literature

Gallery, Gerry T., Nelson, Jodie, & Guo, Chan (2012) The impact of litigation risk on corporate prospective disclosure : a review of the empirical literature. Corporate Ownership and Control, 10(1), pp. 53-61.

[img] pending for publisher permission (PDF 231kB)
Accepted Version.
Administrators only | Request a copy from author

View at publisher

Abstract

We review the literature on the impact of litigation risk (a form of external governance) on corporate prospective disclosure decisions as reflected in management earnings forecasts. From this analysis we identify four key areas for future research. First, litigation risk warrants more attention from researchers; currently it tends to be treated as a secondary factor impacting MEF decisions. Second, it would be informative from a governance perspective for researchers to explore why litigation risk has a differential impact on MEF decisions across countries. Third, understanding the interaction between litigation risk and forecast/firm-specific characteristics is important from management, investor and regulatory perspectives but is currently under-explored Last, research on the litigation risk and MEF attributes link is piecemeal and incomplete, requiring more integrated and expanded analysis.

Impact and interest:

0 citations in Scopus
Search Google Scholar™

Citation counts are sourced monthly from Scopus and Web of Science® citation databases.

These databases contain citations from different subsets of available publications and different time periods and thus the citation count from each is usually different. Some works are not in either database and no count is displayed. Scopus includes citations from articles published in 1996 onwards, and Web of Science® generally from 1980 onwards.

Citations counts from the Google Scholar™ indexing service can be viewed at the linked Google Scholar™ search.

ID Code: 55468
Item Type: Journal Article
Refereed: Yes
Keywords: external governance, litigation risk
ISSN: 1810-3057
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Accountancy
Copyright Owner: Copyright 2012 Virtus Interpress
Deposited On: 11 Dec 2012 03:10
Last Modified: 12 Dec 2012 21:24

Export: EndNote | Dublin Core | BibTeX

Repository Staff Only: item control page