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Corporate Governance and Shareholder Litigation

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  • Kalchev, Georgi

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.

Suggested Citation

  • Kalchev, Georgi, 2009. "Corporate Governance and Shareholder Litigation," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 8(2), pages 40-55.
    • Handle: RePEc:zbw:espost:146796
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    References listed on IDEAS

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