Abstract
Investigates the effect of legal liability on corporate financial signaling. What is signal activity; Development of a theoretical model that incorporates the expected liabilities of corporate managers; Reference made to the Private Securities Litigation Reform Act of 1995; Comparison between legal liability of managers with their liability for direct statements pertaining to a firms financial performance.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 209-243 |
| Number of pages | 35 |
| Journal | Journal of Corporation Law |
| Volume | 23 |
| Issue number | 2 |
| State | Published - Jan 1 1998 |
Keywords
- Liability (Law)