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)|
|Number of pages||35|
|Journal||Journal of Corporation Law|
|State||Published - Jan 1 1998|
- Liability (Law)