U.S. class action lawsuits targeting foreign firms: The country spillover effect

© 2017 Elsevier B.V. We find negative price reactions among non-sued U.S.-listed foreign firms to filings of U.S. shareholder lawsuits targeting firms from their home country. This country spillover effect is stronger for lawsuits, especially accounting-related ones, targeting firms from more poorl...

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Bibliographic Details
Main Authors: Huang, X., Rui, Yixuan, Shen, J., Tian, G.
Format: Journal Article
Published: Elsevier BV * North-Holland 2017
Online Access:http://hdl.handle.net/20.500.11937/71930