Analyst coverage and lawsuit risk

被引：1
|
作者：
Unsal, Omer [1 ]
机构：
[1] Merrimack Coll, Girard Sch Business, 315 Turnpike St, N Andover, MA 01845 USA
来源：
APPLIED ECONOMICS LETTERS | 2019年 / 26卷 / 11期
关键词：
Labor laws; litigation process; labor process; EARNINGS; QUALITY; FIRM;
D O I：
10.1080/13504851.2018.1520962
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
In this study, we use a unique, hand-collected dataset of employee lawsuits and study the impact of analyst coverage on labour relations. We find that an increase in analyst coverage lowers the work-related litigations. In addition, we show that an increased number of analysts lowers the litigation cost, measured by settlement fees and attorney fees. Our results suggest analysts have an important impact on employee relations. Our research enriches the literature on employment practices and analyst coverage.
引用
收藏
页码：914 / 918
页数：5
相关论文
共 50 条
  • [1] Analyst coverage and default risk
    Fiorillo, Paolo
    Meles, Antonio
    Salerno, Dario
    Verdoliva, Vincenzo
    [J]. INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2024, 94
  • [2] Analyst Coverage and Expected Crash Risk: Evidence from Exogenous Changes in Analyst Coverage
    Kim, Jeong-Bon
    Lu, Louise Yi
    Yu, Yangxin
    [J]. ACCOUNTING REVIEW, 2019, 94 (04): : 345 - 364
  • [3] Analyst coverage and future stock price crash risk
    He, Guanming
    Bai, Lu
    Ren, Helen Mengbing
    [J]. JOURNAL OF APPLIED ACCOUNTING RESEARCH, 2019, 20 (01) : 63 - 77
  • [4] Analyst coverage, corporate social responsibility, and firm risk
    Jo, Hoje
    Harjoto, Maretno
    [J]. BUSINESS ETHICS-A EUROPEAN REVIEW, 2014, 23 (03) : 272 - 292
  • [5] Accruals quality and analyst coverage
    Lobo, Gerald J.
    Song, Minsup
    Stanford, Mary
    [J]. JOURNAL OF BANKING & FINANCE, 2012, 36 (02) : 497 - 508
  • [6] Analyst coverage and syndicated lending
    Hallman, Nicholas
    Howe, John S.
    Wang, Wei
    [J]. REVIEW OF ACCOUNTING STUDIES, 2023, 28 (03) : 1531 - 1569
  • [7] Is there an analyst (un)coverage premium?
    Cevheroglu-Acar, Merve G.
    Karahan, Cenk C.
    Yilmaz, Neslihan
    [J]. RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE, 2022, 61
  • [8] Analyst coverage and financing decisions
    Chang, Xin
    Dasgupta, Sudipto
    Hilary, Gilles
    [J]. JOURNAL OF FINANCE, 2006, 61 (06): : 3009 - 3048
  • [9] Analyst coverage and corporate misconduct
    Yang, Jiefei
    Wang, Ruohan
    Xue, Yi
    [J]. AUSTRALIAN ECONOMIC PAPERS, 2021, 60 (02) : 261 - 288
  • [10] The impact of corruption on analyst coverage
    Hassan, Omaima
    Giorgioni, Gianluigi
    [J]. MANAGERIAL AUDITING JOURNAL, 2019, 34 (03) : 305 - 323
12345