Mathematical analysis of civil litigation and empirical research of corporate governance

dc.contributor.authorLiu, Junling
dc.contributor.authorFormaneck, Steven
dc.date.accessioned2022-05-22T10:53:39Z
dc.date.available2022-05-22T10:53:39Z
dc.date.copyright© 2021
dc.date.issued2022
dc.description.abstractIn addition to reducing R&D investment and changing senior managers or corporate name, the significant uncertainty and reputation shock brought by civil litigation may also have a vital impact on corporate governance of the sued company. We use A-share listed companies in Shanghai and Shenzhen stock exchanges from 2011 to 2018 to empirically examine the impact of civil litigation on corporate governance and its mechanism. It is found that, civil litigation is negatively correlated with corporate governance, and financing liabilities (FL) play an intermediary role in the negative correlation. Furthermore, judicial local protectionism weakens the negative correlation between civil litigation and corporate governance. Finally we close with directions for future research. © 2021 Junling Liu et al., published by Sciendo 2021.
dc.identifier.citationLiu, J., & Formaneck, S. (2022). Mathematical analysis of civil litigation and empirical research of corporate governance. Applied Mathematics and Nonlinear Sciences. https://doi.org/10.2478/amns.2022.1.00003
dc.identifier.issn24448656
dc.identifier.urihttps://doi.org/10.2478/amns.2022.1.00003
dc.identifier.urihttp://hdl.handle.net/20.500.12519/655
dc.language.isoen_US
dc.publisherSciendo
dc.relationAuthors Affiliations : Liu, J., Faculty Of Financial Management, Accounting School, Shanghai Lixin University Of Accounting And Finance, Shanghai, 201620, China; Formaneck, S., Faculty Of Management Operations And Supply Chain Management, Canadian University Dubai, Karama, Dubai, United Arab Emirates
dc.relation.ispartofseriesApplied Mathematics and Nonlinear Sciences
dc.rightsCreative Commons Attribution 4.0 International License
dc.rights.holder© 2021 Junling Liu et al., published by Sciendo 2021.
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/
dc.titleMathematical analysis of civil litigation and empirical research of corporate governance
dc.typeArticle

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