Chief executives whose companies are embroiled in lawsuits over serious environmental or intellectual property (IP) issues either experience no reputational damage or, in some cases, find themselves better off.
In a study of almost 10,000 cases filed in the United States Federal Court over an eight-year period, researchers in Australia's University of Adelaide’s Business School investigated the flow-on effect for CEOs after their companies were sued for contractual, environmental and intellectual property lawsuits. The findings have been published in the Journal of Contemporary Accounting & Economics.
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