Does the Threat of Securities Class Actions Add Value for Shareholders? Evidence from China
Reynolds Holding
MAY 17, 2022
Fourth, SCA can reduce management incentives to undertake positive net present value (NPV) investments that are innovative but risky and increase the difficulty of attracting and retaining high-caliber outside directors. style SCA to China in 2020. Item 3 of Article 95 permits SCA suits in response to misrepresentations.
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