kaal:claim:2486570-004
Once prosecutors have investigated and identified corporate wrongdoing, non and deferred prosecution agreements let them avoid an expensive trial against a sophisticated and well funded corporate defendant, which is one reason both sides have strong incentives to settle.
Source quote, verbatim
prosecutors have investigated and identified corporate wrongdoing, they can use N/DPAs to avoid an expensive trial against a sophisticated and well-funded cor- porate defendant.
From
Wulf A. Kaal, Timothy Lacine, The Effect of Deferred and Non-Prosecution Agreements on Corporate Governance Evidence from 1993-20 (2014), I. INTRODUCTION, p. 3
https://ssrn.com/abstract=2486570 · source PDF
Cite as
Wulf A. Kaal, Timothy Lacine, The Effect of Deferred and Non-Prosecution Agreements on Corporate Governance Evidence from 1993-20 (2014). SSRN: https://ssrn.com/abstract=2486570
Classification
mechanismsupport: arguedrisk-and-incentivescompliancelaw-and-legal-systems
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