kaal:claim:2486570-005

Prosecutors favor non and deferred prosecution agreements because those agreements avoid the uncertainty of potentially catastrophic collateral consequences for the company, unlike an indictment.

Second, prosecutors favor N/DPAs because they do not entail the uncertainty of potentially catastrophic collateral consequences for the company.

Wulf A. Kaal, Timothy Lacine, The Effect of Deferred and Non-Prosecution Agreements on Corporate Governance Evidence from 1993-20 (2014), I. INTRODUCTION, p. 4
https://ssrn.com/abstract=2486570 · source PDF

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

mechanismsupport: arguedrisk-and-incentivescompliance

• extends kaal:claim:2273857-063 Almost 300 deferred prosecution agreements have been executed since 2003, whereas before 2003 they were rarely...

The quote above is an exact substring of the source PDF, whose sha256 is 8c3981c9a55d8a3fe59a01660584eebc3feb3fb9109ca65344095bebe4ae49a4. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/abea4a288dcef095...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2486570-005.md | sha256sum