Prosecutors favor non and deferred prosecution agreements because those agreements avoid the uncertainty of potentially catastrophic collateral consequences for the company, unlike an indictment.
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Second, prosecutors favor N/DPAs because they do not entail the uncertainty of potentially catastrophic collateral consequences for the company.
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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
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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
extendskaal:claim:2273857-063 Almost 300 deferred prosecution agreements have been executed since 2003, whereas before 2003 they were rarely...
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