kaal:claim:2486570-016
The less prevalent categories of governance change mandated by non and deferred prosecution agreements are increased monitoring at 46 percent of the sample, board changes at 38 percent, business changes at 30 percent, and senior management changes at 30 percent.
Source quote, verbatim
include increased monitoring re- quirements (46 percent of the sample), N/DPA mandated board changes (38 per- cent of the sample), business changes (30 percent of the sample), and changes in senior management (30 percent of the sample).
From
Wulf A. Kaal, Timothy Lacine, The Effect of Deferred and Non-Prosecution Agreements on Corporate Governance Evidence from 1993-20 (2014), VI.A. SUMMARY OF KEY FINDINGS, p. 52
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
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empiricalsupport: evidencedcorporate-governancecomplianceempirical-evidence
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