kaal:claim:2486570-017

Business change provisions in non and deferred prosecution agreements can go as far as requiring the entity to fundamentally change its business model or to shut down entire business units.

Source quote, verbatim

N/DPA mandated business changes identified in this study could require the respective entity to fundamen- tally change its business model or shut down entire business units, among other possible business changes.

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

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

empiricalsupport: evidencedgovernance-designcorporate-governancecompliance

Related claims

supported_by kaal:claim:kaal-2014-dynamicregulationviagove-024 Over 97 percent of the non and deferred prosecution agreements executed in the United States between 1993 and ...
supports kaal:claim:2273857-061 Prosecutors negotiating deferred prosecution agreements may lack the expertise needed to negotiate high level ...

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