kaal:claim:2486570-022
If leading corporations in an industry are bound by substantially similar agreements, the government's privileged access to information and its continuing oversight beyond the agreement term can make business and governance practices in that industry change lastingly.
Source quote, verbatim
Given the government's privileged access to information and continuing government oversight, even after the N/DPA term expires, business and governance practices in that industry could encounter lasting change.
From
Wulf A. Kaal, Timothy Lacine, The Effect of Deferred and Non-Prosecution Agreements on Corporate Governance Evidence from 1993-20 (2014), VI.B. IMPLICATIONS FOR BOARDS, MANAGEMENT, AND LEGAL COUNSEL, p. 55
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
Holds when
Classification
mechanismsupport: arguedgovernance-designcorporate-governance
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Attestation record: colloquium/attestations/895140e37bb60a7f...json
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