kaal:claim:2629451-010
The U.S. financial corporations subject to N/DPAs collectively exceed $690 billion in market capitalization and more than $20 trillion in assets under management, making N/DPA governance intervention economically consequential.
Source quote, verbatim
The collective market capitalization of U.S. financial corporations that are subject to NDPAs exceeds $690 billion and exceeds over $20 trillion in assets under management (Copland 2012).
From
Wulf A. Kaal, Timothy Lacine, Stock Price Response to Non- and Deferred Prosecution Agreements (2015), I. Introduction, p. 3
https://ssrn.com/abstract=2629451 · source PDF
Cite as
Wulf A. Kaal, Timothy Lacine, Stock Price Response to Non- and Deferred Prosecution Agreements (2015). SSRN: https://ssrn.com/abstract=2629451
Holds when
Classification
empiricalsupport: evidencedeconomicsinstitutional-design
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