# kaal:claim:2629451-035

**Claim.** The findings rest on a small sample and limited data, so they should be treated as provisional pending replication on a larger set of publicly traded N/DPA firms.

**Type.** failure  **Support.** asserted

**Holds when.**

- 94 firm sample, 59 firms at the end of term event

**Source quote.**

> The findings of this study are based on a small sample size and limited data.

**From.** Wulf A. Kaal, Timothy Lacine, *Stock Price Response to Non- and Deferred Prosecution Agreements* (2015), VI. Discussion, 3. Limitations and Future Research, page 20

**Cite as.** Wulf A. Kaal, Timothy Lacine, Stock Price Response to Non- and Deferred Prosecution Agreements (2015). SSRN: https://ssrn.com/abstract=2629451

**Verify.** sha256 of source PDF `507404d641abb922ab6d8e3a0b032e35ead2befd7b88746d09d178a8fa816957` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20and%20Lacine%20-%202015%20-%20Stock%20Price%20Response%20to%20Non-%20and%20Deferred%20Prosecution%20Agreements.pdf

**Failure mode.** small-sample-limitation  (family: sample-and-selection-bias)

**Topics.** empirical-evidence

**Keywords.** limitations, sample-size, statistical-power, replication

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.