Publication: Competition and the Reputational Costs of Litigation
Competition and the Reputational Costs of Litigation
Date
Date
Date
Citations
von Meyerinck, F., Pursiainen, V., & Schmid, M. (2025). Competition and the Reputational Costs of Litigation. Journal of Financial and Quantitative Analysis, Epub ahead of print. https://doi.org/10.1017/s0022109024000802
Abstract
Abstract
Abstract
We study the role of competition in customers’ reactions to litigation against firms, using anonymized mobile phone location data. A class action lawsuit filing is followed by a 4% average reduction in customer visits to target firms’ outlets in the following months. The effect strongly depends on competition. Outlets facing more competition experience significantly larger negative effects. Closer competition matters more, both in terms of geographic and industry proximity. Announcement returns and quarterly accounting revenues around
Metrics
Downloads
Views
Citations
Additional indexing
Creators (Authors)
- Pursiainen, Vesa
- Schmid, Markus
Journal/Series Title
Journal/Series Title
Journal/Series Title
Page range/Item number
Page range/Item number
Page range/Item number
Item Type
Item Type
Item Type
In collections
Scope
Scope
Scope
Language
Language
Language
Publication date
Publication date
Publication date
Date available
Date available
Date available
ISSN or e-ISSN
ISSN or e-ISSN
ISSN or e-ISSN
OA Status
OA Status
OA Status
Free Access at
Free Access at
Free Access at
Publisher DOI
Metrics
Downloads
Views
Citations
Citations
von Meyerinck, F., Pursiainen, V., & Schmid, M. (2025). Competition and the Reputational Costs of Litigation. Journal of Financial and Quantitative Analysis, Epub ahead of print. https://doi.org/10.1017/s0022109024000802
