Are Judges Like Umpires? Political Affiliation and Corporate Prosecutions

Courtesy of Todd A. Gormley, Mahsa Kaviani, and Hosein Maleki The outcomes of corporate prosecutions can devastate even the largest multinational corporations and set long-lasting judicial precedents that affect how businesses operate.  For example, the 2002 guilty verdict against Arthur Andersen (AA), one of the “Big 5” accounting firms with over 28,000 employees, resulted in […]