Friday, August 25, 2017

Todd Henderson (Chicago): Lawyers make better CEOs in industries with high litigation risk (and worse CEOs elsewhere) (Michael Simkovic)

Professor Henderson finds that: "CEOs with legal expertise are effective at managing litigation risk by, in part, setting more risk-averse firm policies. Second, these actions enhance value only when firms operate in an environment with high litigation risk or high compliance requirements. Otherwise, these actions could actually hurt the firm."

The full article is here.  A summary in the Harvard Business Review is here.

http://leiterlawschool.typepad.com/leiter/2017/08/todd-henderson-chicago-lawyers-make-better-ceos-in-industries-with-high-litigation-risk-and-worse-ce.html

Guest Blogger: Michael Simkovic, Law in Cyberspace, Legal Profession, Professional Advice, Science, Weblogs | Permalink