We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Politically Connected Cos. Face Lower SEC Threat, Study Says

Law360, New York (August 13, 2014, 8:30 PM EDT) -- Politically connected firms are less likely to be targeted by Securities and Exchange Commission enforcement actions, according to a new paper by a London Business School professor, who says that contributions to politicians who can influence the SEC are especially effective at reducing the threat.

According to the paper published earlier this year by Maria M. Correia, assistant professor of accounting at the university, long-term political action committee contributions and lobbying are associated with a lower likelihood of enforcement for companies that make restatements in SEC filings. Correia based her analysis on data gathered from the Federal Election Commission, the Senate’s...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

map

Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.

Related

Sections

Law Firms

Government Agencies