BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//Memento EPFL//
BEGIN:VEVENT
SUMMARY:When do Judges Throw the Book at Companies? The Influence of Parti
 sanship in Corporate Prosecutions
DTSTART:20221007T103000
DTEND:20221007T120000
DTSTAMP:20260506T165057Z
UID:bd299f85dea6d69417ff3dd5afad61ca017d6f0ac098bc3757bc46e0
CATEGORIES:Conferences - Seminars
DESCRIPTION:Todd Gormley - Washington University in St. Louis\nWe document
  that partisan views are strongly associated with the level of judicial pe
 nalties levied against companies. For example\, Republican-appointed judge
 s impose 1\,050 percent larger fines for hiring illegal immigrants\, while
  Democrat-appointed judges impose 136 percent larger fines for pollution-r
 elated violations. Time-series variation suggests that political partisans
 hip drives these findings\, not fixed ideological differences. The differe
 nces become amplified before national elections\, during periods of greate
 r political polarization\, and when higher-court judicial vacancies exist.
  Evidence also suggests firms are aware of this judicial partisanship and 
 adjust operations accordingly. Our findings illustrate the importance of p
 artisanship and political polarization for US companies.\n\nPaper
LOCATION:UniL Campus\, Room Extra 126
STATUS:CONFIRMED
END:VEVENT
END:VCALENDAR