Buying the Verdict

The authors thank Geoffrey Booth, Christine Jolls, Ben Jones, Andrew Karolyi, Steven Karolyi, Louis Kaplow, Daniel Klerman, Prasad Krishnamurthy, Christian Leuz, Maureen O’Hara, Panos Patatoukas, Will Powley, Raghu Rau, Steven Solomon, Jed Stiglitz, Eric Talley, Jonathan Zinman, and seminar participants at the 2019 National Bureau of Economic Research Law and Economics meetings, 2019 American Finance Association meetings, ICD Herzliya conference, 2018 conference on Empirical Legal Studies, University of California at Berkeley Law School and Haas Business School, University of Chicago, Koc University, University of Surrey, Oxford University, Frankfurt University, University of Vienna, Svigers Bank, Stockholm University, Harvard Law School, Northwestern University (Law), University of Pittsburg, University of Wyoming, University of Houston, Case Western University, Michigan State University, Tsinghua University, University of Connecticut, Georgia Tech University, Cornell University, and University of Texas at Dallas. Catharine Cready provided superb research assistance. All errors are ours.