The phrase "a low litigation" is not correct in standard English usage.
It is typically used to refer to a situation involving legal disputes or lawsuits, but the adjective "low" does not appropriately modify "litigation."
Example: "The company is currently experiencing a low level of litigation, which allows them to focus on growth."
Alternatives: "minimal litigation" or "reduced litigation."
The large majority of auditees considered in this study are private, non-listed firms, which belong to the nonfinancial sector and operate in a context of low litigation risk (La Porta et al. 1998) and high alignment between financial and tax accounting (Ball and Shivakumar 2005; Van Tendeloo and Vanstraelen 2008).
In particular, we examine whether large audit firms reduce the incidence of financial statement fraud in China, an emerging market in which auditors face strong government sanctions but low litigation risk associated with audit failures.
(2003), Spain has weak legal protection for investors and weak enforcement mechanisms, whereby insiders and even large shareholders can enjoy large private control benefits with low litigation risk which leads to more pervasive earnings management (Burgstahler et al. 2006).
The collegial governance configuration is most likely to occur in PSFs that, in addition to the above factors, operate in an environment that poses a low risk of litigation for the PSF.
Finally, firms following the entrepreneurial governance configuration should generally have a low to medium risk of litigation.
There are three main reasons securities class-action litigation settlements hit a low in 2011.
In 2012, despite pleas for restraint from major news organizations — including both the Times and Fox News — Holder approved an appellate brief that marked a low point in recent First Amendment litigation.
This is perhaps because in low-litigation industries the benefits of less litigation are offset by lawyer CEOs' overly cautious firm policies, which can negatively affect cash flows and growth.
When in litigation, lawyers prefer that their clients keep a low profile.
And because auditing is a low-margin business burdened with enormous litigation risk and hence insurance costs—accounting firms must diversify in order to survive.
