Carter, Richard B; Power, Mark L - In: The Geneva Papers on Risk and Insurance - Issues and … 37 (2012) 3, pp. 485-508
We analyse reputational signals and decisions surrounding capital acquisition by examining 76 insurance firms going public from 1996 to 2006. We first explore the relationship between proxies for insurance firm reputation and initial public offering (IPO) underwriter reputation. In general, we...