Boyer, M. Martin - Centre Interuniversitaire de Recherche en Analyse des … - 2003
and Directors' and Officers (D&O) insurance policies. Of the three types of protection, D&O insurance is arguably the … shareholders. Using an original database, we test a set of hypotheses that should determine the demand for D&O insurance. Our … analysis suggests that the D&O insurance demand is best explained as part of the directors' compensation package, managerial …