Showing 1 - 10 of 6,219
particular, we study the strategic growth of AXA, an insurance group, from 1987 to 1994, and how its manager used mutual …
Persistent link: https://www.econbiz.de/10005263540
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, I test a set of hypotheses that should determine the demand for D&O insurance. My … analysis suggests that D&O insurance protects the shareholders’ wealth more than the directors’. …
Persistent link: https://www.econbiz.de/10010840141
Purpose – The purpose of this paper is to investigate the insurance market in which moral hazard and insurance fraud … coexist. In this situation, this research examines the relationship between moral hazard and insurance fraud. Also, this … research shows how the amount of policyholder's effort to lower accident probability changes when insurance firm increases …
Persistent link: https://www.econbiz.de/10010610670
toalternative management teams. Therefore,insurance companies that use independent agentsshould exhibit lower levels of …
Persistent link: https://www.econbiz.de/10010867196
The recent development of regulation of bank and insurance corporate governance can play an important role in …
Persistent link: https://www.econbiz.de/10011157771
This paper analyzes the impact of blockownership dispersion on firm value. Blockholdings by multiple blockholders is a widespread phenomenon in the U.S. market. It is not clear, however, whether dispersion among blockholder is preferable to having a more concentrated ownership structure. To test...
Persistent link: https://www.econbiz.de/10010986382
Persistent link: https://www.econbiz.de/10010987711
The objective of our study is to look for anequilibrium among three factors: the privatebenefits that main shareholders can obtain fromthe firm, the social benefits derived from acertain ownership structure (such assupervision and alignment of interests) and thecosts derived from ownership...
Persistent link: https://www.econbiz.de/10010989417
Although US and European research has documented improvement in earnings quality associated with corporate governance characteristics, the situation in Latin America is questionable, given the business environment in which firms operate, which is characterized by controlling family ownership and...
Persistent link: https://www.econbiz.de/10010990008
New business practices are mainly characteristic of large firms, especially those quoted on the stock market. Listed companies show a higher commitment to corporate social responsibility (CSR) practices because capital markets allow activists to become a firm’s socially oriented shareholders....
Persistent link: https://www.econbiz.de/10010991548