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) in Miyun county, in northern China, by testing the existence of adverse selection. Design/methodology/approach – The …Purpose – The purpose of this paper is to examine the efficiency of current subsidized crop insurance products (SCIPs … with more risk should be more likely to buy crop insurance in pursuit of the benefits from SCIPs. Findings – However, both …
Persistent link: https://www.econbiz.de/10010583922
control between the shareholders and managers of Chinese firms motivates the decision to purchase property insurance … entrenchment’. However, the score for the index does not affect the amount of insurance coverage purchased. Moreover, agency costs … do not appear to impact on the insurance decisions of Chinese firms suggesting that the corporate governance …
Persistent link: https://www.econbiz.de/10010595134
reinsurance. This information and framework may also be useful for crop insurance firms in China when considering crop reinsurance …Purpose – In the USA, private insurance companies serve as an integral part of the delivery and risk sharing of the … federal crop insurance program. Governed by the Standard Reinsurance Agreement (SRA), private crop insurance companies must …
Persistent link: https://www.econbiz.de/10008464916
China's Urban and Rural Residents' Basic Medical Insurance (URRBMI) system recently was formed to integrate two prior …-existing government health insurance programs for low income citizens: the New Cooperative Medical Scheme (for rural residents) and the … Urban Residents' Basic Medical Insurance system (for non-employee city dwellers). Like its two predecessors, the URRBMI is a …
Persistent link: https://www.econbiz.de/10012895278
On 21 December 2006, the China Insurance Regulatory Commission (CIRC) announced a new draft version of the provisional … measures on administering outbound portfolio investment of insurance funds. China has seen a rapid increase in premium income … deposits and government bonds, has become more diverse. Overseas investment by the insurance companies has thus far been …
Persistent link: https://www.econbiz.de/10014050294
risk management activities such as insurance. Using a detailed firm survey conducted by the World Bank (2004), we examine … the impacts of various governance monitoring mechanisms and CEO characteristics on the corporate insurance decision … property insurance. However, the purchase of property insurance for managerial self-interest is only prevalent in firms subject …
Persistent link: https://www.econbiz.de/10013111017
examining the Chinese insurance industry surrounding China's accession to the World Trade Organization (WTO). Our analysis …
Persistent link: https://www.econbiz.de/10014223955
This paper features an analysis of major currency exchange rate movements in relation to the US dollar, as constituted in US dollar terms. Euro, British pound, Chinese yuan, and Japanese yen are modelled using a variety of non-linear models, including smooth transition regression models,...
Persistent link: https://www.econbiz.de/10011378229
This paper features an analysis of major currency exchange rate movements in relation to the US dollar, as constituted in US dollar terms. Euro, British pound, Chinese yuan, and Japanese yen are modelled using a variety of non-linear models, including smooth transition regression models,...
Persistent link: https://www.econbiz.de/10011443686
Persistent link: https://www.econbiz.de/10003307864