This paper posits that the release timing of an annual report has no systematic relation with earnings news in Taiwan. Since the board of directors has the ultimate responsibility for the implementation of corporate governance, we argue that board characteristics are important determinants for...

This paper posits that the release timing of an annual report has no systematic relation with earnings news in Taiwan. Since the board of directors has the ultimate responsibility for the implementation of corporate governance, we argue that board characteristics are important determinants for...

In order to regulate the pricing of property-liability insurance contracts, this study, based on the theory of contingent claim valuation, develops the insurance pricing formulas, which will lead to fair insurance pricing. Firstly, this study constructs a general valuation model for...