期刊論文

學年 110
學期 2
出版(發表)日期 2022-05-01
作品名稱 Examining the D&O Insurance Effect on Managerial Ability
作品名稱(其他語言)
著者 Feng-Yi Lin; Liming Guan; Chia-Ling Ho; Teng-Shih Wang
單位
出版者
著錄名稱、卷期、頁數 Finance Research Letters 46(Part A), 102297
摘要 This research investigates the relation between directors’ and officers’ insurance (hereafter, D&O insurance) and managerial ability. Using data from the Taiwan capital markets from 2011 to 2017, we find that D&O insurance increases managerial ability and show that the effect of D&O insurance on managerial ability is more prevalent when a firm is in the following situations: 1) CEO is in the early stage of tenure, 2) the firm belongs to a family-controlled group, and 3) the firm has higher environmental uncertainty. Finally, our study shows that D&O insurance strengthens the relation between managerial ability and firm performance.
關鍵字 D&O insurance;Managerial ability;Firm performance
語言 en_US
ISSN 1544-6131
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者
審稿制度
國別 USA
公開徵稿
出版型式 ,電子版
相關連結

機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/122634 )