Malafronte, Irma; Starita, Maria Grazia; Pereira, John - In: Review of Accounting and Finance 17 (2018) 1, pp. 130-147
Purpose: This paper aims to examine whether risk disclosure practices affect stock return volatility and company value in the European insurance industry. Design/methodology/approach: Using a self-constructed “risk disclosure index for insurers” (RDII) to measure the extent of information...