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Chief Executive Officer incentives, monitoring, and corporate risk management : evidence from insurance use

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The strategic use of corporate insurance in China

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Does managerial entrenchment motivate the insurance decision?

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Does managerial entrenchment motivate the insurance decision?

Jiang, Wei; Adams, Mike; Jia-Upreti, Joy - In: International Review of Financial Analysis 24 (2012) C, pp. 117-128

This study examines whether the ‘managerial entrenchment’ problem resulting from the separation of ownership and control between the shareholders and managers of Chinese firms motivates the decision to purchase property insurance. Managerial entrenchment is measured using a principal...

Persistent link: https://www.econbiz.de/10010595134