insurance industry; shortcomings of the rating agencies; and excesses in their property markets. They now acknowledge these past …

We use the agency theory to conduct a novel test of the strategic use of property insurance in China's corporate sector …. With regard to our main test hypotheses, we find that the incidence of property insurance purchased is directly related to … liquidity becomes insignificant while firms' growth opportunities are now inversely related to the amount of insurance purchased …

believe that this is the first willingness-to-pay study of weather insurance uptake in China. The authors used a unique …Purpose – China frequently suffers from weather-related natural disasters and weather risk is recognized as a source of … wide-spread systemic risk throughout large swaths of China. During these periods farmers' crops are at risk and for a …

Purpose – The purpose of this paper is to examine the efficiency of current subsidized crop insurance products (SCIPs …) in Miyun county, in northern China, by testing the existence of adverse selection. Design/methodology/approach – The … with more risk should be more likely to buy crop insurance in pursuit of the benefits from SCIPs. Findings – However, both …

believe that this is the first willingness-to-pay study of weather insurance uptake in China. The authors used a unique …Purpose – China frequently suffers from weather-related natural disasters and weather risk is recognized as a source of … wide-spread systemic risk throughout large swaths of China. During these periods farmers' crops are at risk and for a …

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 …

Purpose – This paper explored factors that impact insurance choices of demand (farmers) and supply (insurance companies … tendency from farmers and partially observe the supply tendency from insurance companies. Using bi-vairate probit model, a … joint estimation of insurance decisions of both supply and demand sides suggested that factors perform different roles in …

for the total insurance premium of 35 insurance companies in China during the December 2005 to May 2011 period are used …This study applies the Sequential Panel Selection Method to investigate whether the growth rate of total insurance … implications for insurance regulation, insurance market construction, and policyholder protection. …

This paper examines China's emergence as a global player in international markets over the last few decades. It … provides an overview of China's trade policy environment following the country's process of market opening and joining the WTO …. The report analyses China’s role in international processing activities and moving up the global value chain. It also …

Overall, health outcomes in China have improved tremendously over the past three decades, especially thanks to the … problems, the government has launched a number of reforms. New insurance schemes have been rolled out both in rural and urban …