IDEAS home Printed from https://ideas.repec.org/a/mes/emfitr/v53y2017i4p806-818.html
   My bibliography  Save this article

Effects of Director and Officer Liability Insurance Coverage on Information Disclosure Quality and Corporate Fraud

Author

Listed:
  • Cheng-Hwai Liou
  • Jo-Lan Liu
  • Pu-Ming Jian
  • Ching-Chieh Tsai

Abstract

We empirically test the monitoring role of director and officer (D&O) insurance coverage by investigating the association between D&O insurance coverage and the information disclosure quality and incidence of corporate fraud for firms listed in Taiwan. The empirical evidence reveals that a firm may raise the quality of information disclosure by purchasing D&O insurance. However, the empirical results do not support the monitoring effect of D&O insurance coverage on corporate fraud.

Suggested Citation

  • Cheng-Hwai Liou & Jo-Lan Liu & Pu-Ming Jian & Ching-Chieh Tsai, 2017. "Effects of Director and Officer Liability Insurance Coverage on Information Disclosure Quality and Corporate Fraud," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 53(4), pages 806-818, April.
    • Handle: RePEc:mes:emfitr:v:53:y:2017:i:4:p:806-818
    DOI: 10.1080/1540496X.2016.1141647
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/1540496X.2016.1141647
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/1540496X.2016.1141647?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Liao, Tsai-Ling & Chuang, Hwei-Lin & Wang, Jo-Yu, 2022. "Directors' and officers’ liability insurance and the pricing of seasoned equity offerings," International Review of Economics & Finance, Elsevier, vol. 80(C), pages 12-26.
    2. Yao, Wenyun & Wei, Jiahui & Shen, Yongjian & Deng, Yan & Kutan, Ali M., 2020. "Does celebrity spokesperson signal firm performance? Evidence from a drug scandal in China," Finance Research Letters, Elsevier, vol. 34(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:emfitr:v:53:y:2017:i:4:p:806-818. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MREE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.