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The Demand for Directors' and Officers' Insurance in Canada

Author

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  • M. Martin Boyer
  • Mathieu Delvaux-Derome

Abstract

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Suggested Citation

  • M. Martin Boyer & Mathieu Delvaux-Derome, 2002. "The Demand for Directors' and Officers' Insurance in Canada," CIRANO Working Papers 2002s-72, CIRANO.
    • Handle: RePEc:cir:cirwor:2002s-72
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    File URL: https://cirano.qc.ca/files/publications/2002s-72.pdf
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    References listed on IDEAS

    as
    1. Michael Rothschild & Joseph Stiglitz, 1976. "Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 90(4), pages 629-649.
    2. Romano, Roberta, 1991. "The Shareholder Suit: Litigation without Foundation?," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 7(1), pages 55-87, Spring.
    3. Vahan Janjigian & Paul J. Bolster, 1990. "The Elimination Of Director Liability And Stockholder Returns: An Empirical Investigation," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 13(1), pages 53-60, March.
    4. Core, John E, 2000. "The Directors' and Officers' Insurance Premium: An Outside Assessment of the Quality of Corporate Governance," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 16(2), pages 449-477, October.
    5. Holderness, Clifford G., 1990. "Liability insurers as corporate monitors," International Review of Law and Economics, Elsevier, vol. 10(2), pages 115-129, September.
    6. René M. Stulz, 1996. "Rethinking Risk Management," Journal of Applied Corporate Finance, Morgan Stanley, vol. 9(3), pages 8-25, September.
    7. Mayers, David & Smith, Clifford W, Jr, 1990. "On the Corporate Demand for Insurance: Evidence from the Reinsurance Market," The Journal of Business, University of Chicago Press, vol. 63(1), pages 19-40, January.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Luo, Yan & Krivogorsky, Victoria, 2017. "The materiality of directors' and officers' insurance information: Case for disclosure," Research in Accounting Regulation, Elsevier, vol. 29(1), pages 69-74.
    2. Stephen G. Fier & Andre P. Liebenberg, 2014. "The Market for Directors’ and Officers’ Insurance," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 17(2), pages 215-239, September.
    3. Chung, Hyeesoo H. & Wynn, Jinyoung P. & Yi, Han, 2013. "Litigation risk, accounting quality, and investment efficiency," Advances in accounting, Elsevier, vol. 29(2), pages 180-185.
    4. Chi, Hsin-Yi & Weng, Tzu-Ching, 2014. "Managerial legal liability and Big 4 auditor choice," Journal of Business Research, Elsevier, vol. 67(9), pages 1857-1869.
    5. Simone Krummaker, 2019. "Firm's demand for insurance: An explorative approach," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 22(3), pages 279-301, September.
    6. Chung, Hyeesoo H. & Wynn, Jinyoung P., 2008. "Managerial legal liability coverage and earnings conservatism," Journal of Accounting and Economics, Elsevier, vol. 46(1), pages 135-153, September.

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    More about this item

    Keywords

    Executive Compensation; D&O Insurance; Rémunération des dirigeants; assurance D&O;
    All these keywords.

    JEL classification:

    • G3 - Financial Economics - - Corporate Finance and Governance

    NEP fields

    This paper has been announced in the following NEP Reports:

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