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Published in 2020 at "Economic Modelling"
DOI: 10.1016/j.econmod.2019.11.011
Abstract: Abstract In this paper, we investigate the impact of directors’ and officers’ insurance (D&O insurance) on firm innovation in China. We find that D&O insurance is significantly positively associated with firm innovation, which indicates that…
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Keywords:
insurance;
directors officers;
insurance firm;
firm innovation ... See more keywords
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Published in 2019 at "Journal of Corporate Finance"
DOI: 10.1016/j.jcorpfin.2019.06.001
Abstract: Abstract Political connections provide firms with legal advantages and can shield managers and directors away from litigation risk. Using a sample of Chinese public firms, we find that politically connected firms have lower demand for…
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Keywords:
political connections;
officers liability;
directors officers;
liability insurance ... See more keywords