English  |  正體中文  |  简体中文  |  Items with full text/Total items : 58323/91876 (63%)
Visitors : 14080606      Online Users : 46
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/109523

    Title: CEO Overconfidence or Private Information? Evidence from U.S. Property-Liability Insurance Companies
    Authors: Ho, Chia-Ling;Han, Sangyong;Lai, Gene C.
    Keywords: CEO Overconfidence;Risk Taking;Firm Performance;Reinsurance Demand
    Date: 2017-01-06
    Issue Date: 2017-02-22 02:11:55 (UTC+8)
    Abstract: This paper uses conventional measures of CEO overconfidence: option holdings-based and net stock purchase-based measures to examine the impact of CEOs who hold firm-specific risk on insurer’s risk-taking and firm performance. We focus on the insurance industry because using reinsurance demand as a proxy for risk-taking provides a precise measurement of CEO’s risk-taking. We find that the two CEO overconfidence measures are negatively associated with insurer’s risk-taking and positively related to firm performance. Our findings suggest that it may not be CEO overconfidence, but rather the private information and the intention to control the company’s risk that drive our results.
    Relation: ASSA
    Appears in Collections:[Graduate Institute & Department of Insurance Insurance] Proceeding

    Files in This Item:

    File Description SizeFormat
    CEO Overconfidence or Private Information_全文.pdf679KbAdobe PDF301View/Open
    CEO Overconfidence or Private Information_議程.pdf13192KbAdobe PDF1911View/Open

    All items in 機構典藏 are protected by copyright, with all rights reserved.

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - Feedback