淡江大學機構典藏:Item 987654321/119686
English  |  正體中文  |  简体中文  |  全文筆數/總筆數 : 62830/95882 (66%)
造訪人次 : 4156689      線上人數 : 889
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
搜尋範圍 查詢小技巧：
  • 您可在西文檢索詞彙前後加上"雙引號"，以獲取較精準的檢索結果
  • 若欲以作者姓名搜尋，建議至進階搜尋限定作者欄位，可獲得較完整資料
    •  進階搜尋


    請使用永久網址來引用或連結此文件: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/119686


    題名: COVID-19, insurer board utility, and capital regulation
    作者: Li, Xuelian;Lin, Panpan;Lin, Jyh-Horng
    關鍵詞: Optimal guaranteed rate;Board utility;COVID-19;Capital regulation
    日期: 2020-10
    上傳時間: 2020-12-08 12:10:15 (UTC+8)
    出版者: Finance Research Letters
    摘要: This paper develops a down-and-out call option model by introducing a structural break in volatility to capture the coronavirus (COVID-19) outbreak. The life insurer's equity and its board’s utility are evaluated at the optimal guaranteed rate in the equity maximization. Results suggest that the seriousness degree of the COVID-19 outbreak and capital regulation enhance the optimal guaranteed rate and the board's utility. Increased the board's utility by increasing liabilities costs insurer profitability. Conflicts of incentives can arise during the COVID-19 outbreak.
    關聯: Finance Research Letters 36, 101659
    DOI: 10.1016/j.frl.2020.101659
    顯示於類別:[國際企業學系暨研究所] 期刊論文

    文件中的檔案:

    檔案 描述 大小格式瀏覽次數
    COVID-19, insurer board utility, and capital regulation.pdf570KbAdobe PDF4檢視/開啟
    index.html0KbHTML88檢視/開啟

    在機構典藏中所有的資料項目都受到原著作權保護.

    TAIR相關文章

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