出版日期：2022-05-01 00:00:00

著者：Feng-Yi Lin; Liming Guan; Chia-Ling Ho; Teng-Shih Wang

著錄名稱、卷期、頁數：Finance Research Letters 46(Part A), 102297

摘要：This research investigates the relation between directors’ and officers’ insurance (hereafter, D&O insurance) and managerial ability. Using data from the Taiwan capital markets from 2011 to 2017, we find that D&O insurance increases managerial ability and show that the effect of D&O insurance on managerial ability is more prevalent when a firm is in the following situations: 1) CEO is in the early stage of tenure, 2) the firm belongs to a family-controlled group, and 3) the firm has higher environmental uncertainty. Finally, our study shows that D&O insurance strengthens the relation between managerial ability and firm performance.

關鍵字：D&O insurance;Managerial ability;Firm performance

語言：en_US

ISSN：1544-6131

期刊性質：國外

收錄於：SSCI

審稿制度：否

國別：USA

出版型式：電子版