A5008696323- Insurance and Financial Risk Management
- Risk Management in Financial Firms
- Global Health Care Issues
- Information and Cyber Security
- Financial Literacy, Pension, Retirement Analysis
- Insurance, Mortality, Demography, Risk Management
- Banking, Crisis Management, COVID-19 Impact
California State University, Northridge
2022-2024
Abstract We provide the first evidence on effects of executive compensation corporate risk management for insurers. Our unique data set allows construction a new, more complete measure behavior. Specifically, we include hedging‐driven usage not only derivatives but also insurance. To address potential endogeneity, utilize difference‐in‐differences approach, based implementation FAS 123R that required firms to expense stock‐based at fair value. find decline in convexity following led...
The purpose of this study is to investigate the degree adverse selection in Korean individual annuity market using money’s worth calculations. insurers’ pricing different products reflects individual’s self-selection into based on private information about their mortality prospects. Using payments offered for products, calculations were higher younger and male annuitants, with a bigger premium size longer guarantee period, frontloaded (as opposed level) annuity, joint single) tax-qualified...