| dc.contributor | 風管系 | en_US |
| dc.creator (作者) | 許永明 | zh_TW |
| dc.creator (作者) | Shiu, Yung-Ming | en_US |
| dc.date (日期) | 2010.06 | en_US |
| dc.date.accessioned | 12-十一月-2013 17:52:55 (UTC+8) | - |
| dc.date.available | 12-十一月-2013 17:52:55 (UTC+8) | - |
| dc.date.issued (上傳時間) | 12-十一月-2013 17:52:55 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/61658 | - |
| dc.description.abstract (摘要) | Using company-level panel data (2001-2003), this paper empirically examines whether Taiwanese insurers’ use of derivatives for hedging purposes is significantly related to their solvency (as measured by solvency ratio). Contrary to the public`s perception that firms with derivative programs have a higher level of solvency if derivatives are employed for hedging purposes, our results indicate that insurers` derivative hedging generally is not associated with solvency. Derivative hedgers have solvency that is similar to nonhedgers. | en_US |
| dc.format.extent | 146709 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.language.iso | en_US | - |
| dc.relation (關聯) | the Geneva Papers on Risk and Insurance- Issues and Practice, 35(3), 469-483 | en_US |
| dc.subject (關鍵詞) | Derivative use;Insurer solvency;Hedging | en_US |
| dc.title (題名) | Derivative Hedging and Insurer Solvency: Evidence from Taiwan | en_US |
| dc.type (資料類型) | article | en |
