dc.contributor | 風管系 | |
dc.creator (作者) | Shiu, Yung-Ming | |
dc.creator (作者) | 許永明 | zh_TW |
dc.date (日期) | 2011-04 | |
dc.date.accessioned | 7-一月-2015 16:54:40 (UTC+8) | - |
dc.date.available | 7-一月-2015 16:54:40 (UTC+8) | - |
dc.date.issued (上傳時間) | 7-一月-2015 16:54:40 (UTC+8) | - |
dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/72648 | - |
dc.description.abstract (摘要) | Using firm-specific variables that proxy for the motivations of life insurers` decision to participate in derivative transactions, we examine existing theories of corporate hedging behaviour. Our findings support the evidence of previous research that risk management and scale factors explain the use of derivatives. We observe a substitution effect that insurers use on-balance-sheet hedging through structuring their assets and liabilities to reduce price risks. | |
dc.format.extent | 151668 bytes | - |
dc.format.mimetype | application/pdf | - |
dc.relation (關聯) | Geneva Papers on Risk & Insurance,36(2),186-196 | |
dc.title (題名) | What Motivates Insurers to use Derivatives: Evidence from the United Kingdom Life Insurance Industry | |
dc.type (資料類型) | article | en |
dc.identifier.doi (DOI) | 10.1057/gpp.2011.4 | en_US |
dc.doi.uri (DOI) | http://dx.doi.org/10.1057/gpp.2011.4 | en_US |