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題名 An empirical investigation on derivatives usage: evidence from the United Kingdom general insurance industry
作者 許永明
許永明
貢獻者 風管系
日期 2007
上傳時間 22-一月-2015 16:13:02 (UTC+8)
摘要 This article reports the holdings of derivatives contracts in the UK general insurance industry and investigates the relationship between the usage and insurer organizational characteristics with panel data for the period 1994 to 2002. Overall it seems that the use of derivatives instruments in this industry is limited and shows a downward trend. The empirical results indicate, among other things, that a general insurer`s size, liquidity, interest rate risk exposure, line of business concentration and organizational form are important factors associated with the decision to employ derivatives.
關聯 Applied Economics Letters,14(5),353-360.
資料類型 article
DOI http://dx.doi.org/10.1080/13504850500426319
dc.contributor 風管系
dc.creator (作者) 許永明zh_TW
dc.creator (作者) 許永明zh_TW
dc.date (日期) 2007
dc.date.accessioned 22-一月-2015 16:13:02 (UTC+8)-
dc.date.available 22-一月-2015 16:13:02 (UTC+8)-
dc.date.issued (上傳時間) 22-一月-2015 16:13:02 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/73112-
dc.description.abstract (摘要) This article reports the holdings of derivatives contracts in the UK general insurance industry and investigates the relationship between the usage and insurer organizational characteristics with panel data for the period 1994 to 2002. Overall it seems that the use of derivatives instruments in this industry is limited and shows a downward trend. The empirical results indicate, among other things, that a general insurer`s size, liquidity, interest rate risk exposure, line of business concentration and organizational form are important factors associated with the decision to employ derivatives.
dc.format.extent 138 bytes-
dc.format.mimetype text/html-
dc.relation (關聯) Applied Economics Letters,14(5),353-360.
dc.title (題名) An empirical investigation on derivatives usage: evidence from the United Kingdom general insurance industry
dc.type (資料類型) articleen
dc.identifier.doi (DOI) 10.1080/13504850500426319en_US
dc.doi.uri (DOI) http://dx.doi.org/10.1080/13504850500426319 en_US