Concepedia

Directors and officers liability insurance and default risk

The Geneva Papers on Risk and Insurance Issues and Practice · 2021 · 10 citations · 47 references

Open access

Concepts

BusinessCorporate GovernanceInsuranceAgency TheoryLiability InsuranceRisk AnalysisBankruptcy RiskDirectors Liability InsuranceFinancial RiskInsurance CompaniesInsurance RiskOfficer LiabilityCorporate Director LiabilityDefault Risk AnalysisDefault Risk ClassificationInsurance Liability ValuationInsurance Risk Charges

References

47

Theory of the firm: Managerial behavior, agency costs and ownership structure

Michael C. Jensen, William H. Meckling · Journal of Financial Economics · 1976 · 70.7K citations

Management, Business Economics, Corporate Governance +16

The Pricing of Options and Corporate Liabilities

Fischer Black, Myron S. Scholes · Journal of Political Economy · 1973 · 29.4K citations

Business, Economics, Finance +13

ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*

Robert C. Merton · The Journal of Finance · 1974 · 11K citations · Full text

Business, Finance, Asset Pricing +16

The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems

Michael C. Jensen · The Journal of Finance · 1993 · 8.7K citations · Full text

Social Sciences, Economics, Finance +15

Instrumental Variables Regression with Weak Instruments

Douglas O. Staiger, James H. Stock · Econometrica · 1997 · 7.3K citations

Social Sciences, Economics, Development Economics +12