[PDF.70il] The Effect of D&O Insurance on Managerial Risk Taking (Ius Commune Europaeum)

The Effect of D&O Insurance on Managerial Risk Taking (Ius Commune Europaeum)

[PDF.vy41] The Effect of D&O Insurance on Managerial Risk Taking (Ius Commune Europaeum)

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 |  2015-09-23 | Original language:English | PDF # 1 |  9.30 x.70 x6.80l,.81 | File type: PDF | 252 pages

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In the world of business, risk taking contributes to innovation. Yet, excessive risk taking is also associated with corporate failure. Many researchers have analyzed the relationship between personal liability rules of managers and excessive risk taking, and in this context, it has been often argued that insurance against personal liability of the director(s)/officer(s) (also known as D&O insurance) would weaken the manager's incentive to take care. However, little is ac...

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