Does D&O insurance matter for stock price crash risk? Evidence from an Asian emerging market

Purpose – The purpose of this paper is to address the opposing views of the relationship between directors’ and officers’ liability insurance (D&O insurance) and stock price crash risk in a major Asian emerging stock market. Design/methodology/approach – This paper finds an endogenous relationsh...

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Bibliographic Details
Main Authors: Ming-Te Lee, Kai-Ting Nien
Format: Article
Language:English
Published: Emerald Publishing 2019-07-01
Series:Journal of Capital Markets Studies
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/JCMS-03-2019-0009/full/pdf?title=does-dampo-insurance-matter-for-stock-price-crash-risk-evidence-from-an-asian-emerging-market