The impact of subscribing to directors’ and officers’ liability insurance on corporate financialization: Evidence from China

As an important corporate governance mechanism, directors’ and officers’ liability insurance is theoretically associated with corporate financialization because it directly affects incentive constraints and risk preference of enterprise managers. However, whether there is a causal relationship in fa...

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Bibliographic Details
Main Authors: Cheng Peng, Wenting Fu, Xinyu Zhang, Hui Jiang
Format: Article
Language:English
Published: Frontiers Media S.A. 2022-09-01
Series:Frontiers in Psychology
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fpsyg.2022.986135/full