Directors' and officers' liability insurance: a systematic literature review

MBU Bhuiyan, F Ahmad, JY Wu… - Journal of Accounting …, 2024 - emerald.com
Purpose We review and synthesize the existing research on directors' and officers'(D&O)
liability insurance. Our objectives are (1) to examine the institutional forces and regulatory …

Directors' and officers' liability insurance and loan spreads

C Lin, MS Officer, R Wang, H Zou - Journal of Financial Economics, 2013 - Elsevier
We analyze the effect of directors' and officers' liability insurance (D&O insurance) on the
spreads charged on bank loans. We find that higher levels of D&O insurance coverage are …

The corporate governance–risk-taking nexus: evidence from insurance companies

AA Elamer, A AlHares, CG Ntim… - International Journal of …, 2018 - emerald.com
Purpose This study aims to examine the impact of internal corporate governance
mechanisms on insurance companies' risk-taking in the UK context. Design/methodology …

Does directors' and officers' liability insurance improve corporate ESG performance? Evidence from China

S Tang, L He, F Su, X Zhou - International Journal of Finance & …, 2024 - Wiley Online Library
We examine the causal effect of directors' and officers' liability insurance (D&O insurance)
on environmental, social and governance (ESG) performance in China's listed firms. Using a …

On lawsuits, corporate governance, and directors' and officers' liability insurance

SL Gillan, CA Panasian - Journal of Risk and Insurance, 2015 - Wiley Online Library
We examine whether information about firms' directors' and officers'(D&O) liability insurance
coverage provides insights into the likelihood of shareholder lawsuits. Using Canadian …

Directors' and officers' liability insurance, corporate risk and risk taking: New panel data evidence on the role of directors' and officers' liability insurance

MM Boyer, S Tennyson - Journal of Risk and Insurance, 2015 - Wiley Online Library
This article develops and tests hypotheses regarding the relationship between directors' and
officers'(D&O) insurance purchase and firm size, governance characteristics, and business …

D&O insurance and IPO performance: What can we learn from insurers?

MM Boyer, LH Stern - Journal of Financial Intermediation, 2014 - Elsevier
We investigate whether a firm's directors' and officers' liability insurance contract at the time
of the IPO is related to insured firms' first year post-IPO performance. We find that insurers …

Directors' and officers' liability insurance and firm value

JH Hwang, B Kim - Journal of Risk and Insurance, 2018 - Wiley Online Library
This study examines the effect of directors' and officers' liability (D&O) insurance on firm
value. Previous studies are divided on the value implication of D&O insurance: some argue …

Directors' and officers' liability insurance: Evidence from independent directors' voting

T Li, T Yang, J Zhu - Journal of Banking & Finance, 2022 - Elsevier
Directors' and officers' liability insurance (D&O insurance) is one of the most controversial
and least understood governance tools. Using manually collected voting data for all director …

Effects of directors and officers liability insurance on accounting restatements

TC Weng, GZ Chen, HY Chi - International Review of Economics & Finance, 2017 - Elsevier
This study investigates the relationship between directors and officers liability insurance
(D&O insurance) coverage and the probability of accounting restatements. The results show …