The intra-industry effects of life insurance company demutualizaton

HIGHLIGHTS

  • who: Finance Group and colleagues from the 13, College of Business Administration, Northeastern University, MA have published the Article: THE INTRA-INDUSTRY EFFECTS OF LIFE INSURANCE COMPANY DEMUTUALIZATON, in the Journal: (JOURNAL)
  • what: The authors examine the impact of demutualization announcements by 13 life insurance companies during 1996-2000 on the value of existing stock-owned life insurance companies and companies in other segments of the insurance industry.
  • future: Future research should focus on better understanding the nature of these effects and their long-term consequences.

SUMMARY

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