Why do firms purchase directors and officers liability insurance? perspective from economic policy uncertainty

HIGHLIGHTS

  • who: Economic policy uncertainty and colleagues from the risk, Litigation risk, ChinaDepartment of Accounting and Corporate Governance, Macquarie University have published the research: Why do firms purchase directors and officers liability insurance? perspective from economic policy uncertainty, in the Journal: (JOURNAL)
  • what: Following this line of research, the authors propose that firms' decision to purchase D and amp;O insurance is dependent on the level of EPU in the country. Taken together, the authors develop the third hypothesis as follows: H3.
  • how: The study highlights the role of uncertain policies in shareholder documenting . . .

     

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