Table of contents
Granting non‐tradable stock options: the opportunity costs for shareholders and employees
Michele Moretto, Giampaolo RossiniFirms grant non‐tradable stock options to their employees as an incentive device. Is the cost of issuing these options equal to the amount the company would receive if it sold the…
The fund of hedge funds reporting puzzle: Reconciling investors' expectations and fund managers' constraints
Noël Amenc, Philippe Malaise, Mathieu VaissiéThe development of alternative investment has not yet been accompanied by genuine consideration of the specific characteristics of the risks and returns of hedge funds with regard…
Stationarity and stability of underwriting profits in property‐liability insurance: Part I
Chao‐Chun LengTo examine whether the properties of the combined‐ratio series, an indicator of underwriting profitability in property‐liability insurance, have changed over time.
Stationarity and stability of underwriting profits in property‐liability insurance: Part II
Chao‐Chun LengTo examine the existence of underwriting cycles for the property‐liability insurance industry as a whole, and by line of business. Specifically to consider whether the combined…
Multi‐national underwriting cycles in property‐liability insurance: Part I – some theory and empirical results
Ursina B. MeierThe purpose of this article is to examine the existence of underwriting cycles in property‐liability insurance for Switzerland, the USA, Japan, and West Germany over a period of…
Multi‐national underwriting cycles in property‐liability insurance: Part II – model extensions and further empirical results
Ursina B. MeierThe purpose of this article is to examine the existence of underwriting cycles in property‐liability insurance for Switzerland, the USA, and Japan over a period of 40 years…
ISSN:
1526-5943Online date, start – end:
1999Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridMerged from:
Balance SheetEditor:
- Nawazish Mirza