The Insurance Hypothesis and Market Prices

The Insurance Hypothesis and Market Prices PDF Author: Krishnagopal Menon
Publisher:
ISBN:
Category : Audited financial statements
Languages : en
Pages : 32

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The Insurance Hypothesis and Market Prices

The Insurance Hypothesis and Market Prices PDF Author: Krishnagopal Menon
Publisher:
ISBN:
Category : Audited financial statements
Languages : en
Pages : 32

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Book Description


The Insurance Hypothesis and Auditor Limited Liability

The Insurance Hypothesis and Auditor Limited Liability PDF Author: Steven Robert Muzatko
Publisher:
ISBN:
Category :
Languages : en
Pages : 212

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An Empricial [i.e. Empirical] Test of the Insurance Hypothesis in Auditing

An Empricial [i.e. Empirical] Test of the Insurance Hypothesis in Auditing PDF Author: Dennis O'Reilly
Publisher:
ISBN:
Category :
Languages : en
Pages : 172

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Routledge International Handbook of Migration Studies

Routledge International Handbook of Migration Studies PDF Author: Steven J. Gold
Publisher: Routledge
ISBN: 1315458276
Category : Social Science
Languages : en
Pages : 928

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Book Description
This revised and expanded second edition of Routledge International Handbook of Migration Studies provides a comprehensive basis for understanding the complexity and patterns of international migration. Despite increased efforts to limit its size and consequences, migration has wide-ranging impacts upon social, environmental, economic, political and cultural life in countries of origin and settlement. Such transformations impact not only those who are migrating, but those who are left behind, as well as those who live in the areas where migrants settle. Featuring forty-six essays written by leading international and multidisciplinary scholars, this new edition showcases evolving research and theorizing around refugees and forced migrants, new migration paths through Central Asia and the Middle East, the condition of statelessness and South to South migration. New chapters also address immigrant labor and entrepreneurship, skilled migration, ethnic succession, contract labor and informal economies. Uniquely among texts in the subject area, the Handbook provides a six-chapter compendium of methodologies for studying international migration and its impacts. Written in a clear and direct style, this Handbook offers a contemporary integrated resource for students and scholars from the perspectives of social science, humanities, journalism and other disciplines.

Life Insurance Theory

Life Insurance Theory PDF Author: F. Etienne De Vylder
Publisher: Springer Science & Business Media
ISBN: 1475726163
Category : Business & Economics
Languages : en
Pages : 186

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Book Description
This book is different from all other books on Life Insurance by at least one of the following characteristics 1-4. 1. The treatment of life insurances at three different levels: time-capital, present value and price level. We call time-capital any distribution of a capital over time: (*) is the time-capital with amounts Cl, ~, ... , C at moments Tl, T , ..• , T resp. N 2 N For instance, let (x) be a life at instant 0 with future lifetime X. Then the whole oO oO life insurance A is the time-capital (I,X). The whole life annuity ä is the x x time-capital (1,0) + (1,1) + (1,2) + ... + (I,'X), where 'X is the integer part ofX. The present value at 0 of time-capital (*) is the random variable T1 T TN Cl V + ~ v , + ... + CNV . (**) In particular, the present value ofA 00 and ä 00 is x x 0 0 2 A = ~ and ä = 1 + v + v + ... + v'X resp. x x The price (or premium) of a time-capital is the expectation of its present value. In particular, the price ofA 00 and äx 00 is x 2 A = E(~) and ä = E(I + v + v + ... + v'X) resp.

The Japanese Firm

The Japanese Firm PDF Author: Masahiko Aoki
Publisher: Oxford University Press, USA
ISBN: 9780198292159
Category : Business & Economics
Languages : en
Pages : 426

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Book Description
Written by prominent scholars in the field, this is an account of the Japanese firm and its sources of success. Containing both theoretical and empirical work, the book ranges across labour and information economics, finance, organizational theory, and others.

The Insurance Hypothesis

The Insurance Hypothesis PDF Author: Darryl Lee Brown
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Although many have argued that independent audits implicitly provide clients with a form of insurance (the insurance hypothesis), there is limited empirical evidence to support the existence and magnitude of this function. In August of 2005, after months of intense negotiations and discussions, KPMG entered into a settlement agreement with the Department of Justice, which ended widespread speculation of an impending federal indictment against the audit firm and the notion that the firm would suffer the same fate as Arthur Andersen. We argue that the circumstances surrounding the settlement provide a natural setting to test the insurance value provided by auditors. Our results show that, while BIG 4 non-KPMG client firms earn insignificant abnormal returns, KPMG client firms earn significantly positive abnormal returns during the days surrounding news of the settlement. We show that these positive abnormal returns vary cross-sectionally, and are more pronounced for KPMG client firms in greater financial distress and for those subject to greater litigation risk.

Theory and Practice of Insurance

Theory and Practice of Insurance PDF Author: J. François Outreville
Publisher: Springer Science & Business Media
ISBN: 1461561876
Category : Business & Economics
Languages : en
Pages : 342

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Book Description
Insurance is a concept, a technique, and an economic institution. It is a major tool of risk management, and plays an important role in the economic, social, and political life of all countries. Economic growth throughout the world has even expanded the role of insurance. Theory and Practice of Insurance aims to describe the significance of insurance institutions, the reasons they exist and how they function. The author emphasizes fundamental principles in risk and insurance, using an international frame of reference. This volume begins with an introduction to the concept of risk, then proceeds to cover insurance and its relationship to the economy; the principles of risk management and insurance; and the characteristics and performance of insurance companies.

Care Without Coverage

Care Without Coverage PDF Author: Institute of Medicine
Publisher: National Academies Press
ISBN: 0309083435
Category : Medical
Languages : en
Pages : 213

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Book Description
Many Americans believe that people who lack health insurance somehow get the care they really need. Care Without Coverage examines the real consequences for adults who lack health insurance. The study presents findings in the areas of prevention and screening, cancer, chronic illness, hospital-based care, and general health status. The committee looked at the consequences of being uninsured for people suffering from cancer, diabetes, HIV infection and AIDS, heart and kidney disease, mental illness, traumatic injuries, and heart attacks. It focused on the roughly 30 million-one in seven-working-age Americans without health insurance. This group does not include the population over 65 that is covered by Medicare or the nearly 10 million children who are uninsured in this country. The main findings of the report are that working-age Americans without health insurance are more likely to receive too little medical care and receive it too late; be sicker and die sooner; and receive poorer care when they are in the hospital, even for acute situations like a motor vehicle crash.

An Empirical Analysis of the Insurance Hypothesis of Auditing, Audit Quality and Auditor Litigation

An Empirical Analysis of the Insurance Hypothesis of Auditing, Audit Quality and Auditor Litigation PDF Author: Carl J. Pacini
Publisher:
ISBN:
Category : Accounting firms
Languages : en
Pages : 270

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Book Description