Do Chief Executives' Traits Affect the Financial Performance of Risk‐trading Firms? Evidence from the UK Insurance Industry. (28th March 2017)
- Record Type:
- Journal Article
- Title:
- Do Chief Executives' Traits Affect the Financial Performance of Risk‐trading Firms? Evidence from the UK Insurance Industry. (28th March 2017)
- Main Title:
- Do Chief Executives' Traits Affect the Financial Performance of Risk‐trading Firms? Evidence from the UK Insurance Industry
- Authors:
- Adams, Mike
Jiang, Wei - Abstract:
- Abstract : We examine the effects of four key dimensions of Chief Executive Officers' (CEOs') traits on six financial performance metrics using panel data for 1999−2012 drawn from the UK's property−casualty insurance industry. We find that CEO insurance experience and CEO financial expertise enhance financial performance, while two other CEO traits − power and age − are generally not significant. Our results thus reinforce the importance of CEO insurance industry expertise and CEO financial expertise in the management and trading of risks. Our results have potential commercial and policy implications.
- Is Part Of:
- British journal of management. Volume 28:Number 3(2017:Sep.)
- Journal:
- British journal of management
- Issue:
- Volume 28:Number 3(2017:Sep.)
- Issue Display:
- Volume 28, Issue 3 (2017)
- Year:
- 2017
- Volume:
- 28
- Issue:
- 3
- Issue Sort Value:
- 2017-0028-0003-0000
- Page Start:
- 481
- Page End:
- 501
- Publication Date:
- 2017-03-28
- Subjects:
- Management -- Periodicals
658.00941 - Journal URLs:
- http://onlinelibrary.wiley.com/ ↗
- DOI:
- 10.1111/1467-8551.12222 ↗
- Languages:
- English
- ISSNs:
- 1045-3172
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 2311.180000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 2894.xml