Cash Holdings between Public and Private Insurers A Partial Adjustment Approach

摘要：

Cash holdings of financial institutions, especially privatefirms, have been under-studied in the existing literature.This paper fills the gap by examining the cash holdings of US property-liability insurers in order to analyze the difference in cash holding and cash adjustments between public and privateinsurers and between mutual and stock insurers within the private insurers category.

关键词： Cash holding Excess cash Property-liability insurance Private firm Mutual insurer Partial adjustment

作者: YULING WANG XIAOYING XIE GUIQIN ZHAO WEILI LU

作者单位: School of Finance, Shanghai University of Finance and Economics California State University Fullerton

会议类型: 国内会议

会议名称: 2015第8届中国保险教育论坛

会议地点: 大连

会议语种:英文

页码: 449-471

在线出版日期: 2015-10-22（万方平台首次上网日期，不代表论文的发表时间）