Ownership structure and control : the mutualization fo stock life insurance companies
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Tag | 1 | 2 | Valor |
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LDR | 00000cab a22000004b 4500 | ||
001 | MAP20090035089 | ||
003 | MAP | ||
005 | 20090402095734.0 | ||
008 | 090303s1986 usa|||| ||| ||eng d | ||
040 | $aMAP$bspa$dMAP | ||
084 | $a341 | ||
100 | 1 | $0MAPA20080077587$aMayers, David | |
245 | 1 | 0 | $aOwnership structure and control$b : the mutualization fo stock life insurance companies$cDavid Mayers, Clifford W. Smith |
260 | $c1986 | ||
520 | $athe authors examine an unusual sample of firms within the life insurance industry: 30 firms which switched from a commons-stock to a mutual-ownership structure. His evidence indicates that the rate of growth of premium income from policyholders remains unchanged, stockholders receive a premium for their stock, and management turnower declines; thus, no group of claimholders systematically loses in the sample of firms which choose to go through the mutualization process. They therefore conclude that for this sample of firms, changing from a stock to a mutual-ownership structure is on average efficiency-enhancing | ||
650 | 1 | $0MAPA20080570590$aSeguro de vida | |
650 | 1 | $0MAPA20080611651$aMutualidades de seguros | |
650 | 1 | $0MAPA20080606114$aEstructura empresarial | |
650 | 1 | $0MAPA20080584337$aControl de gestión | |
700 | 1 | $0MAPA20080233303$aSmith, Clifford W. | |
773 | 0 | $tJournal of financial economics. - New York$gnº 16, 1986 ; p. 73-98 |