The Impact of Sarbanes-Oxley on property-casualty insurer loss reserve estimates

Recurso electrónico / Electronic resource
Registro MARC
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1001 ‎$0‎MAPA20080029081‎$a‎Ma, Yu-Luen
24514‎$a‎The Impact of Sarbanes-Oxley on property-casualty insurer loss reserve estimates‎$c‎Yu-Luen Ma, Nat Pope
520  ‎$a‎The implementation of the Sarbanes-Oxley (SOX) Act in 2002 imposed a wide range of new oversight standards seeking to assure greater accuracy and transparency in the financial reporting of publicly traded firms in the U.S. This research assesses the relationship that the implementation of SOX shares with loss reserve estimation accuracy in the U.S. property-casualty insurance market. Using a comparative difference-in-difference approach, this research finds that, while publicly traded insurers have indeed experienced a significant reduction in loss reserve errors subsequent to SOX, the reduction is not attributable to SOX. These results hold true under a handful of robustness analyses.
650 4‎$0‎MAPA20080586034‎$a‎Ley Sarbanes-Oxley
650 4‎$0‎MAPA20080581978‎$a‎Property-casualty
650 4‎$0‎MAPA20080598358‎$a‎Productos de seguros
650 4‎$0‎MAPA20080608804‎$a‎Supervisión de seguros
7001 ‎$0‎MAPA20080006679‎$a‎Pope, Nat
7730 ‎$w‎MAP20077100215‎$t‎Geneva papers on risk and insurance : issues and practice‎$d‎Geneva : The Geneva Association, 1976-‎$x‎1018-5895‎$g‎01/04/2020 Volumen 45 Número 2 - abril 2020 , p. 313-334