Ownership structure and control : the mutualization fo stock life insurance companies

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<rdf:Description>
<dc:creator>Mayers, David</dc:creator>
<dc:creator>Smith, Clifford W.</dc:creator>
<dc:date>1986</dc:date>
<dc:description xml:lang="es">Sumario: the 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</dc:description>
<dc:identifier>https://documentacion.fundacionmapfre.org/documentacion/publico/es/bib/109854.do</dc:identifier>
<dc:language>eng</dc:language>
<dc:rights xml:lang="es">InC - http://rightsstatements.org/vocab/InC/1.0/</dc:rights>
<dc:subject xml:lang="es">Seguro de vida</dc:subject>
<dc:subject xml:lang="es">Mutualidades de seguros</dc:subject>
<dc:subject xml:lang="es">Estructura empresarial</dc:subject>
<dc:subject xml:lang="es">Control de gestión</dc:subject>
<dc:type xml:lang="es">Artículos y capítulos</dc:type>
<dc:title xml:lang="es">Ownership structure and control : the mutualization fo stock life insurance companies</dc:title>
<dc:relation xml:lang="es">En: Journal of financial economics. - New York. - nº 16, 1986 ; p. 73-98</dc:relation>
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