In this chapter, we synthesize the literature and empirical research on the nature and consequences of corporate governance in the insurance industry. We focus on several mechanisms of corporate governance such as the Board of Directors, CEO compensation, ownership structure, among other things and discuss their impact on firm performance and risk taking. The chapter finally identifies several avenues for future research on the subject.
CITATION STYLE
Boubakri, N. (2013). Corporate governance in the insurance industry: A synthesis. In Handbook of Insurance: Second Edition (pp. 729–743). Springer New York. https://doi.org/10.1007/978-1-4614-0155-1_26
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