Matches in SemOpenAlex for { <https://semopenalex.org/work/W2771775608> ?p ?o ?g. }
Showing items 1 to 92 of
92
with 100 items per page.
- W2771775608 abstract "A variety of research has investigated the impact of rating changes on stakeholder and firm behavior. This article provides a unique setting to analyze the effect for both stock and mutual firms and with a class of nontraditional investors, owners of retained asset accounts (RAAs). These individuals become creditors of the insurer upon receipt of life insurance proceeds, which are held in the general accounts of the insurer. The funds receive limited guaranty fund and no Federal Deposit Insurance Corporation protection, thus subjecting the owner to the financial risk of the insurer. Some owners of RAAs may not understand the risk; thus, it is unclear if these owners act as other creditors to changes in the financial stability of the insurer. This provides a setting to analyze reaction to firm risk, as reflected in ratings changes, to stakeholders other than stockholders or customers. We find that RAA owners do act in a manner consistent with traditional investors. Specifically, we find that abnormal retention in the RAAs indicates significant declines in the level of accounts open and funds deposited in the year following a threshold downgrade (falling below an A–) of the A.M. Best rating." @default.
- W2771775608 created "2017-12-22" @default.
- W2771775608 creator A5071872031 @default.
- W2771775608 creator A5087912872 @default.
- W2771775608 date "2017-12-01" @default.
- W2771775608 modified "2023-09-26" @default.
- W2771775608 title "Retained Asset Accounts and Creditor Reactions to an A.M. Best Change" @default.
- W2771775608 cites W1538991041 @default.
- W2771775608 cites W2021366557 @default.
- W2771775608 cites W2024488980 @default.
- W2771775608 cites W2035308350 @default.
- W2771775608 cites W2039744836 @default.
- W2771775608 cites W2055083695 @default.
- W2771775608 cites W2062787493 @default.
- W2771775608 cites W2066848285 @default.
- W2771775608 cites W2067266278 @default.
- W2771775608 cites W2067853800 @default.
- W2771775608 cites W2069107031 @default.
- W2771775608 cites W2071139388 @default.
- W2771775608 cites W2073837136 @default.
- W2771775608 cites W2082405329 @default.
- W2771775608 cites W2160660572 @default.
- W2771775608 cites W2313271594 @default.
- W2771775608 cites W2314258918 @default.
- W2771775608 cites W2314697124 @default.
- W2771775608 cites W2322976073 @default.
- W2771775608 cites W2332544809 @default.
- W2771775608 cites W2571748191 @default.
- W2771775608 cites W3121134571 @default.
- W2771775608 cites W3121957761 @default.
- W2771775608 cites W3122541297 @default.
- W2771775608 cites W3123734555 @default.
- W2771775608 cites W4238309951 @default.
- W2771775608 doi "https://doi.org/10.1111/rmir.12087" @default.
- W2771775608 hasPublicationYear "2017" @default.
- W2771775608 type Work @default.
- W2771775608 sameAs 2771775608 @default.
- W2771775608 citedByCount "0" @default.
- W2771775608 crossrefType "journal-article" @default.
- W2771775608 hasAuthorship W2771775608A5071872031 @default.
- W2771775608 hasAuthorship W2771775608A5087912872 @default.
- W2771775608 hasConcept C10138342 @default.
- W2771775608 hasConcept C120527767 @default.
- W2771775608 hasConcept C120757647 @default.
- W2771775608 hasConcept C144133560 @default.
- W2771775608 hasConcept C159091798 @default.
- W2771775608 hasConcept C162118730 @default.
- W2771775608 hasConcept C183582576 @default.
- W2771775608 hasConcept C26503482 @default.
- W2771775608 hasConcept C38652104 @default.
- W2771775608 hasConcept C39389867 @default.
- W2771775608 hasConcept C41008148 @default.
- W2771775608 hasConcept C76178495 @default.
- W2771775608 hasConceptScore W2771775608C10138342 @default.
- W2771775608 hasConceptScore W2771775608C120527767 @default.
- W2771775608 hasConceptScore W2771775608C120757647 @default.
- W2771775608 hasConceptScore W2771775608C144133560 @default.
- W2771775608 hasConceptScore W2771775608C159091798 @default.
- W2771775608 hasConceptScore W2771775608C162118730 @default.
- W2771775608 hasConceptScore W2771775608C183582576 @default.
- W2771775608 hasConceptScore W2771775608C26503482 @default.
- W2771775608 hasConceptScore W2771775608C38652104 @default.
- W2771775608 hasConceptScore W2771775608C39389867 @default.
- W2771775608 hasConceptScore W2771775608C41008148 @default.
- W2771775608 hasConceptScore W2771775608C76178495 @default.
- W2771775608 hasLocation W27717756081 @default.
- W2771775608 hasOpenAccess W2771775608 @default.
- W2771775608 hasPrimaryLocation W27717756081 @default.
- W2771775608 hasRelatedWork W1483537589 @default.
- W2771775608 hasRelatedWork W1972806731 @default.
- W2771775608 hasRelatedWork W1993132971 @default.
- W2771775608 hasRelatedWork W201609753 @default.
- W2771775608 hasRelatedWork W2072785000 @default.
- W2771775608 hasRelatedWork W2077883729 @default.
- W2771775608 hasRelatedWork W2225654811 @default.
- W2771775608 hasRelatedWork W2410968414 @default.
- W2771775608 hasRelatedWork W2479158818 @default.
- W2771775608 hasRelatedWork W2587916750 @default.
- W2771775608 hasRelatedWork W2887049611 @default.
- W2771775608 hasRelatedWork W2900376060 @default.
- W2771775608 hasRelatedWork W3122070806 @default.
- W2771775608 hasRelatedWork W3128377259 @default.
- W2771775608 hasRelatedWork W3164888925 @default.
- W2771775608 hasRelatedWork W1814428236 @default.
- W2771775608 hasRelatedWork W2064111077 @default.
- W2771775608 hasRelatedWork W2575971766 @default.
- W2771775608 hasRelatedWork W2598184846 @default.
- W2771775608 hasRelatedWork W3125665755 @default.
- W2771775608 isParatext "false" @default.
- W2771775608 isRetracted "false" @default.
- W2771775608 magId "2771775608" @default.
- W2771775608 workType "article" @default.