Work

Characteristics of Common Stock Holdings of Insurance Companies

Year: 1996

Type: article

Abstract: This article investigates the stock market portfolios of insurance company portfolio managers and compares the characteristics of their equity holdings with those of other (noninsurance) institutional equity portfolios. The main finding is that the cross-sectional determinants documented by earlier researchers for aggregate institutional ownership levels in firms do not have the same explanatory power for levels of ownership of insurance companies. On the other hand, these same firm characteristics have significantly high explanatory power regarding the decision of insurance companies to invest in a firm.

Source: Journal of Risk & Insurance

DOI: 10.2307/253516

Authors: S. G. Badrinath, Jayant R. Kale, Harley E. Ryan

Institutions: San Diego State University, Indian Institute of Management Bangalore, Northeastern University, Georgia State University

Language: English

Topic: Corporate Finance and Governance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2000952082

FWCI: 6.951

Cites:

Cited by: 79

Related to: 10