Compulsory liability insurance has widely existed in the field of marine insurance. However, marine drilling platforms have always been excluded from this system in China. In view of the special legal nature of oil po...Compulsory liability insurance has widely existed in the field of marine insurance. However, marine drilling platforms have always been excluded from this system in China. In view of the special legal nature of oil pollution compulsory liability insurance for marine drilling platforms, this paper analyzes a number of issues related to oil pollution compulsory liability insurance, elaborates on the necessity for China to implement the system and makes some suggestions about the implementation of that.展开更多
As the responsibilities for clinical pharmacists have increased in recent years, the pharmacy practitioner finds the need for professional liability insurance. This report describes the practice changes under way and ...As the responsibilities for clinical pharmacists have increased in recent years, the pharmacy practitioner finds the need for professional liability insurance. This report describes the practice changes under way and describes the malpractice insurance options available to current pharmacy practitioners.展开更多
Since Shandong restarted its insurance industry in 1980, it has set up 180 domestic insurance businesses in four categories, namely property, Iife, liability and guaranty. And insurance for foreigners has been expande...Since Shandong restarted its insurance industry in 1980, it has set up 180 domestic insurance businesses in four categories, namely property, Iife, liability and guaranty. And insurance for foreigners has been expanded to all parts of the province from Qingdao to Yentai. There are now 31.400 enterprises, 620,000 vehicles, and 11.5 million households involved in property insurance and 20展开更多
Under the background of healthy China strategy,vaccine safety is an important link to ensure the health of all people.Perfecting china's vaccine damage relief mechanism is the last line of defense to maintain vacc...Under the background of healthy China strategy,vaccine safety is an important link to ensure the health of all people.Perfecting china's vaccine damage relief mechanism is the last line of defense to maintain vaccine safety.With the intervention of vaccine compulsory liability insurance,China will form a vaccine damage relief system based on the government administrative compensation and liability insurance compensation model.Consideration should be given to expanding funding sources for vaccine compensation,simplifying vaccine injury compensation procedures,harmonization of vaccine coverage and standards,and encouraging the development of commercial vaccine-related insurance.Form a vaccine damage relief mechanism that the government,the market and the society share the risk.展开更多
Using hand-collected data on purchases of D&O insurance by Chinese listed firms for the period from 2008 to 2019,we empirically find that D&O insurance negatively associates with credit spreads.The negative re...Using hand-collected data on purchases of D&O insurance by Chinese listed firms for the period from 2008 to 2019,we empirically find that D&O insurance negatively associates with credit spreads.The negative relationship still holds after conducting a series of robustness tests and is not driven by the eyeball effect.We also show that D&O insurance can reduce credit spreads via the channels of internal controls,external monitoring,information asymmetry and default risk.Moreover,the negative effect of D&O insurance on credit spreads is more pronounced for non-state-owned firms,those located in regions with a low level of marketization or that employ rating agencies with a bad reputation.Our study complements the literature on the credit spreads and corporate governance.展开更多
High-quality economic development can be achieved if a major strategic direction for China are delivered from the macro level to the micro level.Taking A-listed enterprises in China from 2005 to 2018 as samples,this p...High-quality economic development can be achieved if a major strategic direction for China are delivered from the macro level to the micro level.Taking A-listed enterprises in China from 2005 to 2018 as samples,this paper studies the impact of directors and officers liability insurance(D&O insurance)on the high-quality enterprise development.The research results show that D&O insurance can promote high-quality development.In addition,the mechanism test shows that D&O insurance can reduce agency costs and improve innovations and high-quality enterprise development.Further analysis shows that when state-owned enterprises including their internal controls has no major defects,D&O insurance has more significant positive impact.Thus,this paper suggests that the insurance should be promoted for realizing high-quality enterprise development.展开更多
文摘Compulsory liability insurance has widely existed in the field of marine insurance. However, marine drilling platforms have always been excluded from this system in China. In view of the special legal nature of oil pollution compulsory liability insurance for marine drilling platforms, this paper analyzes a number of issues related to oil pollution compulsory liability insurance, elaborates on the necessity for China to implement the system and makes some suggestions about the implementation of that.
文摘As the responsibilities for clinical pharmacists have increased in recent years, the pharmacy practitioner finds the need for professional liability insurance. This report describes the practice changes under way and describes the malpractice insurance options available to current pharmacy practitioners.
文摘Since Shandong restarted its insurance industry in 1980, it has set up 180 domestic insurance businesses in four categories, namely property, Iife, liability and guaranty. And insurance for foreigners has been expanded to all parts of the province from Qingdao to Yentai. There are now 31.400 enterprises, 620,000 vehicles, and 11.5 million households involved in property insurance and 20
基金This paper is the research result of the 2018 Graduate Research and Innovation Fund of Anhui University of Finance and Economics,"The Path Exploration of Multi-Subject Governance of Drug Safety under Social Co-Management"(project number:ACYC2018032).
文摘Under the background of healthy China strategy,vaccine safety is an important link to ensure the health of all people.Perfecting china's vaccine damage relief mechanism is the last line of defense to maintain vaccine safety.With the intervention of vaccine compulsory liability insurance,China will form a vaccine damage relief system based on the government administrative compensation and liability insurance compensation model.Consideration should be given to expanding funding sources for vaccine compensation,simplifying vaccine injury compensation procedures,harmonization of vaccine coverage and standards,and encouraging the development of commercial vaccine-related insurance.Form a vaccine damage relief mechanism that the government,the market and the society share the risk.
基金supported by the National Natural Science Foundation of China(No.72072012,71672007,71972010 and 71972011)the National Social Science Fund of China(No.18BGL090)
文摘Using hand-collected data on purchases of D&O insurance by Chinese listed firms for the period from 2008 to 2019,we empirically find that D&O insurance negatively associates with credit spreads.The negative relationship still holds after conducting a series of robustness tests and is not driven by the eyeball effect.We also show that D&O insurance can reduce credit spreads via the channels of internal controls,external monitoring,information asymmetry and default risk.Moreover,the negative effect of D&O insurance on credit spreads is more pronounced for non-state-owned firms,those located in regions with a low level of marketization or that employ rating agencies with a bad reputation.Our study complements the literature on the credit spreads and corporate governance.
基金This paper is supported by the National Social Science Funds of China on the research“Governance Effect and Path of State Audit in Central State-owned Enterprises”(No.19BGL049)Department of Philosophy and Society,Ministry of Education on the research“Government Administrative Cost Optimization Research”(No.19JHQ097)+1 种基金Basic Scientific Research Funds of the Central Universities Special fund project on the research“Identification,Evaluation and Control of Local Government’s True and False Latent Debt Risks”(No.FRF-MP-20-13)This paper is awarded excellent paper in East China Economic Management of the year 2021.
文摘High-quality economic development can be achieved if a major strategic direction for China are delivered from the macro level to the micro level.Taking A-listed enterprises in China from 2005 to 2018 as samples,this paper studies the impact of directors and officers liability insurance(D&O insurance)on the high-quality enterprise development.The research results show that D&O insurance can promote high-quality development.In addition,the mechanism test shows that D&O insurance can reduce agency costs and improve innovations and high-quality enterprise development.Further analysis shows that when state-owned enterprises including their internal controls has no major defects,D&O insurance has more significant positive impact.Thus,this paper suggests that the insurance should be promoted for realizing high-quality enterprise development.
