Managerial estimates are ubiquitous in accounting: most balance sheet and income
statement items are based on estimates; some, such as the pension and employee stock …

We use two reserve error definitions found in the literature to investigate the joint impact of
previously studied incentives on the magnitude of reserve error. We find many prior …

Purpose We investigate the relationship between chief executive officer (CEO)
compensation and a firm's financial performance in the insurance industry to determine CEO …

Unlike studies that estimate managerial bias, we utilize a direct measure of managerial bias
in the US insurance industry to investigate the effects of executive compensation and …

This study investigates the relation between managerial overconfidence and loss-reserving
practices in the US property-liability insurance industry. We find robust evidence that CEO …

Emerging literature focuses on insurers' earnings management using estimated liability for
unpaid claims, known as loss reserve. An insurance company generally uses the traditional …

This paper investigates the role of technical reserves in the income smoothing behavior of
insurance companies. This is one of the first attempts in the literature to trace such …

This paper provides empirical evidence on the materiality thresholds adopted in “change in
accounting estimate”(CAE) disclosures. We also investigate the characteristics of the …

Given the rapidly growing industry-wide trends to promote diversity, we provide the first
evidence that executive gender differences impact insurer corporate decisions by examining …

We examine the relation between executive compensation and market‐implied default risk
for listed insurance firms from 1992 to 2007. Shareholders are expected to encourage …