Zobrazeno 1 - 10
of 24
pro vyhledávání: '"Mark L. Power"'
Publikováno v:
The Journal of Investing. 27:8-20
The pension annuity buyout market continues to experience very strong growth, with record deal volumes being reported. Cantor, Hood, and Power (2017) document a large variation in stock market reaction to annuity buyout announcements. The fundamental
Publikováno v:
The Journal of Retirement. 2017:10-20
Over the past several years, numerous companies have chosen to execute annuity buyouts as a method of de-risking their pension plans. The prevailing wisdom is that shareholders reward these transactions through increases in the share price when the t
Autor:
Mark L. Power, Jonathan M. Hobbs
Publikováno v:
Risk Management and Insurance Review. 18:273-295
Academic, government, employer, and individual interest in personal financial literacy have mushroomed as financial decision making has become more complex, costly, and less paternalistic. Financial illiteracy in America manifests in many ways, inclu
Autor:
Mark L. Power, Richard B. Carter
Publikováno v:
The Geneva Papers on Risk and Insurance - Issues and Practice. 37:485-508
We analyse reputational signals and decisions surrounding capital acquisition by examining 76 insurance firms going public from 1996 to 2006. We first explore the relationship between proxies for insurance firm reputation and initial public offering
Publikováno v:
Risk Management and Insurance Review. 14:89-105
Today's multifaceted and dynamic financial environment requires a high level of individual financial literacy to ensure that sound financial behaviors are the norm. Unfortunately, many individuals have limited knowledge regarding financial issues and
Autor:
Mark L. Power, Tahira K. Hira
Publikováno v:
Risk Management and Insurance Review. 13:111-125
Employers continue to shift financial decision-making responsibility for employee benefits to employees. This article examines employees' financial practices, financial expertise, and levels of benefit participation and overall satisfaction. We show
Publikováno v:
Journal of Pension Economics and Finance. 5:155-174
The independence of outside directors is critical to corporate board effectiveness. We examine a unique period in corporate governance when outside directors' defined benefit pensions are replaced with increases in equity. Firms with pension plans si
Publikováno v:
Journal of Business Communication. 40:289-302
The research presented in this article evaluates the influence of qual ity of information communicated about both non-traditional and tra ditional benefits on the recruitment of college graduates. Using a sample of students who were about to engage i
Publikováno v:
The Quarterly Review of Economics and Finance. 42:487-503
We examine wealth effects, for banks and insurers, of bank rights to sell and underwrite annuities. The stock-price reactions to four court and regulatory decisions are consistent with expectations of bank gains at insurers’ expense. Cross-sectiona
Publikováno v:
Risk Management & Insurance Review. 3:29-44
Insurance regulators operate in an environment in which resources are scarce and issues are most often complex and not salient to affected persons. Consequently, regulatory agencies, such as the Pension Benefit Guaranty Corporation (PBGC), need to us