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Keywords: D&O insurance
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Journal Articles
Journal of International Accounting Research (2018) 17 (1): 69–86.
Published: 01 July 2018
... for the period 2008 to 2012, we find that firms with excess D&O coverage exhibit a greater likelihood of internal control weaknesses. This finding is driven primarily by company-level weaknesses rather than by account-level weaknesses. Because the disclosure of D&O insurance may convey additional...