Showing papers on "Embedded value published in 2021"
TL;DR: In this paper, a micro-foundation-based theory that incorporates market friction, market connection and escalation of commitment from the managers is proposed to examine the maintenance decisions for IP that require continuous investment in an uncertain market environment.
3 citations
TL;DR: In this paper, the authors investigated the effects of releasing embedded value (EV) reports and EV report disclosure quality on life insurance companies' credit risks, using issuer credit rating and bond yield.
Abstract: This study investigates the effects of releasing embedded value (EV) reports and EV report disclosure quality on life insurance companies’ credit risks, using issuer credit rating and bond yield sp...