Determinants of audit committee formation in the life insurance industry: New Zealand evidence

Journal of Business Research

Volumn 38, Issue 2, 1997, Pages 123-129

  Adams, Mike ^a  

^a UNIVERSITY OF GLASGOW   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0031066543     PISSN: 01482963     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0148-2963(96)00031-8     Document Type: Article

References (27)

1. Anderson, Donald, Francis, Jere R., and Stokes, Donald J., Auditing, Directorships and the Demand for Monitoring. Journal of Accounting and Public Policy 12 (Winter 1993): 353-375.
2. Bradbury, Michael E., The Incentives for Voluntary Audit Committee Formation. Journal of Accounting and Public Policy 9 (Spring 1990): 19-36.
3. Chow, Chee, W., and Wong-Boren, Adrian, Voluntary Financial Disclosure by Mexican Corporations. Accounting Review 62 (July 1987): 533-541.
4. Collier, Paul, Factors Affecting the Voluntary Formation of Audit Committees in Major UK Listed Companies. Accounting and Business Research 23 (Winter 1993): 421-430.
5. Commerce Clearing House, Australian and New Zealand Insurance Reporter Volume 1, CCH Australia Ltd., Canberra, 1991.
6. Cummings, J. David, and Weiss, Mary A., The Structure, Conduct, and Regulation of the Property-Liability Insurance Industry, Paper presented at the Federal Bank of Boston Conference on Insurance, June, 1991.
7. Eichenseher, John W., and Shields, David, Corporate Director Liability and Monitoring Preferences. Journal of Accounting and Public Policy 4 (Spring 1985): 13-31.
8. Francis, Jere R., and Wilson, Earl R., Auditor Changes: A Test of Theories Relating to Agency Costs and Differentiation. Accounting Review 63 (October 1988): 663-682.
9. Guthrie, James, and Turnbull, Shann, Audit Committees: Is There a Role for Corporate Senates and/or Stakeholders Councils? Corporate Goverance: An International Review 3 (April 1995): 78-89.
10. Jensen, Michael C., and Meckling, William H., Theory of the Firm: Managerial Behavior, Agency Costs, and Ownership Structure. Journal of Financial Economics 3 (October 1976): 305-360.
11. Klein, Benjamin, and Leffler, Keith B., The Rôle of Market Forces in Assuring Contractual Performance. Journal of Political Economy 89 (August 1981): 615-637.
12. Mayers, David, and Smith, Clifford W., Contractual Provisions, Organizational Structure and Conflict Control in Insurance Markets. Journal of Business 54 (July 1981): 407-434.
13. Mayers, David, and Smith, Clifford W., Corporate Insurance and the Underinvestment Problem. Journal of Risk and Insurance 54 (March 1987): 45-54.
14. Mayers, David, and Smith, Clifford W., On the Corporate Demand for Insurance: Evidence from the Reinsurance market. Journal of Business 63 (April 1990): 19-40.
15. Mayers, David, and Smith, Clifford, W., Executive Compensation in the Life Insurance Industry. Journal of Business 65 (January 1992): 51-74.
16. Mayers, David, and Smith, Clifford W., Managerial Discretion, Regulation and Stock Insurance Company Ownership Structure, Bradley Policy Research Center Working Paper, University of Rochester, Rochester, NY, 1993.
17. Menon, Krishnagopal, and Williams, Joanne D., The Usage of Audit Committees for Monitoring. Journal of Accounting and Public Policy 13 (Summer 1994): 121-139.
18. Myers, Stewart C., The Determinants of Corporate Borrowing. Journal of Financial Economics 5 (November 1977): 147-175.
19. New Zealand Life Insurance Act 1908, Government Printer, Wellington, NZ.
20. O'Sullivan, Neil, and Diacon, Stephen, Audit Fee Determination and Governance Structure: Empirical Evidence from UK Insurance Companies. The Geneva Papers on Risk and Insurance: Issues and Practice 19 (January 1994): 70-84.
21. Pincus, Karen, Rusbarsky, Mark, and Wong, Jilnaught, Voluntary Formation of Corporate Audit Committees among NASDAQ Firms. Journal of Accounting and Public Policy 8 (Winter 1989): 239-265.
22. Pindyck, Robert S., and Rubinfeld, Daniel L., Econometric Models and Forecasts McGraw-Hill, New York, 1981.
23. Rediker, Kenneth J., and Seth, Anju, Boards of Directors and Substitution Effects of Alternative Goverance Mechanisms. Strategic Management Journal 16 (February 1995): 85-99.
24. Scherer, Francis M., Industrial Market Structure and Economic Performance Houghton Mifflin, Boston, MA. 1980.
25. Sherris, Michael, The Role of the Actuary and the Theory of Contracting. Transactions of the Institute of Actuaries in Australia 2 (1987): 1117-1142.
26. Simnett, Roger, Green, Wendy, and Roebuck, Peter, Disclosure of Audit Committees by Public Companies in Australia. Australian Accounting Review 13 (May 1993): 43-50.
27. Stone, Mary, and Rasp, John, Trade-offs in the Choice between Logit and OLS for Accounting Choice Studies. Accounting Review 66 (January 1991): 170-187.