Hung-Gay Fung is the Dr. Y. S. Professor of Chinese Studies in the College of Business Administration & Center of International Studies at the University of Missouri-St. Louis in St. Louis, MO. Min-Ming Wen is an Assistant Professor in the College of Business and Economics at California State University, Los Angeles in Los Angeles, CA. Gaiyan Zhang is a Finance Board Scholar and an Associate Professor in the College of Business Administration at the University of Missouri-St. Louis in St. Louis, MO.
How Does the Use of Credit Default Swaps Affect Firm Risk and Value? Evidence from US Life and Property/Casualty Insurance Companies
Article first published online: 13 SEP 2012
© 2012 Financial Management Association International.
Volume 41, Issue 4, pages 979–1007, Winter 2012
How to Cite
Fung, H.-G., Wen, M.-M. and Zhang, G. (2012), How Does the Use of Credit Default Swaps Affect Firm Risk and Value? Evidence from US Life and Property/Casualty Insurance Companies. Financial Management, 41: 979–1007. doi: 10.1111/j.1755-053X.2012.01203.x
We thank two anonymous reviewers and Bill Christie (Editor) for helpful comments. Fung and Zhang acknowledge the financial support of summer research grants from the College of Business Administration and the Center for International Studies, University of Missouri-St. Louis. We also thank comments from the seminar participants of the 2011 FMA conference.
- Issue published online: 27 NOV 2012
- Article first published online: 13 SEP 2012
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