Structural adjustment and change in the Australian life insurance industry post demutualization

作者: Monica Keneley

DOI:

关键词: Financial systemLife insurancePublic policyDeregulationFinancial intermediaryKey person insuranceFinanceFinancial marketGeneral insuranceStructural adjustmentEconomics

摘要: Deregulation of financial markets has been an important platform for government policy in recent times. It a catalyst the expansion sector. The experience Australian life insurers during this period represents interesting case study into impact regulatory transition. lifting restrictions changed institutional environment within which operated. In doing so it precipitated changes strategies and organizational structures these intermediaries. An information cost framework is used to analyse consequences deregulation its implications insurance industry emerging global markets.

参考文章(18)
Ronald Robert Hirst, Robert Henry Wallace, The Australian capital market Cheshire. ,(1974)
Tobias C. Hoschka, Bancassurance in Europe ,(1994)
David Mayers, Clifford W. Smith, Ownership structure and control: The mutualization of stock life insurance companies☆ Journal of Financial Economics. ,vol. 16, pp. 73- 98 ,(1986) , 10.1016/0304-405X(86)90043-7
Mark Casson, Institutional Economics and Business History: A Way Forward? Business History. ,vol. 39, pp. 151- 171 ,(1997) , 10.1080/00076799700000150
DI THOMSON, MALCOLM ABBOTT, IS THERE A FUTURE FOR MUTUAL DEPOSIT TAKING INSTITUTIONS IN AUSTRALIA Economic Papers: A journal of applied economics and policy. ,vol. 18, pp. 1- 18 ,(1999) , 10.1111/J.1759-3441.1999.TB00929.X
Michael J. McNamara, S. Ghon Rhee, Ownership Structure and Performance: The Demutualization of Life Insurers Journal of Risk and Insurance. ,vol. 59, pp. 221- ,(1992) , 10.2307/253189
KEVIN DAVIS, FINANCIAL RESTRUCTURING IN AUSTRALIA Economic Papers: A journal of applied economics and policy. ,vol. 16, pp. 1- 18 ,(1997) , 10.1111/J.1759-3441.1997.TB00143.X
Monica Keneley, The evolution of the Australian life insurance industry Accounting, Business & Financial History. ,vol. 11, pp. 145- 170 ,(2001) , 10.1080/09585200122306