Open AccessOrganizational Forms in MENA Property-Liability Insurance Industry: The Risk Implications
Author(s) -
Jihene Ghouli Oueslati,
Abdelkader Boudriga
Publication year - 2018
Publication title -
international journal of accounting and financial reporting
Language(s) - English
Resource type - Journals
ISSN - 2162-3082
DOI - 10.5296/ijafr.v8i2.13116
Subject(s) - islam , business , liability , stock (firearms) , actuarial science , empirical research , empirical evidence , stock exchange , accounting , finance , mechanical engineering , philosophy , theology , epistemology , engineering
This paper provides an evidence of the effect of organizational forms on the risk taking behavior, mainly by analyzing stock, mutual and Islamic insurers, between 2011 and 2016, from three countries of MENA’s region. Empirical tests are here applied to evaluate risk differences between these three types of ownership structures. We assume that stock insurers are more risky than mutual and Islamic ones and write more business with higher risk.