High-quality economic development can be achieved if a major strategic direction for China are delivered from the macro level to the micro level.Taking A-listed enterprises in China from 2005 to 2018 as samples,this p...High-quality economic development can be achieved if a major strategic direction for China are delivered from the macro level to the micro level.Taking A-listed enterprises in China from 2005 to 2018 as samples,this paper studies the impact of directors and officers liability insurance(D&O insurance)on the high-quality enterprise development.The research results show that D&O insurance can promote high-quality development.In addition,the mechanism test shows that D&O insurance can reduce agency costs and improve innovations and high-quality enterprise development.Further analysis shows that when state-owned enterprises including their internal controls has no major defects,D&O insurance has more significant positive impact.Thus,this paper suggests that the insurance should be promoted for realizing high-quality enterprise development.展开更多
Under the background of healthy China strategy,vaccine safety is an important link to ensure the health of all people.Perfecting china's vaccine damage relief mechanism is the last line of defense to maintain vacc...Under the background of healthy China strategy,vaccine safety is an important link to ensure the health of all people.Perfecting china's vaccine damage relief mechanism is the last line of defense to maintain vaccine safety.With the intervention of vaccine compulsory liability insurance,China will form a vaccine damage relief system based on the government administrative compensation and liability insurance compensation model.Consideration should be given to expanding funding sources for vaccine compensation,simplifying vaccine injury compensation procedures,harmonization of vaccine coverage and standards,and encouraging the development of commercial vaccine-related insurance.Form a vaccine damage relief mechanism that the government,the market and the society share the risk.展开更多
The patent infringement liability insurance is a kind of product to provide liability insurance for manufacturers,sales men,or other bodies from being accused of patent infringement on other’s rights.According to the...The patent infringement liability insurance is a kind of product to provide liability insurance for manufacturers,sales men,or other bodies from being accused of patent infringement on other’s rights.According to the terms of insurance contracts,before such insurance product being insured,the insurer demands a legal opinion by patent lawyers,or other related professionals,stating clearly that the insuring product seemed noninfringement of others valid patent rights.Then,the insurance company can sign the contract just to have insured the patents listed on the legal opinion as cause of the infringement lawsuit.So when the legal opinion have flaws,it would cause a certain loss to the insurer or the applicant.The paper takes views of patent infringement liability insurance to bring up issues on the professional liability of the legal opinion.展开更多
基金This paper is supported by the National Social Science Funds of China on the research“Governance Effect and Path of State Audit in Central State-owned Enterprises”(No.19BGL049)Department of Philosophy and Society,Ministry of Education on the research“Government Administrative Cost Optimization Research”(No.19JHQ097)+1 种基金Basic Scientific Research Funds of the Central Universities Special fund project on the research“Identification,Evaluation and Control of Local Government’s True and False Latent Debt Risks”(No.FRF-MP-20-13)This paper is awarded excellent paper in East China Economic Management of the year 2021.
文摘High-quality economic development can be achieved if a major strategic direction for China are delivered from the macro level to the micro level.Taking A-listed enterprises in China from 2005 to 2018 as samples,this paper studies the impact of directors and officers liability insurance(D&O insurance)on the high-quality enterprise development.The research results show that D&O insurance can promote high-quality development.In addition,the mechanism test shows that D&O insurance can reduce agency costs and improve innovations and high-quality enterprise development.Further analysis shows that when state-owned enterprises including their internal controls has no major defects,D&O insurance has more significant positive impact.Thus,this paper suggests that the insurance should be promoted for realizing high-quality enterprise development.
基金This paper is the research result of the 2018 Graduate Research and Innovation Fund of Anhui University of Finance and Economics,"The Path Exploration of Multi-Subject Governance of Drug Safety under Social Co-Management"(project number:ACYC2018032).
文摘Under the background of healthy China strategy,vaccine safety is an important link to ensure the health of all people.Perfecting china's vaccine damage relief mechanism is the last line of defense to maintain vaccine safety.With the intervention of vaccine compulsory liability insurance,China will form a vaccine damage relief system based on the government administrative compensation and liability insurance compensation model.Consideration should be given to expanding funding sources for vaccine compensation,simplifying vaccine injury compensation procedures,harmonization of vaccine coverage and standards,and encouraging the development of commercial vaccine-related insurance.Form a vaccine damage relief mechanism that the government,the market and the society share the risk.
文摘The patent infringement liability insurance is a kind of product to provide liability insurance for manufacturers,sales men,or other bodies from being accused of patent infringement on other’s rights.According to the terms of insurance contracts,before such insurance product being insured,the insurer demands a legal opinion by patent lawyers,or other related professionals,stating clearly that the insuring product seemed noninfringement of others valid patent rights.Then,the insurance company can sign the contract just to have insured the patents listed on the legal opinion as cause of the infringement lawsuit.So when the legal opinion have flaws,it would cause a certain loss to the insurer or the applicant.The paper takes views of patent infringement liability insurance to bring up issues on the professional liability of the legal opinion.
