| Summary: | 碩士 === 國立暨南國際大學 === 財務金融學系 === 104 === This study focuses on investigating whether regional characteristics have impacts on decisions of earnings management of insurance. Adopt property-liability insurers from 1996 to 2012 as our sample, we examine the relationship between the mainstream religious beliefs and insurer loss reserve error. Empirical results show that property-liability insurers with headquarter located in the region with higher gambling preference have higher degree of loss reserve error. After a series of robustness checks, the results are still supported. Even though in bad times of insurance industry, financial crisis and the condition under enactment of the Sarbanes-Oxley Act, the results still keep. Finally, we find there are no significant influences on the relationship between local gambling preference and insurer loss reserve error for mutual and stock P/L insurers.
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