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Doś Anna (Uniwersytet Ekonomiczny w Katowicach), Wieczorek-Kosmala Monika (Uniwersytet Ekonomiczny w Katowicach)
Perspektywa konfliktu interesów a problem ryzyka działalności ubezpieczeniowej
Insurers' Risk-taking from the Perspective of Conflict of Interests
Wiadomości Ubezpieczeniowe, 2016, nr 2, s. 3-16, tab., bibliogr. 61 poz.
Ryzyko inwestycyjne, Konflikt interesów, Działalność ubezpieczeniowa
Investment risk, Interests conflict, Insurance activity
streszcz., summ., Projekt został sfinansowany ze środków Narodowego Centrum Nauki przyznanych na podstawie decyzji Nr DEC-2011/01/D/HS4/04003.
Artykuł stanowi przyczynek do uporządkowania i rozbudowy wiedzy w zakresie decyzji o podejmowaniu ryzyka przez zakład ubezpieczeń w warunkach sprzeczności celów interesariuszy zakładu, co stanowi nową perspektywę spojrzenia na ryzyko zakładu ubezpieczeń w literaturze polskiej. Opracowanie przedstawia syntetycznie rezultaty podejmowania ryzyka związanego z poziomem funduszu ubezpieczeniowego oraz ryzyka inwestycyjnego dla trzech wiodących grup interesariuszy: akcjonariuszy zakładu, menedżerów oraz ubezpieczonych. W artykule naświetlono konflikt interesów związany z asymetrią rozkładu korzyści i kosztów płynących z podejmowania ryzyka, możliwości wpływania przez interesariuszy na decyzje zakładu oraz rolę wymogów kapitałowych w redukcji tej asymetrii. Opracowanie jest oparte na analizie literatury światowej i porządkuje dorobek dyskusji naukowej w tym obszarze. (abstrakt oryginalny)

The problem of insurance companies' risk-taking is well known. However it is rarely deliberated in the context of conflict of interest. Such a context creates a well-grounded perspective for detecting factors which influence insurance companies' risk-taking. Such factors should be taken under consideration not only in insurance company management but in designing regulations for the insurance sector as well. In the article international literature is presented and systemized. The article deliberates asymmetry of cost and benefits incurred by the main stakeholders of an insurance company. The capacity of stakeholders to influence company risk-taking is also presented. Additionally, capital requirements are described as a means to protect the weakest stakeholders - the insured. The article is a preliminary study which may lead to future research in the field of corporate governance and market discipline within the insurance sector. (original abstract)
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