User profiles for M. Martin Boyer

Martin Boyer

Professeur de finance (HEC Montréal)
Verified email at hec.ca
Cited by 2195

Common and fundamental factors in stock returns of Canadian oil and gas companies

MM Boyer, D Filion - Energy economics, 2007 - Elsevier
We assess the financial determinants of Canadian oil and gas company stock returns. We
find that the return of Canadian energy stock is positively associated with the Canadian stock …

Assessing the impact of televised debates: The case of the 1988 Canadian election

A Blais, MM Boyer - British Journal of Political Science, 1996 - cambridge.org
A methodology is proposed for assessing the impact of televised debates on electoral outcomes,
and it is applied to a specific case, that of the 1988 Canadian election. We present four …

Directors' and officers' insurance and shareholder protection

MM Boyer - Journal of Financial Perspectives, 2014 - papers.ssrn.com
Corporate directors are liable for the corporation’s actions as well as their own. Strangely,
and by far, the most likely plaintiffs in a lawsuit against corporate directors are the …

Directors' and officers' liability insurance, corporate risk and risk taking: New panel data evidence on the role of directors' and officers' liability insurance

MM Boyer, S Tennyson - Journal of Risk and Insurance, 2015 - Wiley Online Library
This article develops and tests hypotheses regarding the relationship between directors’ and
officers’ (D&O) insurance purchase and firm size, governance characteristics, and business …

Long-term care insurance: Information frictions and selection

MM Boyer, P De Donder, C Fluet, ML Leroux… - American Economic …, 2020 - aeaweb.org
This paper conducts a stated-choice experiment where respondents are asked to rate various
insurance products aimed to protect against financial risks associated with long-term care …

Is corporate governance risk valued? Evidence from directors' and officers' insurance

MM Boyer, LH Stern - Journal of corporate finance, 2012 - Elsevier
We find that common equity firms pay lower D&O insurance premiums than income trusts,
an alternative and riskier ownership form. This result has wide-ranging implications for …

D&O insurance and IPO performance: What can we learn from insurers?

MM Boyer, LH Stern - Journal of Financial Intermediation, 2014 - Elsevier
We investigate whether a firm’s directors’ and officers’ liability insurance contract at the time
of the IPO is related to insured firms’ first year post-IPO performance. We find that insurers …

Are underwriting cycles real and forecastable?

MM Boyer, E Jacquier… - Journal of Risk and …, 2012 - Wiley Online Library
Speculative efficiency often requires that future changes in a series cannot be forecast. In
contrast, series with a cyclical component would seem to be forecastable with decreases, …

If we can simulate it, we can insure it: An application to longevity risk management

MM Boyer, L Stentoft - Insurance: Mathematics and Economics, 2013 - Elsevier
This paper proposes a unified framework for measuring and managing longevity risk.
Specifically, we develop a flexible framework for valuing survivor derivatives like forwards, and …

Corporate Social Responsibility and Directors' and Officers' Liability Risk: The Moderating Effect of Risk Environment and Growth Potential

H Lu, MM Boyer, A Kleffner - Business & Society, 2024 - journals.sagepub.com
Theoretical arguments regarding the effect of corporate social responsibility (CSR) on firm
liability risk are abundant; however, empirical evidence about this relationship is scarce. We …