| Balancing equity and policyholder protection: Assessing insurer’s interests in green lending under cap-and-trade regulations | |
|---|---|
| 學年 | 112 |
| 學期 | 1 |
| 出版（發表）日期 | 2023-11-06 |
| 作品名稱 | Balancing equity and policyholder protection: Assessing insurer’s interests in green lending under cap-and-trade regulations |
| 作品名稱（其他語言） | |
| 著者 | Chen, Shi; Zhao, Yong-hong; Chiu, Shiu-chieh; Wu, Jingfei; Lin, Jyh-horng |
| 單位 | |
| 出版者 | |
| 著錄名稱、卷期、頁數 | PLoS ONE 18(11), e0293975 |
| 摘要 | This paper presents a contingent claim model designed to assess an insurer’s equity within the framework of carbon trading regulations imposed on borrowing firms while also considering the integration of green lending. The development of this model is particularly relevant for regions with established carbon trading markets, with a specific focus on the post-period following the 2015 Paris Agreement concerning climate change. We focus on shareholders and policyholders to optimize equity and ensure maximum protection. Strict caps in capand- trade harm interest margins, reducing guaranteed rates for equity maximization and compromising policyholder protection. Government intervention through sustainable production carbon trading hinders win-win outcomes. Green subsidies can improve insurer margins, but achieving win-win solutions remains challenging. A collective approach is needed to share sustainable production and finance benefits among diverse economic sectors. |
| 關鍵字 | Cap-and-trade;Capped barrier cap option;Dragon king;Green finance |
| 語言 | en_US |
| ISSN | 1932-6203 |
| 期刊性質 | 國外 |
| 收錄於 | SCI |
| 產學合作 | |
| 通訊作者 | Jyh-Horng Lin |
| 審稿制度 | 是 |
| 國別 | USA |
| 公開徵稿 | |
| 出版型式 | ,電子版 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/125653 ) |
| SDGS | 消除貧窮,永續城市與社區,負責任的消費與生產,良好健康和福祉,尊嚴就業與經濟發展 |
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