Richard D. Phillips

Georgia State University - Risk Management & Insurance Department

Professor

P.O. Box 4036

Atlanta, GA 30303

United States

http://robinson.gsu.edu/profile/richard-d-phillips/

SCHOLARLY PAPERS

19

DOWNLOADS
Rank 5,847

SSRN RANKINGS

Top 5,847

in Total Papers Downloads

7,239

CITATIONS
Rank 3,300

SSRN RANKINGS

Top 3,300

in Total Papers Citations

157

Scholarly Papers (19)

Derivatives and Corporate Risk Management: Participation and Volume Decisions in the Insurance Industry

Forthcoming
Number of pages: 49 Posted: 27 May 1998 Last Revised: 08 Aug 2018
J David Cummins, Richard D. Phillips and Stephen D. Smith
Temple University - Risk Management & Insurance & Actuarial Science, Georgia State University - Risk Management & Insurance Department and (Deceased)
Downloads 2,353 (5,276)
Citation 52

Abstract:

Loading...

Derivatives, Risk Management, Insurance Companies

Derivatives and Corporate Risk Management: Participation and Volume Decisions in the Insurance Industry

FRB Atlanta Working Paper No. 97-12
Number of pages: 39 Posted: 23 Feb 2015
J David Cummins, Richard D. Phillips and Stephen D. Smith
Temple University - Risk Management & Insurance & Actuarial Science, Georgia State University - Risk Management & Insurance Department and (Deceased)
Downloads 50 (389,976)
Citation 2

Abstract:

Loading...

financial institutions and services, corporate finance and governance, firm objectives, organization and behavior

2.

Information Effect of Entry into Credit Ratings Market: The Case of Insurers' Ratings

Journal of Financial Economics (JFE), Vol. 106, No. 2, 2012
Number of pages: 59 Posted: 07 Mar 2008 Last Revised: 22 Sep 2013
Neil A. Doherty, Anastasia V. Kartasheva and Richard D. Phillips
University of Pennsylvania - Insurance & Risk Management Department, International Association of Insurance Supervisors, c/o Bank for International Settlements and Georgia State University - Risk Management & Insurance Department
Downloads 751 (32,022)
Citation 37

Abstract:

Loading...

Ratings, competition, information disclosure, insurance

3.

The Incentive Effects of No Fault Automobile Insurance

Number of pages: 46 Posted: 12 Apr 2001
J David Cummins, Mary A. Weiss and Richard D. Phillips
Temple University - Risk Management & Insurance & Actuarial Science, Temple University and Georgia State University - Risk Management & Insurance Department
Downloads 726 (33,487)
Citation 32

Abstract:

Loading...

No fault, insurance, fatality rates

4.

Insurance Company Failures: Why Do They Cost so Much?

Georgia State University Center for Risk Management and Insurance Research Working Paper No. 03-1
Number of pages: 39 Posted: 20 Nov 2003
Martin F. Grace, Robert W. Klein and Richard D. Phillips
Temple University - Risk Management & Insurance & Actuarial Science, Georgia State University and Georgia State University - Risk Management & Insurance Department
Downloads 600 (43,308)
Citation 13

Abstract:

Loading...

Insurance, bankruptcy, regulation

5.

The Basis Risk of Catastrophic-Loss Index Securities

Number of pages: 63 Posted: 22 Jun 2000
J David Cummins, David Lalonde and Richard D. Phillips
Temple University - Risk Management & Insurance & Actuarial Science, Applied Insurance Research and Georgia State University - Risk Management & Insurance Department
Downloads 542 (49,335)
Citation 48

Abstract:

Loading...

Estimating the Cost of Equity Capital for Property-Liability Insurers

Number of pages: 47 Posted: 21 Jul 2003
J David Cummins and Richard D. Phillips
Temple University - Risk Management & Insurance & Actuarial Science and Georgia State University - Risk Management & Insurance Department
Downloads 502 (53,739)
Citation 38

Abstract:

Loading...

Insurance, Cost of Equity Capital, Full-Information Beta

Estimating the Cost of Equity Capital for Property-Liability Insurers

Journal of Risk and Insurance, Vol. 72, No. 3, pp. 441-478, September 2005
Number of pages: 38 Posted: 31 Aug 2005
J David Cummins and Richard D. Phillips
Temple University - Risk Management & Insurance & Actuarial Science and Georgia State University - Risk Management & Insurance Department
Downloads 31 (468,468)
  • Add to Cart

Abstract:

Loading...

The Allocation of Governmental Regulatory Authority: Federalism and the Case of Insurance Regulation

Center for Risk Management and Insurance Research No. 96-2
Number of pages: 52 Posted: 25 Jan 1999
Martin F. Grace and Richard D. Phillips
Temple University - Risk Management & Insurance & Actuarial Science and Georgia State University - Risk Management & Insurance Department
Downloads 366 (79,013)
Citation 7

Abstract:

Loading...

The Allocation of Governmental Regulatory Authority: Federalism and the Case of Insurance Regulation

Journal of Risk & Insurance, Vol. 74, No. 1, pp. 207-238, March 2007
Number of pages: 32 Posted: 04 Mar 2007
Martin F. Grace and Richard D. Phillips
Temple University - Risk Management & Insurance & Actuarial Science and Georgia State University - Risk Management & Insurance Department
Downloads 15 (565,021)
  • Add to Cart

Abstract:

Loading...

The Capital Structure of Firms Subject to Price Regulation: Evidence from the Insurance Industry

Number of pages: 30 Posted: 21 Jun 2001
Robert W. Klein, Richard D. Phillips and Wenyen Hsu
Georgia State University, Georgia State University - Risk Management & Insurance Department and Feng Chia University - Department of Risk Management and Insurance
Downloads 341 (85,864)
Citation 26

Abstract:

Loading...

Insurance, price regulation, capital structure

The Capital Structure of Firms Subject to Price Regulation: Evidence from the Insurance Industry

Journal of Financial Services Research, Vol. 21, No. 1 & 2, February/April 2002
Posted: 04 Jun 2003
Robert W. Klein, Richard D. Phillips and Wenyen Hsu
Georgia State University, Georgia State University - Risk Management & Insurance Department and Feng Chia University - Department of Risk Management and Insurance

Abstract:

Loading...

Insurance, price regulation, capital structure

9.

Capital Allocation and the Pricing of Financially Intermediated Risks: An Empirical Investigation

Number of pages: 51 Posted: 28 Jun 2006
Richard D. Phillips, J David Cummins and Yijia Lin
Georgia State University - Risk Management & Insurance Department, Temple University - Risk Management & Insurance & Actuarial Science and University of Nebraska at Lincoln - Department of Finance
Downloads 272 (110,599)
Citation 4

Abstract:

Loading...

Capital allocation, Insurance, Prices

10.

Keeping Up with the Joneses: Changing Rating Standards and the Buildup of Capital by U.S. Property-Liability Insurers

Number of pages: 37 Posted: 23 Jul 2001
Neil A. Doherty and Richard D. Phillips
University of Pennsylvania - Insurance & Risk Management Department and Georgia State University - Risk Management & Insurance Department
Downloads 230 (131,247)
Citation 20

Abstract:

Loading...

Insurance; Credit ratings; Financial strength ratings; Capital structure

11.

Regulator Performance, Regulatory Environment and Outcomes: An Examination of Insurance Regulator Career Incentives on State Insurance Markets

Number of pages: 37 Posted: 19 Jun 2006
Martin F. Grace and Richard D. Phillips
Temple University - Risk Management & Insurance & Actuarial Science and Georgia State University - Risk Management & Insurance Department
Downloads 225 (134,105)
Citation 18

Abstract:

Loading...

Auto Insurance, Price Regulation, Regulatory Incentives, Revolving Door

12.

The Incentive Effects of No-Fault Automobile Insurance

Number of pages: 40 Posted: 27 Oct 1999
J David Cummins, Mary A. Weiss and Richard D. Phillips
Temple University - Risk Management & Insurance & Actuarial Science, Temple University and Georgia State University - Risk Management & Insurance Department
Downloads 152
Citation 3

Abstract:

Loading...

Form Over Matter: Differences in the Incentives to Convert Using Full Versus Partial Demutualization in the U.S. Life Insurance Industry

Journal of Risk & Insurance, Forthcoming
Number of pages: 40 Posted: 05 Aug 2010 Last Revised: 20 Feb 2011
Otgontsetseg Erhemjamts and Richard D. Phillips
Bentley University - Department of Finance and Georgia State University - Risk Management & Insurance Department
Downloads 60 (357,166)

Abstract:

Loading...

Demutualization, full conversion, MHC conversion

Form Over Matter: Differences in the Incentives to Convert Using Full Versus Partial Demutualization in the U.S. Life Insurance Industry

Journal of Risk and Insurance, Vol. 79, Issue 2, pp. 305-334, 2012
Number of pages: 30 Posted: 24 May 2012
Otgontsetseg Erhemjamts and Richard D. Phillips
Bentley University - Department of Finance and Georgia State University - Risk Management & Insurance Department
Downloads 1 (675,558)
Citation 5
  • Add to Cart

Abstract:

Loading...

14.

The State of Business Education and Research - Perspectives from Educational Leaders Around the Globe

Rutgers Business Review, Vol. 1, No. 1, 2016
Number of pages: 26 Posted: 23 Jul 2017
Sabanci University, Rutgers, The State University of New Jersey, University of Leeds - Division of Accounting and Finance, Georgia State University - Risk Management & Insurance Department, Vienna University of Economics and Business and University of South Australia
Downloads 22 (503,742)
Citation 1

Abstract:

Loading...

15.

The Value of Investing in Enterprise Risk Management

Journal of Risk and Insurance, Vol. 82, Issue 2, pp. 289-316, 2015
Number of pages: 28 Posted: 14 May 2015
Martin F. Grace, J. Tyler Leverty, Richard D. Phillips and Prakash Shimpi
Temple University - Risk Management & Insurance & Actuarial Science, University of Wisconsin - Madison, Georgia State University - Risk Management & Insurance Department and Fraime LLC
Downloads 0 (661,847)
Citation 23
  • Add to Cart

Abstract:

Loading...

16.

Keeping Up with the Joneses: Changing Rating Standards and the Buildup of Capital by U.S. Property-Liability Insurers

Journal of Financial Services Research, Vol. 21, No. 1 & 2, 2002
Posted: 08 Apr 2003
Neil A. Doherty and Richard D. Phillips
University of Pennsylvania - Insurance & Risk Management Department and Georgia State University - Risk Management & Insurance Department

Abstract:

Loading...

Insurance, credit ratings, financial strength ratings, capital structure

17.

Pricing Excess-of-Loss Reinsurance Contracts Against Catastrophic Loss

WFIC 98-09
Posted: 03 Aug 1998
J David Cummins, Christopher M. Lewis and Richard D. Phillips
Temple University - Risk Management & Insurance & Actuarial Science, The Hartford and Georgia State University - Risk Management & Insurance Department

Abstract:

Loading...

18.

Financial Pricing of Insurance in Multiple Line Insurance Companies

96-09
Posted: 25 Jun 1998
Richard D. Phillips, J David Cummins and Franklin Allen
Georgia State University - Risk Management & Insurance Department, Temple University - Risk Management & Insurance & Actuarial Science and Imperial College London

Abstract:

Loading...

19.

Corporate Hedging in the Insurance Industry: The Use of Financial Derivatives by U.S. Insurers

FRB Atlanta Working Paper 96-19
Posted: 09 Jul 1996
J David Cummins, Richard D. Phillips and Stephen D. Smith
Temple University - Risk Management & Insurance & Actuarial Science, Georgia State University - Risk Management & Insurance Department and (Deceased)

Abstract:

Loading...