Jonathan Sila Nyamai

Firm Characteristics and Financial Stability in The Insurance Sector: A Critical Review of Literature

Jonathan Sila Nyamai & Ambrose Jagongo · Asian Journal of Economics, Business and Accounting · 2026

This study underscores a systematic review of the extant literature examining the relationship between firm characteristics and financial stability. The review was theoretically anchored in the buffer theory of capital adequacy, efficiency theory, market power theory, and stakeho...