PRINCIPAL-AGENT PROBLEM
Conflicts of interest and moral hazard issues that arise when a principal hires an agent to perform specific duties that are in the best interest of the principal but may be costly, or not in the best interests of the agent. The principal-agent problem develops when a principal creates an environment in which an agent has incentives to align its interests with those of the principal, typically through incentives. Principals create incentives for the agent to act as the principal wants because the principal faces information asymmetry and risk with regards to whether the agent has effectively completed a contract.
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Sector Fund
Sector Fund is a fund that may be mutual, exchange-traded or close-end which invests only in companies in the same sector. The likeness in industry ...
Yen ETF
Yen ETF refers to exchange-traded funds that are mainly invested on yen-backed assets. It can also hold the currency in an account that bears an in ...
Capitulation
Situation in which investors drop any previous gains in stock price by selling equities in an endeavor to exit the market and get into less risky i ...
Electronic Funds Transfer Act
Federal law which gives protection to consumers engaged in transferring funds through electronic methods. The methods include debit cards, automati ...
Emblements
Crops cultivated annually considered as the tenant’s property. Once a tenant loses ownership on the land, he is still entitled to raising the ...
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SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
Starting Your Own Small Business: Choosing What You Want to Sell
Some people say that the only real way to get rich is by starting your own business. However, this is untrue; there are a lot of reasons to start y ...
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
How Much Does a Home Remodeling Cost?
If your house can handle a renovation, the next thing you need to find out is the cost of a home remodeling.
You may nee ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Economy Watchers Survey | Nov | |
| 08:45 | Unemployment Rate | Nov | |
| 09:00 | Trade Balance | Oct | |
| 11:30 | Sentix Investor Confidence | Dec | |
| 15:15 | Housing Starts | Nov | |
| 15:30 | Building Permits | Oct | |
| 00:05 | RBA Governor Philip Lowe Speaks | ||
| 01:50 | M2 Money Supply + CD | Nov | |
| 02:30 | NAB Business Confidence | Nov |
