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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PSE
It is Czech Republic’s main securities exchange.
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Administrative system which implements a set of rules and processes, separation of responsibilities and hierarchical structure in imposing controls ...
Minimum Yield
Yield to call or yield to maturity, whichever is lesser. Investors employ this who desire to assess a conservative estimate for the value of a part ...
SEC Form N-17f-2
SEC Form N-17f-2 is also referred to as the Certificate of Accounting of Securities and Similar Investments in Custody of a Management Invest ...
Stabilizing Bid
Stabilizing bid is the bid made on behalf of the underwriters of an initial public offering (IPO) for the repurchasing of shares at the offered pri ...
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| Time | Country | Indices | Period |
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