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.
POPULAR TERMS
Half Stock
It has a par value 50% of what is considered normal. A typical share of stock has a par value of $100, so the par value of a half stock is $50. ...
Call Date
There is a particular date wherein a bond can be reclaimed before its maturity, this is called Call Date. If the issuer thinks there is an ad ...
SEC MEF Filings
SEC MEF Filings are filings whose purpose is for the additional registration of up to 20% more securities for a certain offering in accordance to S ...
Ordinary Loss
Ordinary loss is any loss incurred by a taxpayer but isn’t considered a capital loss. It may result from several causes, such as theft and ca ...
Capital Goods Price Index - CGPI
An economic index calculated by the New Zealand government that determines the alteration in fixed capital-asset amounts in the New Zealand economy ...
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SEE FOREX TUTORIAL
Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
Introduction to Ethical Investing
Since time immemorial, investors look after better profits and income paying stocks. While many consider themselves as ethical investors, the commo ...
Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
Everything You Need To Know About Stock Trader Types
The perks and benefits of being a stock trader is one of the most coveted but first you must be a successful a stock trader. A lot of people go int ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 04:00 | Fixed Asset Investment | Apr | |
| 04:00 | Industrial production | Apr | |
| 04:00 | Retail Sales | Apr | |
| 04:00 | Unemployment Rate | Apr | |
| 04:00 | NBS Press Conference | ||
| 07:15 | BOJ Governor Haruhiko Kuroda Speaks | ||
| 08:00 | Wholesale Price Index | Apr | |
| 08:00 | Prelim Machine Tool Orders | Apr | |
| 11:00 | European Commission Economic Forecasts |
