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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Price to Tangible Book Value - PTBV
A valuation ratio expressing the price of a security compared to its hard, or tangible, book value as reported in the company's balance sheet. ...
Earnings Call
Public announcement between the management of a public firm, analysts, investors, and media to tackle the financial results within a specific repor ...
Adjusted Underwriting Profit
The profit generated by an insurance after paying out expenses and claims. Insurance companies earn their income through their financial investment ...
Tiered-Rate Account
Savings or checking account paying interest rates in increasingly greater amounts based on the investment period and the amount placed. Every tier ...
Saitori
Saitori is a member of the Tokyo Stock Exchange responsible for matching buy and sell orders in order to facilitate securities trading.
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SEE FOREX TUTORIAL
Ethical Investing: Niche Investment Style
Over the past two years, sustainable, responsible, and impact investing (SRI) has grown significantly in the United States. Based on the US SIF Fou ...
Ethical Investing: Its Advantages and Disadvantages
Believe it or not, ethical investing comprises a huge emotional component. Investors are human; therefore, they let emotions drive their decisions. ...
Ethical Investing: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
Digesting Financial Statements: Cash Flow
Companies generate money from borrowers and/or borrow money from creditors. Next, firms purchase assets and/or finance projects and programs. Then, ...
What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | ANZ Jobs Advertisements | Mar | |
| 07:00 | Leading Indicators | Feb | |
| 08:00 | Halifax House Price Index | Mar | |
| 08:00 | Industrial Production | Feb | |
| 08:00 | Trade Balance | Feb | |
| 09:00 | Foreign Currency Reserves | Mar | |
| 10:30 | Sentix Investor Confidence | Apr | |
| 11:00 | Retail Sales | Feb | |
| 21:00 | Consumer Credit | Feb |
