There needs to be a fundamental rethink about the relationship between financial advisers and their clients, writes Luke ...

Explore how the principal-agent problem affects government efficiency, elected officials, and industry interactions, causing conflicts of interest and policy challenges.

Why exclude state-owned enterprises (SOEs) from equity allocations? This a natural first question investors tend to ask when they hear of WisdomTree’s suite of ex-state-owned equity ETFs. The ...

FITCH Ratings’ downgrade of US sovereign credit from AAA to AA+ highlights a latent principal-agent problem in modern financial markets: Investors have outsourced much of their risk management to the ...

This is a preview. Log in through your library . Abstract The principal-agent problem in health care asserts that providers, being the imperfect agents of patients, will act to maximize their profits ...

Are you an agency or a consultancy? A principal or an agent? Does it matter? Faris Yakob goes in search of the fundamental building blocks of the advertising business. In the broad set of professional ...

ESG or sustainable investing suffers from a principal-agent problem. Far more impact will be achieved when business leaders incorporate sustainability into business decisions. ESG investing is ...

AI agents don’t understand context. If their inputs are flawed, the goals poorly specified or correlations spurious, it could be calamitous. In 1976, economists Michael Jensen and William ...