The Principal-agent Relations in a Financial Intermediary

The Principal-agent Relations in a Financial Intermediary PDF Author: Samuel Barak Bulmash
Publisher:
ISBN:
Category : Savings and loan associations
Languages : en
Pages : 124

Get Book Here

Book Description

The Principal-agent Relations in a Financial Intermediary

The Principal-agent Relations in a Financial Intermediary PDF Author: Samuel Barak Bulmash
Publisher:
ISBN:
Category : Savings and loan associations
Languages : en
Pages : 124

Get Book Here

Book Description


The Principal-Agent Problem in the Context of Financial Advice

The Principal-Agent Problem in the Context of Financial Advice PDF Author:
Publisher: GRIN Verlag
ISBN: 3346416925
Category : Business & Economics
Languages : en
Pages : 18

Get Book Here

Book Description
Seminar paper from the year 2018 in the subject Economics - Micro-economics, grade: 2,0, University of Hohenheim, language: English, abstract: This paper studies the relationship between investors and investment advisers with regard to the principal-agent theory. Especially, the payment of commissions, kick-backs or other inducements from product provider to financial adviser and their impact of product recommendations are the focus of this paper. At the end, this paper should answer the research question, to what extent is the investor-investment adviser relationship a principal-agent relationship and how do commission payments affect the decision of both participants. Furthermore, this paper contents the political aspect, especially the analysis of the latest German policy with regard to consumer protection in financial markets. This paper is divided in six chapters. Chapter 2 is a definition and classification of various types of financial advisers. In chapter 3, this work elaborates the principal-agent theory and compare it to our case of financial advice. In chapter 4, we set up a model of the interdependence between product provider, adviser and customer. In addition, this model gives information about payments and related incentives. The following 5th chapter, analyzes the latest policy intervention of the European Union with regard to the German financial advice market. The last chapter is a conclusion of the previous chapters.

The Foundations and Future of Financial Regulation

The Foundations and Future of Financial Regulation PDF Author: Mads Andenas
Publisher: Routledge
ISBN: 113504337X
Category : Law
Languages : en
Pages : 556

Get Book Here

Book Description
Financial regulation has entered into a new era, as many foundational economic theories and policies supporting the existing infrastructure have been and are being questioned following the financial crisis. Goodhart et al’s seminal monograph "Financial Regulation: Why, How and Where Now?" (Routledge:1998) took stock of the extent of financial innovation and the maturity of the financial services industry at that time, and mapped out a new regulatory roadmap. This book offers a timely exploration of the "Why, How and Where Now" of financial regulation in the aftermath of the crisis in order to map out the future trajectory of financial regulation in an age where financial stability is being emphasised as a key regulatory objective. The book is split into four sections: the objectives and regulatory landscape of financial regulation; the regulatory regime for investor protection; the regulatory regime for financial institutional safety and soundness; and macro-prudential regulation. The discussion ranges from theoretical and policy perspectives to comprehensive and critical consideration of financial regulation in the specifics. The focus of the book is on the substantive regulation of the UK and the EU, as critical examination is made of the unravelling and the future of financial regulation with comparative insights offered where relevant especially from the US. Running throughout the book is consideration of the relationship between financial regulation, financial stability and the responsibility of various actors in governance. This book offers an important contribution to continuing reflections on the role of financial regulation, market discipline and corporate responsibility in the financial sector, and upon the roles of regulatory authorities, markets and firms in ensuring the financial health and security of all in the future.

Understanding Consumer Financial Behavior

Understanding Consumer Financial Behavior PDF Author: W. Fred van Raaij
Publisher: Springer
ISBN: 1137544252
Category : Business & Economics
Languages : en
Pages : 286

Get Book Here

Book Description
Government policies, marketing campaigns of banks, insurance companies, and other financial institutions, and consumers' protective actions all depend on assumptions about consumer financial behavior. Unfortunately, many consumers have no or little knowledge of budgeting, financial products, and financial planning. It is therefore important that organizations and market authorities know why consumers spend, borrow, insure, invest, and save for their retirement - or why they do not. Understanding Consumer Financial Behavior provides a systemic economic and behavioral approach to the way people handle their finances. It discusses the different types of financial behaviors consumers may engage in and explores the psychological explanations for their behavior and choices. This exciting new book is essential reading for scholars of marketing, finance, and management; financial professionals; and consumer policy makers.

Academic Foundation`S Bulletin On Money, Banking And Finance Volume -75 Analysis, Reports, Policy Documents

Academic Foundation`S Bulletin On Money, Banking And Finance Volume -75 Analysis, Reports, Policy Documents PDF Author: Editor : Sona Kapila
Publisher: Academic Foundation
ISBN: 9788171885633
Category :
Languages : en
Pages : 230

Get Book Here

Book Description


An Introduction to Islamic Finance

An Introduction to Islamic Finance PDF Author: Zamir Iqbal
Publisher: John Wiley & Sons
ISBN: 0470828110
Category : Business & Economics
Languages : en
Pages : 318

Get Book Here

Book Description
The first book to offer comprehensive coverage of Islamic finance and banking and its applications to the rest of the world, now fully revised and updated The ongoing international financial crisis has reignited debate over the development of a risk-sharing financial system, such as that required in Shariah Law. An Introduction to Islamic Finance: Theory and Practice, Second Edition highlights the core principles of risk sharing in Islam, arguing that a risk-sharing financial system is exactly what we need to promote greater financial stability. Providing comprehensive coverage of the fundamental theory behind Islamic finance and banking, according to the core concepts of Shariah law, authors Zamir Iqbal and Abbas Mirakhor clearly explain the distinct features of an Islamic financial system and how it compares with traditional financial models. Addressing the myriad important developments that have taken place in recent years, this second edition looks to the future, addressing emerging issues sure to influence future developments in Islamic finance. Explores the unique features of an Islamic financial system, how they compare to more traditional financial systems, and how they could improve them Discusses all the most recent developments and emerging issues in Islamic finance Updated with the latest developments, trends, innovations, and statistics, this new edition features additional chapters on the financial crisis, globalization, non-bank financial institutions, and recent developments in Takaful (Islamic insurance) The first edition of An Introduction to Islamic Finance established the book as the market leader, and this newly revised and updated second edition incorporates the most recent developments in this booming financial sector, including financial stability, globalization, and non-banking financial institutions.

Macroeconomic Theory and Its Failings

Macroeconomic Theory and Its Failings PDF Author: Steven Kates
Publisher: Edward Elgar Publishing
ISBN: 1849803390
Category : Business & Economics
Languages : en
Pages : 305

Get Book Here

Book Description
This innovative book focuses on the current global financial crisis and the inadequacies of the economic theories being used to guide policy. In so doing, it tackles the economic theories that have been used firstly to understand its causes and thereafter to contain the damage it has brought.

Finance, Intermediaries, and Economic Development

Finance, Intermediaries, and Economic Development PDF Author: Stanley L. Engerman
Publisher: Cambridge University Press
ISBN: 1139438476
Category : Business & Economics
Languages : en
Pages : 362

Get Book Here

Book Description
This volume includes ten essays dealing with financial and other forms of economic intermediation in Europe, Canada, and the United States since the seventeenth century. Each relates the development of institutions to economic change and describes their evolution over time, as well as discussing several different forms of intermediation, and deals with significant economic and historical issues.

Financial Regulation

Financial Regulation PDF Author: Charles Goodhart
Publisher: Routledge
ISBN: 1135116393
Category : Business & Economics
Languages : en
Pages : 274

Get Book Here

Book Description
Financial Regulation presents an important restatement of the purposes and objectives of financial regulation. The authors provide details and data on the scale, nature and costs of regulatory problems around the world, and look at what sort of countries and sectors require special attention and policies. Key topics covered include: * the need to recast the form of regulation * incentive structures for financial regulation * proportionality * new techniques for risk management * regulation in emerging countries * crisis management * prospects for financial regulation in the future.

Entrepreneurial Finance: A Definitive Guide

Entrepreneurial Finance: A Definitive Guide PDF Author: Francesca Tenca
Publisher: World Scientific
ISBN: 9811221995
Category : Business & Economics
Languages : en
Pages : 165

Get Book Here

Book Description
This book synthesises current knowledge on entrepreneurial finance. It provides a comprehensive and up-to-date overview of the state-of-the-art in entrepreneurial finance, with a focus on its ecosystem and main players. It analyses different channels of funding for young and growing ventures, namely debt financing, venture capital, business angels, and new forms of alternative finance, highlighting their advantages and disadvantages from an entrepreneur's perspective. It further discusses the characteristics of financial markets in entrepreneurial finance, examining financial gaps and public policies.This book is ideal for students in entrepreneurship, innovation, finance and business at the graduate and post-graduate levels. Entrepreneurs and policymakers interested in financial issues related to start-ups and new ventures will also find this book interesting.