Blockchain technology produced a new business model; one that enables companies to profit through creating and releasing open-source code. The decentralisation of business orgs creates new corporate ...

In this paper, we study the principal-agent problem. It is well known that in continuous-time, it is possible to prove the existence of an equilibrium (u*, S*) in a considerably general setting, and ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Erika Rasure is globally-recognized as a leading consumer economics subject ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Amy is an ACA and the CEO and founder of ...

Global regulators, including the European Securities and Markets Authority (ESMA) and the UK’s Financial Conduct Authority (FCA), are working on providing clear definitions to clarify what constitutes ...

Principal vs. agency trading refers to two different ways financial institutions execute trades on behalf of clients or themselves. In principal trading, the firm buys or sells securities for its own ...