Sentences with phrase «of agency problems»

The problem I have with this analysis (besides my usual disagreement with the assumption that we want to goad investors to be more active) is that «stewardship» is just one form of agency problem in the institutional investor context.
This seems to be another example of the agency problem, wheremanagers take an action that benefits them, but harms shareholders.

Not exact matches

First, public companies have an «agency problem,» the inherent conflict of interest between executives wanting to create wealth for themselves and doing what's best for shareholders.
She is also the co-founder of Rad Campaign, a web agency that works with nonprofits to fight the world's toughest problems, ranging from climate change to health care reform.
A former top TSA official explains why staffing errors and a host of problems at the agency are to blame for long security wait times.
There has been much debate about how blockchain could solve this problem, but a recent Newsweek report detailing the example of a home title being issued on the Ethereum blockchain showed a solution: It's only a matter of time, the article said, before government agencies start embracing blockchain as a valid alternative to existing title processes.
The pigeon initiative is the brainchild of digital marketing agency DigitasLBi, and won the «Solve a Problem» category in Twitters #PoweredByTwitter competition last year.
In Italy, however, despite facing the same problem of a declining population — in 2014, only 509,000 live births were recorded, the lowest number since the unification of Italy in 1861, according to the country's statistics agency, ISTAT — the broader economic backdrop is the source of reluctance.
Hart said that the problem of insider threats is as «old as the hills» and that every organization, from big businesses to the National Security Agency, has to deal with the possibility.
Another problem is that NASA earth science is more than people — it's buildings, systems, and machines that are now woven into the framework of the space agency and could not cheaply or efficiently be extracted.
Fairbanks said another problem with Prop 61 is its linkage of prices paid by state agencies to the VA's price, which is not public information, and it is not clear if the state could compel disclosure.
So if you drew a horizontal line and call that fair value like Ben Graham said, and then you draw a wavy line around that horizontal line and call that stock prices, the market is pitching us opportunities all the time between stocks that are way below fair value and way above fair value, the reason investors don't beat the market has nothing to do with the market is not throwing us pitches in that it's not still emotional, they are behavioral problem, there's agency problems, there is a lot of other issues going on but it's not because we're not getting really great pictures all the time.
Lutz - Christian Funke, executive director of KfW, The World's Safest Bank for several consecutive years, discusses with GFMag editor Andrea Fiano Germany's political balancing act and economic stability, Europe's refugee problem, and KfW's collaborations with other European banks and political agencies.
The Smync Team is a group that built our platform and provides our services because we're an experienced team who knows the problems all marketers face, knows there is a better way to do and is passionate about helping brands and agencies build Social Brand Advocacy in this age of social / mobile first, distrust of marketing and the importance of real business results from marketing.
With a clear four - step methodology to help readers move from idea to action, templates for readers to map out their problems and the opposing ideas for solving them, and with practical and memorable stories, from music mogul Jay - Z, to the founder of Vanguard Group, Creating Great Choices was written with MBA students, business managers, non-profit and government agency leaders, teachers, and even elementary school students in mind.
So returning to the problem of the credit rating agencies, how can anyone believe that agreeing to pay an unpayably high debt would improve Iceland's credit rating?
The real problem with retrospective review of rules is that it prevents agencies from moving forward to protect the public from new and unregulated hazards.
These include the problem of public communication, where the public is likely to be more understanding of inflation than the more nebulous concept of nominal growth, as well as the problem that nominal income is often subject to sizeable revision by the statistical agency.
We develop an analytical framework for examining these agency problems and apply it to study several key types of investment managers.
Activist hedge funds have substantially better incentives than managers of index funds or active mutual funds, but their activities do not provide a complete solution for the agency problems of institutional investors.
Bebchuk, Lucian A. and Cohen, Alma and Hirst, Scott, The Agency Problems of Institutional Investors (June 1, 2017).
While corporate ownership is now concentrated in the hands of institutional investors that can exercise stewardship of those corporations that would be impossible for dispersed shareholders, the investment managers of these institutional investors have agency problems vis - à - vis their own investors.
Rep. Chris Taylor, D - Madison, noted the agency has been plagued by reports of problems for the past year, yet the Legislature hasn't made any changes.
Robert E. Lighthizer, the U.S. trade representative, has also blamed some of the problems with the talks on a «whole complicated process» that requires negotiators to clear positions with members of Congress and officials at other agencies.
Commerce Secretary Mike Gill said some of the changes the agency is seeking this year are a response to the problems those reports highlighted.
Of the three major ratings agencies, only Moody's Investors Service has indicated that Illinois lawmakers» lack of long - term solutions for reducing that debt is a severe probleOf the three major ratings agencies, only Moody's Investors Service has indicated that Illinois lawmakers» lack of long - term solutions for reducing that debt is a severe probleof long - term solutions for reducing that debt is a severe problem.
Mr. Keller says the CFP Board hadn't been aware of the problem earlier because the board, which lacks the powers of a regulatory agency, expects that CFPs «accurately disclose their compensation, know our rules and follow our rules.»
As a result, the government took a number of initiatives to prevent similar problems, including the creation of the National Asset Management Agency (NAMA).
In addition to agreeing formally to the refunds, JPMorgan agreed in consent orders with the agencies to pay a total of $ 80 million in civil penalties for the violations and fix the problems.
Any company whose business depends on providing goods or services to local, state or federal government agencies has experienced one or more of the following cash flow problems:
«For that reason and to avoid collections problems, we focused on growing our customer base of government agencies who paid us on regular cycles.»
Cryptocurrencies are digital means of exchange which are created by the solution of complex Mathematical problems, and which are used to effect peer - to - peer transactions without the control of a centralised government agency.
WASHINGTON — As a top Veterans Administration official in the Obama administration, current Secretary David Shulkin took no action to fix longstanding problems of dirty syringes and equipment shortages that put patients at risk at a major veterans hospital, according to an investigation released Wednesday that finds «failed leadership» and a «climate of complacency» at the agency.
Whatever Bernanke's motivations may be, the essential problem is that the question of his objectivity must be raised at all, and it must, because the Fed is no longer a non-political entity, though it still enjoys protection from the accountability any political agency should bear.
While the Churches were busy creating new agencies and institutions to handle the new problems of the city, they were not overlooking their regular activities in reform and publication.
One serious problem in the area of recombinant DNA research is, however, that drug companies and government agencies are as much involved as are university professors.
Its four - part series «Hunger in Africa» (November 27 - 30, 1984), which concluded with a list of relief agencies to which donations could be sent, and the recent series «Exiles Among Us: Poor and Black in America» (November 13 - 20, 1986) are instances in which it has contributed significantly to public understanding of social problems.
The specific purpose of the church Eddy founded is to be an effective agency for the spiritual awakening upon which, as Christian Scientists see it, the solution of humanity's manifold problems ultimately rests.
The Catholic News Agency quotes him as follows: ««The main problem that we have today in the ecumenical dialogue with all the Protestant» communities... is the lack of «a common vision of the goal of the ecumenical movement.
This problem today is engendered and sustained by virtually every institution responsible for the creation of the built environment: the real estate development industry; the construction industry; federal, state and local regulatory agencies; the rule - of - thumb manuals of transportation engineers; the lending policies of banks; the professions of architecture and planning; the patrons of architecture; and above all the zoning ordinances that regulate where and how buildings get built.
Third, in his argument that computation can not produce intelligent agency, Mr. Dembski fails to note that we have only begun to explore analog computation, which mimics the way simple neural systems process information, and quantum computation, whose method of solving problems mimics a «leap of intuition.»
But can we not seek unity in a way that will help us transcend our particular North American problems, that will deliver us from decades of tinkering with boards, agencies, jurisdictions and pension funds?
The problem of causal agency, i.e., the question of whether it is the larger social whole or the individual constituent which is the primary efficacious factor in society, is also relevant metaphysically.
How to hold together these two pictures of divine agency, noncompetitive and interactive, is a deep problem for Christian theology.
The problems of euthanasia and assisted suicide point us to deeper spiritual questions: questions of human identity, agency, control, finitude, and humility before the aspects of reality that truly transcend human existence.
Sources of literature and guidance include local Councils on Alcoholism, the National Council on Alcoholism, and denominational social problems agencies.
Tried to promote consideration of alcoholism as a public health problem with local council of social agencies and state council of social welfare.
Agencies of social concern in the Churches were attacked as exceeding their authority in publishing statements on such problems as race relations or economic inequality.
And, indeed, few would deny that, as so many of our problems become global in scope, increased power in the hands of global agencies is essential.
It was not a new organic Church but a council or agency of co-operating Churches uniting on a common profession of Jesus Christ as divine Lord and Saviour, in order to carry on co-operative activities and discussions in such things as home missions problems, Christian education, foreign missions, and other activities.
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