Four way equivalence model and Stewardship: Difference between pages

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A model that proposes a number of related conceptual linkages between differences in:
1.  ''Company law - directors.''


(i) Interest rates;
The fundamental fiduciary duty of company directors, to safeguard and administer the property belonging to a company, on behalf of its shareholders.


(ii) Spot and forward foreign exchange rates;


(iii) Expected inflation rates; and
2. ''Trustees - other contexts.''


(iv) The expected change in spot foreign exchange rates. 
Similar duties of trustees and other fiduciaries, in relation to those on whose behalf they are acting.
 
 
The related individual linking theories are:
 
#Interest rate parity theory - linking interest rates & spot and forward foreign exchange rates.
#The Fisher Effect - linking interest rates with expected inflation rates.
#Expectations theory - forward foreign exchange rates and future out-turn spot foreign exchange rates.
#The International Fisher Effect - interest rate differentials and expected change in spot foreign exchange rates.
#Purchasing power parity theory - inflation rate differentials and expected change in spot foreign exchange rates.




== See also ==
== See also ==
* [[Carry trade]]
* [[Accountability]]
* [[Equivalence]]
* [[Accounting records]]
* [[Expectations theory]]
* [[Audit trail]]
* [[Fisher Effect]]
* [[Director]]
* [[Interest rate parity]]
* [[Fiduciary duty]]
* [[International Fisher Effect]]
* [[Prosperity through Stewardship]]
* [[Model]]
* [[Shareholder]]
* [[Purchasing power parity]]
* [[Variance analysis]]
* [[Trustees]]
* [[UK Stewardship Code]]


[[Category:Knowledge_and_information_management]]
[[Category:Compliance_and_audit]]
[[Category:Corporate_finance]]
[[Category:Identify_and_assess_risks]]

Revision as of 08:41, 9 May 2022

1. Company law - directors.

The fundamental fiduciary duty of company directors, to safeguard and administer the property belonging to a company, on behalf of its shareholders.


2. Trustees - other contexts.

Similar duties of trustees and other fiduciaries, in relation to those on whose behalf they are acting.


See also

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