Watch the Q&A session here: https://youtu.be/gWJmpSO4WZI

Finance involves a group of people attempting to make rational decisions on valuation, but people are complicated. People can be self-interested, they can make mistakes, or, in stark contrast, they can act altruistically. This lecture will introduce the concept of agency problems in the finance sector, focusing on the conflicts that arise between different groups of stakeholders. It will discuss examples of fraud, insider trading and other types of human behavior that can reduce the public's trust in the markets.

This lecture was recorded by Raghavendra Rau on 21st October 2024 at Barnard's Inn Hall, London

Raghu is the Mercers School Memorial Professor of Business

He is also the Sir Evelyn de Rothschild Professor of Finance at Cambridge Judge Business School.

The transcript of the lecture is available from the Gresham College website: https://www.gresham.ac.uk/watch-now/hidden-conflicts-finance

Gresham College has offered free public lectures for over 400 years, thanks to the generosity of our supporters. There are currently over 2,500 lectures free to access. We believe that everyone should have the opportunity to learn from some of the greatest minds. To support Gresham's mission, please consider making a donation: https://www.gresham.ac.uk/get-involved/support-us/make-donation/donate-today

Website:  https://gresham.ac.uk
Twitter:  https://twitter.com/greshamcollege
Facebook: https://facebook.com/greshamcollege
Instagram: https://instagram.com/greshamcollege
Support Us: https://www.gresham.ac.uk/get-involved/support-us/make-donation/donate-today

Support the show