Examlex
If a company has a written code of ethics and provides clear instructions to employees,two-way communication is unimportant in maintaining ethical standards.
Perpetual Cash Flow
Cash flow that continues indefinitely, often used in valuation models for companies or investments with steady income streams.
Listed Beta
A measure of a stock's volatility in relation to the overall market, calculated and reported by financial exchanges or services.
True Beta
A measure of a stock's volatility in relation to the market, adjusted for its unique characteristics and the market environment.
Mutual-fund Theorem
A principle in finance that suggests diversifying investments across a broad range of assets to reduce risk without sacrificing return, associated with the modern portfolio theory.
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