Michael, Bryane; Falzon, Joseph; Shamdasani, Ajay - In: Journal of Modelling in Management 16 (2021) 1, pp. 377-412
Purpose: This paper aims to derive the conditions under which a financial services firm will want to hire a compliance services company and show how much money they should spend. Design/methodology/approach: This paper uses a mathematical model to show the intuition behind many of the...