Systems theory

Definition:

A method of describing a complex structure introduced by Ludwig von Bertalanffy in the 1940s that relates the interaction of individual components of the structure to the functioning of the structure as a whole.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Annual report

Yearly record of a publicly held company's financial condition. It includes a description of the firm's operations, as well as balance sheet, income statement, and cash flow statement information.... Read More

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