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The protection of this idiosyncratic vision more than compensates for an expected increase in agent conflict costs.
Critically, we observe that enlisting courts in an effort to reduce these control costs will itself impose both competence costs and conflict costs spawned by the adjudication process.
The exercise of corporate control rights generates control costs–––which include competence and conflict costs–––for both the principal ("principal costs") and the agent ("agent costs").
This method shelters a nation's taxpayers from the initial totality of conflict costs.
CPP Inc., in their Global Human Capital Report from July 2008, revealed that conflict costs employers millions of dollars every year.
The World Bank estimates that organized crime cost Guatemala 7% of GDP in 2005 and large-scale civil conflict costs the average developing country 30 years of GDP growth.
Similar(51)
Racial conflict cost him that job, too.
The conflict cost the lives of 18 Serbian policemen, six soldiers and ten civilians.
The conflict cost the lives of hundreds of thousands of Filipinos and about four thousand U.S. soldiers.
The conflict cost the lives of 58,000 Americans and 3.1 million Vietnamese on both sides.
The conflict cost about 850 lives and left 35,000 people – mostly ethnic Georgians – unable to return to their homes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com