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After all, Grange said, the very notion of 50-50 sounds like a partnership, a fair and even division of profits.
The division of profits made by family firms between those in their first, second and third or older generations has stayed pretty constant.
Instead of the traditional 50-50 divisiof of profits, Mattei negotiated new arrangements in which the host country received 50 percent of the partnership's profits and then had the option of joining in the production costs and taking half of the remaining 50 percent.
Oil has also brought its share of pitfalls for the fledgling democracy, fostering corruption and patronage, and aggravating tensions with the Kurdish minority in the north over the division of profits, a festering issue that could end up fracturing the country.
Whether Fox's lawsuit will result in the film's shelving (or, more likely, a division of profits between the studios) remains to be seen but there are favourable precedents: Spider-Man, for instance, was tangled up in conflicting claims for years but eventually worked out nicely for all involved.
The contracts may differ on the basis of division of profits resulting in contracts that may not be individually rational.
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It makes the whole industry less effective without dealing with the structural issues that lie behind a skewed division of profit.
President Bush set enactment of a national oil law that centralizes development and ensures an equitable division of the profits as a key benchmark of progress.
On May 11, they oversaw the signing of harvest accords and the division of wheat profits among the region's frequently warring factions of Arabs, Kurds, Turkmen and Assyrians.
To see this, assume that the division of gross profits q j (1−α j ) is mediated by the parameter β j (a measure of the relative bargaining power of workers and employers) in a way that w j =q j (1−α j )β j.
With operating margins of 25%, wines and spirits earned $184 million during the first half of this year; fashion and leather's 38% margin led the division to profits of $470 million.
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