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In America they pay their congressmen and women properly and ban them from excessive external earnings, in Britain our parliamentarians can earn ten times their salary from external sources and no-one bats an eyelid (but claim for a duck pond and you're in trouble).
As his employer, Cranfield received a proportion of his external earnings as battlefield guide, author and television presenter.
"Effectively, at this time we were in a weak position in terms of external earnings," he said.
This paper reports on an experiment designed to provide evidence on whether external earnings targets, such as those imposed by analysts, influence managers' judgments about (and the related accuracy of) the value of assets/liabilities reported in the financial statements.
This suggests that the earnings targets affected managers' judgment about amounts to be reported in the financial statements, and led to sub-conscious biases that produced results causing managers' estimates to be erroneously correlated with external earnings targets.
Weak commodity prices may put pressure on Australia's foreign currency earnings, Moody's said, adding that more than three-quarters of the country's external earnings were derived from the export of farm commodities and minerals.
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It's very hard to grow earnings where external growth is very hard to come by".
This was facilitated during the mid-seventies to mid-eighties by growth in external loans, foreign exchange earnings and availability of capital at low interest rates.
Lisa Schineller of S&P says that Brazil's net external debt is 330% of annual export earnings, the highest of the countries that her agency rates.
The state uses 40percentt of its export earnings to pay its external debt.
It also signals a crackdown on extracurricular earnings from roles on external boards, warning that vice-chancellors are unlikely to be able to retain significant sums in future, and any they do should be disclosed and justified.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com