"In the last quarter century or so, a 'soft path' to energy reliability — one built on conservation, innovation and mutual incentives for buyers and sellers alike — has replaced the brute strategy of building all the generation plants needed to power all of the state all of the time".
In the last quarter century or so, a "soft path" to energy reliability — one built on conservation, innovation and mutual incentives for buyers and sellers alike — has replaced the brute strategy of building all the generation plants needed to power all of the state all of the time.
The absence of external shareholders means there are no conflicts of interest between the claims of consumers and owners, leaving mutuals no incentive to exploit their customers for short-term gain.
We argue that this unique form of exit almost completely eliminates mutual fund investors' incentives to use voting, boards, and fee liability.
Hedge funds distinguish themselves from mutual funds by charging incentive or performance fees on top of management fees.
The S.E.C. has said soft-dollar payments can give a mutual fund manager an incentive to increase costs by paying much more than necessary for trading, just to get research or other benefits offered by a broker.
(Another incentive for mutual coöperation has also been personal enrichment; ever since the days of the post-invasion U.S.-run Coalition Provisional Authority, in which billions of dollars in cash were handed out to Iraqi proxies and, in some cases, went "missing," official corruption has been systemic.
Sanctions, bold leadership in Tehran and Washington, and the recognition by the negotiators that a lasting agreement needed to be based on the rights and obligations in the non-proliferation treaty and above all on the incentive of mutual interest, all contributed to the success in Vienna.
One thing going for the investor in a mutual fund with an incentive fee: Under federal law, the fee must be symmetric.
It is time to ensure the right incentives and mutual accountability to unlock greater progress towards sustainable development.
The investigations stem from a failure by brokers to pass on to clients discounts offered by mutual fund managers as incentives to clients purchasing large amounts.
