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Plan C would be farther down the spectrum away from tangible, pecuniary benefits.
To many aspiring managers it seems an exciting task that is rewarding in itself, far beyond the pecuniary benefits.
The price of output is a crucial determinant of this choice, since it affects the size of the pecuniary benefits.
Family-controlled firms trade at a discount because of the misallocation of control rights to heirs who make inefficient decisions, not because of extraction of pecuniary benefits.
A copyright supplies the holder with a limited monopoly over the created material that assures him of both control over its use and a portion of the pecuniary benefits derived from it.
In our model, managers decide whether or not to integrate their firms, trading off the pecuniary benefits of coordinating production decisions with the private benefits of operating in their preferred ways.
Similar(48)
The moment there is a pecuniary benefit or a secretarial support benefit for a member's other activities, I regard that as unacceptable".
It would also require that lawmakers certify that they are not adding a spending item intended only to provide a "pecuniary" benefit to themselves or their family.
To prove Mr. Gupta committed securities fraud, the government must show that there was a quid pro quo arrangement between the two men in which Mr. Gupta realized some personal or pecuniary benefit.
Since a good deal of what follows consists of excerpts from the journal of a Carson-watcher, I feel bound to declare a financial interest, and to admit that I have derived pecuniary benefit from his activities.
(3) "Other consideration" consists of financial concessions, including but not limited to the transfer of assets or the provision of tangible pecuniary benefit, as well as non-financial concessions that confer any type of benefit on the recipient.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com