Nov 12, 2021 00:54
2 yrs ago
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English term
residual claimant
GBK
English to Czech
Bus/Financial
Economics
Definition from
Economic Times:
According to the residual claimant theory, after all factors of production/service have received their remuneration, the person/agent supposed to receive the left/residual amount is known as the residual claimant.
Example sentences:
And indeed, a review of the history and development of residual claimant theory shows that the residual claimant theory originally contemplated a broad array of stakeholders being the residual claimants of corporations. Depending on which of the theories of rent, interest, wages, or profit was adopted, each of landlord, capitalist, laborer, and entrepreneur have been considered to be the residual claimants of the corporation over time. (SSRN)
When given the chance to choose a less or more risky distribution over which to bargain, residual claimants tend to choose the more risky distribution only when there is the possibility of an equal-split ex-post. (IDEAS )
There are certain criticisms against the residual claimant theory. The theory fails to explain the role of trade unions in increasing the wages of an employee. Moreover, Walker did not explain the impact of supply of labor on wages. (EconomicsDiscussion.net!)
Change log
Nov 11, 2021 13:05: changed "Kudoz queue" from "In queue" to "Public"
Nov 12, 2021 00:54: changed "Stage" from "Preparation" to "Submission"
Nov 15, 2021 01:58: changed "Stage" from "Submission" to "Selection"
Nov 22, 2021 01:56:
Dec 12, 2021 01:55:
Jan 11, 2022 01:55: