Examlex
The higher the firm's flotation cost for new common equity,the more likely the firm is to use preferred stock,which has no flotation cost,and retained earnings,whose cost is the average return on the assets that are acquired.
Bargaining Team
A group of individuals, often comprised of union representatives or employees, designated to negotiate terms of employment, such as wages and conditions, with an employer.
Public Sector
The part of the economy that is controlled by the government, including various government departments and agencies.
Hierarchical
Relating to the classification or arrangement of individuals or entities based on rank, order, or authority within a structure.
Public Sector Bargaining
The negotiation process between government employers and unions representing public sector employees to settle terms of employment.
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