External Benefit

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External Benefit

The benefit of a transaction to parties who do not directly participate in it. Externality can be either positive or negative. For example, a merger can lead to higher share prices and bonuses for employees, benefiting shareholders and employees at the two companies merging. This can create wealth and positively impact a community. A transaction may have both external benefits and external costs: a transaction may result in a factory opening in one city and one closing in another. An external benefit is also called positive externality. See also: Externality.
References in periodicals archive ?
The emergence of IR as the dominant form of corporate reporting in South Africa has produced a significant number of internal and external benefits for the companies that have adopted it.
Italy and other "Club Med" countries can expect both domestic and external benefits from Macron's election.
Similarly and symmetrically, social benefits are the sum of private benefits to individuals and of any external benefits generated for third parties.
This particular issue focuses on how EAPs can collaborate with other departments as well as external benefits providers to help employees get back to work sooner and more effectively after being out on a health-related disability insurance claim.
Other programs have indirect benefits for government -- economic, social, or environmental -- but direct benefits for citizens and businesses in terms of reduced transactional costs and time saved, or in external benefits such as better quality of life.
To what extent do clean energy technologies exhibit stronger external benefits than other innovating technologies, and to what extent do popular clean technology policies bring forth those benefits?
Moreover, aside from realising the direct benefits, there are also external benefits.
In particular, surplus countries should commit toward channeling those surpluses toward pro-growth policies, generating internal and external benefits.
When executed as a business strategy, it brings substantial internal and external benefits.
As the authors note, "hospital charges are just one of potentially many measurable benefits of reductions in low birth weight, and so these estimates are lower bounds" on the external benefits of the EITC.
In a hard-hitting response published on a left-wing website, he added: "These sorts of ideologues have no appreciation of the important external benefits that a modern highspeed national rail network would bring for jobs and regeneration.
Let us hope the same kind of financial discipline can be applied during their stay in the Premier League What are the external benefits to the economy of Swansea's elevation?

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