Provisions
in sentence
649 examples of Provisions in a sentence
Although many of the treaty’s details are highly technical, involving the routing of telecommunications, various governments have submitted proposals to amend the treaty that include
provisions
aimed at facilitating government censorship of the Internet.
These
provisions
– as I argued when introducing amendments to them in the lower house of parliament (of which I am a member) – can easily be misused by the authorities in ways that infringe upon Indians’ constitutional rights.
But does that mean that international trade agreements should include
provisions
governing national policies that affect currency values?
Policies on migrants are becoming increasingly tough, especially in those countries that already had the most restrictive
provisions.
Portugal adopted more restrictive
provisions
in 2001, after Spain implemented a similar reform in 2000.
Other reforms concern the patents themselves, and include shortening patent terms, introducing use-it-or lose-it provisions, and instituting stricter criteria that limit patents to truly meaningful inventions.
Finally, looking to the future, adding a protocol to the Inter-American Democratic Charter has become necessary in order to expedite the compulsory enforcement of its
provisions
in emergency situations, particularly where the internationally recognized Responsibility to Protect comes into play.
For example, the bill’s
provisions
would permit the state to prosecute individuals who have downloaded a state secret from WikiLeaks.
This is likely to run afoul of anti-discrimination principles and constitutional
provisions
in countries like the United States.
Pricing Corporate GovernanceCAMBRIDGE – Do markets appreciate and correctly price the corporate-governance
provisions
of companies?
In new empirical research, Alma Cohen, Charles C.Y. Wang, and I show how stock markets have learned to price anti-takeover
provisions.
The strategy was based on the presence of “entrenching” governance provisions, such as a classified board or a poison pill, which insulate managements from the discipline of the market for corporate control.
During the 1990’s, holding shares of firms with no or few entrenching provisions, and shorting shares of firms with many such provisions, would have outperformed the market.
Even if anti-takeover
provisions
hurt firms’ performance, however, investors may be unable to make trading profits if prices come to reflect the effects of these publicly-known
provisions.
For example, the number of governance-related articles in US newspapers tripled from 2000 to 2002, and the number of governance-related resolutions brought to a vote by institutional investors (many focusing on anti-takeover provisions) more than doubled, with both figures remaining at elevated levels ever since.
It should be emphasized that, while trading on anti-takeover
provisions
could no longer be used to out-perform the market during the 2000’s, such
provisions
remain quite consequential for firms’ valuation.
Overall, our findings support the view that markets might be unable to price new governance
provisions
and practices accurately right away, but that they can be expected to learn over time to do so.
Both managements and investors should take market learning into account, paying close attention to the potential increase in market capitalization that eliminating anti-takeover
provisions
could produce.
Many firms have already eliminated anti-takeover
provisions
in recent years, removing staggered boards and supermajority requirements for mergers.
Furthermore, while markets now price anti-takeover provisions, our findings raise the possibility that markets do not (yet) price other governance features whose emergence is relatively more recent.
Thus, while investors can no longer profit by basing their trading decisions on standard anti-takeover provisions, our findings leave open the possibility that an investment strategy based on other features of corporate governance might be worthwhile.
In the United States employee ownership has been promoted by large tax subsidies and by exceptional
provisions
in pension laws.
Countries should set their own objectives to fit their particular circumstances and needs, but there must be some
provisions
to ensure that all are pulling their weight.
Other
provisions
include curbing the far-reaching powers granted to the President in the 1971 constitution and introducing direct presidential elections with multiple candidates.
Verification
provisions
for the Biological Weapons Convention are weak (merely reporting to the UN Security Council), and such taboos did not prevent the Soviet Union from continuing to possess and develop biological weapons in the 1970s.
Likewise, German legal scholars interpret the ECB’s activities as being incompatible with European treaty
provisions
that prohibit bailouts and monetary financing of the debt of eurozone members.
So, if the OMT scheme is not feasible under current treaty provisions, these
provisions
– which, after all, are of human, not divine, origin – must be amended.
The agreement would also have
provisions
for intellectual-property protection and what are dubbed the social and environmental issues.
The first choice is bound to imply elaborate measures designed to deliver “more of the same” – a strengthening of the Stability and Growth Pact, for example, with more
provisions
for economic policy surveillance and cooperation.
All treaty
provisions
have constitutional status; indeed, they can be changed only by unanimous agreement.
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