Natural cash dividend policy is just approach to gain public income by larger shareholder, but not to reduce the private benefit of larger shareholder. Natural cash dividend policy also do…

正常现金股利发放只是大股东获取公共收益的一种手段，不能缓解大小股东之间的利益冲突，降低大股东的私有收益。

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Thus the mean old joke that the best thing about Belgium is the ease of travelling elsewhere has been reversed, to the benefit of Belgian private Banks.

有个关于比利时人低劣陈旧的笑话，说比利时人最好的优点在于轻易地远走他乡，但针对比利时私人银行而言，情况恰好倒过来，这从而对比利时的私人银行有益。

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And, because of tax breaks on interest payments (from which all companies, private or public, benefit), the growth of debt finance erodes the tax base.

而且，因为破产税在于股份收益，债务金融的增长正在腐蚀税收系统的基本。

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In his opinion,the only real benefit for a private company is lower administrative and record-keeping costs.

VOA: special.2011.01.07

Prior to embarking on these projects, Mr. Gingrich had been involved with another organization that had direct experience with the private benefit prohibition in the political context.

CNN: AllPolitics - Ethics Transcript

In his opinion once it was determined that activity was, in fact, educational as defined by the IRS and did not have the effect of benefiting a private interest, it did not violate the private benefit doctrine as we described.

CNN: AllPolitics - Ethics Transcript

He was further of the opinion that an organization does not violate the private benefit prohibition or political campaign prohibition through close association or support of a political action committee, unless the organization calls for the election or defeat of an identifiable political candidate.

CNN: AllPolitics - Ethics Transcript