This paper discusses the problem of optimizing combined incentives of manager's reward on equity and non-equity.

对经理股权报酬和非股权报酬的优化组合激励问题进行了探讨。

youdao

Non-equity funding has to come from personal sources, or government grants, or bank loans.

非股权资金必须来自个人来源，政府拨款或银行贷款。

youdao

But their average return on equity was less than 8.2%, whereas that of larger non-state industrial enterprises was 12.9%.

但其平均净资产回报率还不到8.2%，而大型非国有工业企业的平均净资产回报率是12.9%。

youdao

Now, a hierarchy of equity partners, non-equity partners, counsel, associates and contract attorney exists.

FORBES: BigLaw Women's Initiatives | Subvert the System

Finally, while I focus almost solely on stocks, I cannot help but notice the behavior of two non-equity assets.

FORBES: Is A Double Dip Recession In The Cards?

First, 30% of all non-equity capital entering Chile must be deposited without interest at the central bank for one year.

ECONOMIST: Can capital controls stop poor countries crashing?