心中的杀手在线播放:哪位大侠帮忙翻译一下这段文章,谢谢!

来源:百度文库 编辑:中科新闻网 时间:2024/04/29 04:11:40
We report that ownership structure significantly affects the likelihood of a change in top executive. Controlling for stock price performance, the probability of top executive turnover is negatively related to the ownership stake of officers and directors and positively related to the presence of an outside blockholder. In addition, the likelihood of a change in top executive is significantly less sensitive to stock price performance in firms with higher managerial ownership. Finally, we document an unusually high rate of corporate control activity in the twelve months preceding top executive turnover. We conclude that ownership structure has an important influence on internal monitoring efforts and that this influence stems in part from the effect of ownership structure on external control threats.

我们报告, 归属结构极大影响一个变化的可能在高级主管上。控制为股票价格表现, 高级主管转交的可能性消极地与官员和主任有关归属铁砧和正面地与外部blockholder 的出现有关。另外, 一个变化的可能在高级主管上对股票价格表现是显着较不敏感的在企业中以更高的管理归属。终于, 我们提供公司控制活动的一种异常地高速率在十二个月在先的高级主管转交。我们认为, 归属结构有对内部监视努力的重要影响并且, 这影响抽去一部分从归属结构的作用在外在控制威胁。

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