To expropriate more private benefit, they always separate control from cash flow rights by cross - ownership and stock pyramids.

而且为最大化获取的私人收益，他们往往通过金字塔结构等分离现金流所有权和控制权的形式对公司实施控制。

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Based on the issue of ultimate ownership, this paper retraces the control-chain of listed companies, it shows that most listed companies do not separate the control rights from the cash flow rights.

本文基于最终产权的观点，追溯我国上市公司的控制链，研究发现我国大多数的上市公司的投票权和现金流量权并没有发生分离。

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In concentrated ownership structure, the control right held by controlling holders of listed companies may exceed their cash flow right, which leads to the deviation of the two rights.

在集中的股权结构下，上市公司控股股东享有的控制权可能超过其持有的现金流权，造成控制权和现金流权的“两权分离”。

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By all rights, the company's future is hazy--especially if its cash-flow problems continue and it can't boost its marketing efforts and ignite sales.

FORBES: Magazine Article

They hope to restructure some of the debt and rationalize the drilling to create a self-sustaining company where operating cash flow is sufficient to run 20-25 rigs full time in the Mississippian where SandRidge has drilling rights on over 2 million acres.

FORBES: Tom Ward Of SandRidge Energy: Another CEO That's Got To Go