appreciation return
... 增值 appreciation 增值报酬 appreciation return 套利 arbitrage ...
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其次，这个目标是错误的：股东付给管理者报酬不是为了公司变得更大，而是要使它增值。
And second, it was wrongheaded: Shareholders pay managers to make their company not bigger but more valuable.
youdao
这个观点是错误的，因为股东付给管理者报酬是要使公司增值。
It was wrongheaded because shareholders pay managers to make their company more valuable.
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