这种有限合伙制的治理结构由于规定了报酬结构、声誉机制和直接限制条款等特殊治理机制，使得其相比其他治理结构具有明显的结构性效率。

The limited partnership is superior for its structural efficiency as it regulates payoff structure, reputation mechanism, terms of direct restriction and other special governance mechanism.

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先发制人，建立正面声誉。

Preemptive establish a positive reputation.

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