因此，是的，伯克希尔的公司治理问题已经说得很明白了，但投资者的问题是关于未来。

So yes, the governance issues at Berkshire are clearly spelled out, but the question for investors should be about the future.

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我们还注意到投资者更加信任维护高的治理标准的公司，其治理效果将直接通过更好的利润率反映出来。

It has also been noted that investors put more faith behind companies that maintain a high standard of governance, the effects of which are directly reflected through better profit margins.

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理论上讲，公司治理标准越高，公司估价就越高，因为在规则健全的市场上市，公司受规则约束，不会滥用投资者。

In theory, a higher standard of corporate-governance should result in a higher valuation, since listing in a well-regulated market shows a commitment from a company that it will not abuse investors.

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