Suppose they have a written contract, or even an unwritten contract, what enforces the contract for colluding firms or crooks in jail?
假如他们签了一份书面协议,或干脆口头的,他们怎么强制履行呢
When you create a corporation, you write up a contract, which specifies the rules of the corporation; it's like a constitution for the corporation.
创建公司时,你会起草一份协议,其中规定了公司的条款,就像公司的宪法一样
I did consider this sort of noble work because I think companies should honor their agreements.
我的确认为这算是一种高尚的工作,因为我认为公司应该履行它们的协议。
In the Basel I there were Tier I capital requirements and they defined Tier I capital as capital in a certain form -it's stockholders equity plus preferred stock.
第一次巴塞尔协议提出了一级资本要求,他们将一级资本定义为,一种特定形式的资本金,就是股东权益加上优先股
When you sign on to a job on the board, you are signing on to a solemn responsibility and that responsibility is to treat all shareholders equally and fairly and make money for them.
如果你签订协议进入董事会,你就承担起一份庄严的责任,它就是,平等对待所有股东,努力为他们赚钱
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