Each agent is going to choose her effort level to put into this firm.
每个股东都要选择为公司投入多少精力
You might say, why should a company exist for the shareholders?
你可能问,公司为何要为股东存在呢
We're going to send a letter to all our shareholders and say, we have decided to pay a $5 dividend and so you're about to approve this at the meeting.
我们将给所有的股东寄出一封信,写着,公司决定发放每股5美元的股利,所以你们在股东大会上要通过这个提议
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