• The idea, of course, is that we have a legal entity--a corporation-- that issues shares that are either given to people or purchased by people and the idea is that shares represent contributions.

    最初的做法是,一个法人实体即公司,发行股票,然后发放或卖人们,理念就是,股票象征着贡献

    耶鲁公开课 - 金融市场课程节选

  • Now, I don't know how far back it goes but it must be that in ancient times some people would say, all right you're going to be doing more work or you're contributing more to this enterprise, we'll give you a bigger share of the profits.

    我不知道这能追溯到什么时候,但在古时候肯定有人说,好吧,你比别人干得多,你对公司的贡献更大,我们会把收入的大头

    耶鲁公开课 - 金融市场课程节选

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