保护客户资料的能力是(公司)市场价值的关键，而市场价值则正是代表股东管理公司的管理层的责任所在。

"The ability to guard customer data is the key to market value, which the board is responsible for on behalf of shareholders".

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为了获取公司形式多样的公众所有权所带来的利益，股东们必须对管理层或经理人转移责任。

To get the benefits of diversified public ownership of firms, shareholders must delegate responsibility to managers, or agents.

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其中约有40%对冲基金的干预不怀好意，对此那些负责任的公司管理层采取了抵制措施。

Around 40% of their interventions were hostile, resisted by the incumbent company management.

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