These authors focus primarily on differences in the legal systems and strength of legal enforcement across different countries, although their intuition and model is motivated at the firm level.

尽管他们的直觉和模型都来自于企业层面，这些作者首先关注的是国家之间法律系统和执法力度上的差别。

youdao

These findings are consistent with previous empirical studies based on firm-level data, and call for further theoretical explanations.

这些发现与先前的基于企业层面数据的实证研究相一致，需要更进一步的理论解释。

youdao

Thus, as we review in greater detail in the next section, firm-level and industry-level studies do not provide an empirical foundation for subsidizing SMEs.

因此，当我们在下一节更详细地进行分析的时候，公司级和行业级的研究都没有为给中小企进行补贴提供以经验为根据的基础。

youdao

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

耶鲁公开课 - 博弈论课程节选

So let me rephrase, are these people, are these pair of partners in the firm, or two students working on their homework assignments, are they working more or less than an efficient level?

让我换个表达方式吧,这些企业合伙人,或者两个共同协作做作业的同学,他们是否实现了最优效率了呢

耶鲁公开课 - 博弈论课程节选

One might imagine also conducting formal stress tests, not at the firm level as occurs now, but for a range of firms and markets simultaneously.

FORBES: Transcript

Developing strategic thinking skills simply makes a CMO more valuable in firm-level and board-level discussions.

FORBES: CMOs: Are You A Next Generation Marketer?

Slaughter has found a statistically significant relationship between declining unionization and increasing foreign investment across industries in the U.S. Firm-level analysis by Bruce Fallick of the Federal Reserve Board and our colleague Kevin Hassett also finds a negative relationship between unionization and investment.

FORBES: How To Lure Foreign Investment To The U.S.