Mr Liveris has also reduced Dow's debt and adopted an “asset light ” strategy based on joint ventures, most recently with Libya's National Oil Corporation.

利伟诚也削减了陶氏化工的债务，采取一种以合资业务为核心的“轻资产”战略，近期主要是同利比亚的国家石油总公司进行合作。

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He therefore sees the rationale for separating ownership and management, since asset-light firms, having more variable costs, have more scope for efficiency gains.

他认为将酒店的运营管理和拥有权分离有其合理依据，因为在轻资产模式下，企业的运营成本更具弹性，因此也有更多的空间来提高效率，增加收益。

youdao

Institutional investors are keen again on bank loan participations, covenant-light corporate debt, exotic asset-backed securities, and all manner of commercial real estate.

机构投资者再度热衷于银行参与贷款、盟约亮点公司债券、具有国外背景的资产担保证券(asset - backed security)以及各种形式的商业房地产。

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The idea was for Shell to keep growing in an asset-light manner, outsourcing much of the drilling to oilfield contractors like Schlumberger.

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"It was an asset-light model that gave us a lot of flexibility, " says Gautam Watve, Renuka's head of strategy and planning.

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Liveris' "asset-light" strategy--conjured two years ago in an effort to reposition Dow for more consistent earnings growth--is beginning to look like a brilliant move.

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