A possible solution to the free-rider problem is to write a corporate charter that allows the raider, once he takes over the firm, to dilute the share value of the non-tendering shareholders.
解决该搭便车问题的可能性方案是进行股权稀释:在公司成立之初,编写相应的公司章程,允许收购者一旦接管该公司,有权稀释那些没有转让股权的股份。
Its share price has tumbled nearly 90 percent in value during the last year.
VOA: standard.2009.03.30
There's no way to share, there's no way to prepare these, no way to capture any value from the collective whole.
那就没有办法交流,没法做准备,没有办法从集体中获得价值。
Now, the critical thing to understand about a corporation is that in order to value a share in a corporation you absolutely have to know the number of shares outstanding.
理解这类公司的关键在于,要衡量一家公司股票的价值,你必须清楚总共发行的股票数量
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