接管壁垒是治理结构的一个重要环节，它在维护企业家职位稳定性的同时，可以防止和减少低效率更替的发生。
Takeover defense is a very important segment of corporate governance, which can maintain the stability of managerial career and reduce the inefficiency turnover.
公司治理就是选择恰当契约安排来实现剩余索取权与控制权的对应，以确保企业的决策效率。
Corporate governance is to choose proper contract arrangement to insure that claim to firm's residue is in proportion to rights of control.
IT治理旨在提高效率及企业响应。
IT governance is designed to improve efficiency and business responsiveness.
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