| 1. | First , predation is a constant of history , yet never before did it lead to self sustaining growth anywhere
首先，掠夺行为自古有之，而此前在任何地方都没有带来经济的持续增长。 |
| 2. | Despite repeated council meetings since then and determined efforts by some toronto politicians to have the wage increase reconsidered , the offending cash grab remains official policy
尽管此后再三召开市政会议，并且一些多伦多政客努力促使重新审议加薪议案，但这种可恶的金钱掠夺行为仍然是目前的官方政策。 |
| 3. | They are better nourished , enjoy better health , are better educated , and on the whole face more favorable economic prospects . but there is also widespread deprivation and despair
他们吃得更有营养，身体更健康，受的教育更高，而且从整体上说，他们面对的经济前景更加有利。然而，掠夺行为和绝望心态依然普遍存在。 |
| 4. | We have appealed to their native justice and magnanimity , and we have conjured them by the ties of our common kindred to disavow these usurpations , which , would inevitably interrupt our connections and correspondence
我们曾经向他们天生的正义感和雅量呼吁，我们恳求他们念在同种同宗的份上，弃绝这些掠夺行为，以免影响彼此的关系和往来。 |
| 5. | We have appealed to their native justice and magnanimity , and we have conjured them by the ties of our common kindred to disavow these usurpation , which would inevitably interrupt our connections and correspondence
我们曾恳求他们天生的正义感和雅量，念在同种同宗的分上，弃绝这些掠夺行为，因为这些掠夺行为难免会使我们之间的关系和来往中断。 |
| 6. | We have appealed to their native justice and magnanimity , and we have conjured them by the ties of our common kindred . to disavow these usurpations , which would inevitably interrupt our connections and correspondence
我们曾恳求他们天生的正义感和雅量，念在同种同宗的份上；弃绝这些掠夺行为，因为这些掠夺行为难免会使我们之间的关系和来往中断。 |
| 7. | The expropriation influences the choice of financing pattern , leads to high concentration of ownership , impairs rights and interests of small shareholders and affects the efficiency of corporate governance , thus dwindles the value of corporation
掠夺行为影响了公司对融资模式的选择，促使股权高度集中，损害了小股东利益，影响到公司治理的有效性，进而造成公司价值降低。 |
| 8. | For the aspect of ownership structure , increase the proportion of outstanding issues , limit dominant shareholder ’ s dealings ; meanwhile , form a level of ownership concentration to lower down the agency cost and improve operating effectiveness
在股权治理方面，要逐步提高流通股比例；要限制大股东的掠夺行为，形成相对的股权制衡局面；要形成一定程度的股权集中，降低代理成本，提高经营效率。 |
| 9. | Here , theoretical analysis is applied to the motivation , governance role and potential expropriation by the controlling family as majority shareholder ; a dynamic model is employed to discuss how the evolution of the family business is influenced by the dra wbacks of the capital market ; several corollaries are concluded based on theoretical models as regards the relation of family business with the capital market
我们从理论上分析了控制权家族作为上市公司大股东存在的动因、治理作用以及掠夺行为的可能性；用一个动态模型分析了资本市场的缺陷如何影响家族企业的演进途径；根据模型得出若干关于资本市场和家族企业关系的推论。 |
