Dialogues
Dialogue 1
A: How often are stockholders meetings held? A: 股東大會多長時間開一次?
B: Stockholders meetings are held biannually. Usually the meetings are scheduled for spring and fall. In between the meetings, each stockholder receives biannual reports. Financial statements are made once a year.
B: 股東大會每半年召開一次。會議通常定在春秋兩季。兩會之間,每位股東都會收到每年兩次的總結報告。財務報告是一年一次。
A: What percentage of the stockholders actually attend the meetings? I'm guessing not a large percentage...
A: 實際參加會議的股東占多大比例? 我想不會太大……
B: You're right, it's a low percentage. Also, in order to attend meetings, you have to hold a certain amount of shares. It's quite a large number, so most of the stockholders are excluded from proceedings.
B: 你說的沒錯,比例很小。而且要想?yún)⒓訒h,你必須持有一定數(shù)量的股份。這可不是小數(shù)目,所以大多數(shù)股東都不能被列入會議記錄。
A: So, how much say do the stockholders really have?
A: 那股東的發(fā)言權究竟有多大?
B: Unless, they're united, very little...
B: 除非他們團結一致,否則權利很小……
Dialogue 2
A: At their last meeting, the stockholders voted unanimously to block the merger of our company with Blycore. All the executive committee was in favor of the merger... I don't understand how the stockholders could have so much power to throw a wrench in the plans...
A: 上次會議,股東一致投票阻撓我們公司與布萊考公司合并。但所有的執(zhí)行委員會成員都贊成合并。我不明白股東怎么會有那么大的權利阻礙計劃的實施……
B: If they all unite on a certain issue, it's the stockholders who have the final say. You'd think it might be our CEO or the workers, but in fact, the stockholders control the money so they have the most power.
B: 如果他們在某一問題上團結一致,那股東就有最終的決定權。你會認為有決定權的可能是我們的執(zhí)行總裁或工人,可事實是股東控制著錢,所以他們的權利最大。
A: Is it really that simple? It doesn't seem very efficient to run things that way.
A: 真的就那么簡單嗎? 好像這樣管理效率不會很高……
B: It might not be the most efficient, but if you think about it, it makes pretty good sense. The stockholders are our investors. They own the capital in our company, so they should have say about what is done with the company.
B: 這也許不是最有效的辦法,但是仔細想想,也很有道理。畢竟股東是我們的投資方,他們擁有公司的資本,所以他們應該對公司的決策有發(fā)言權。
A: I guess I'd buy that....
A: 我看我得承認是這么回事……