The stockholders agreed to let their company keep back a part of its profits for reserve funds. 股东们同意让公司扣留一部分利润作为公积金。
But if the managers" stockholding ratio is more than or equal to 32.88%, the increasement of the managers" stockholding may raise the agent costs and entrench upon external stockholders. 而如果管理层持股比率大于32.88%,这时增加管理层持股比率会增加公司的代理成本,导致管理层对外部股东的利益侵占。
A shareholder or stockholder is an individual or institution (including a corporation) that legally owns a share of stock in a public or private corporation.
Shareholders are the owners of a limited company. They buy shares which represent part ownership of a company.