关键词是效率、灵活性、股东价值、商业友好、创造财富、销售、影响力，以及报纸的发行量。
The words that have mattered are efficiency, flexibility, shareholder value, business-friendly, wealth generation, sales, impact and, in newspapers, circulation.
股东价值运动开始因为利润而奖赏管理者。
The shareholder-value movement started to reward managers for profits.
改善股东价值，因为资讯系统以商业资产来管理。
Improved shareholder value because IT systems are managed as business assets.
到2008年，花旗集团的股东价值几乎完全蒸发。
By 2008, almost all the shareholder value in Citigroup had been destroyed.
第三部分主要论述股东价值的实现问题。
Part three discusses mainly the problems of the realization of shareholder's value.
公司价值最大化应该是股东价值最大化。
The maximization of company value should be the maximization of shareholder value.
举一些涉及品牌营销、执行能力和股东价值创造等方面的案例。
Some of the examples may include brand marketing, execution capability, creation of shareholders? Value, etc.
请参阅第11章，获得更多应用股东价值分析的详细指南。
See Chapter 11 for a more detailed guide to applying sva techniques.
所谓股东价值是指企业股东所拥有的普通股权益的价值。
So shareholder's value means the ordinary shares' value owned by the shareholders.
苏伊士运河东边有一块现代主义股东价值永远无法征服的大陆。
East of Suez lies a continent that the modern doctrine of shareholder value never conquered.
我国国有商业银行战略转型的目标就是要实现股东价值的最大化。
Thus strategic transformation, which is aimed at maximizing the value of shareholders, is in order.
银行如何通过经营业务来维持客户关系、增强运营绩效及增加股东价值。
How Banks manage their business so as to maintain customer relationships, improve operational efficiency and add shareholder value.
因此，他们会按“股东价值”来给自己发放薪水，这对于公司股票价格的增加是很异样的。
They thus allow themselves to be paid accordingly to "shareholder value", which is a fancy term for increases in the price of a company's stock.
因此，他们会按“股东价值”来给自己发放薪水，这对于公司股票价格的增加是很异样的。
They thus allow themselves to be paid accordingly to “shareholder value”, which is a fancy term for increases in the price of a company’s stock.
基于股东价值视角，EVA管理体系引起了国内外理论界和实务界的广泛关注。
Based on shareholder's value, EVA system has caused extensive concern of the domestic and international theory and practice circle.
传统公司理论认为公司的唯一目标是赢利，股东价值最大化是公司的追求目标。
The traditional corporate theory holds that corporations regard profit as the sole target and thus they concentrate on profit maximization for stock-holders.
合并的初衷是为了增加合并后公司的股东价值，但是这种情况并不是总是发生的。
The idea is to increase the value of the combined company for shareholders. But that does not always happen.
然而，他们却将其视为经理层关注“股东价值”并推高每股收益的证据，而忽视其短暂的事实。
Instead, they saw it as evidence that the managers were focusing on "shareholder value" and boosting earnings per share, however ephemeral that might have been.
他们还不断评价客户关系的动态和运动性能，以优化客户资产和股东价值的驱动器。
They also continuously evaluate customer relationship dynamics and campaign performance to optimize customer equity and drive shareholder value.
这一新的报价是被誉为“环球市场上一个更好的选择：增长、竞争和股东价值”（PDF格式）。
The new offer was billed as “A Superior Alternative for Global Markets: Growth, Competition and Stockholder Value” (PDF).
卡夫最近宣布计划将其北美食品杂货业务和全球零食业务分拆为两家公司，希望借此来释放股东价值。
Kraft recently announced plans to split its North American grocery and global snacks businesses into two companies, in the hope of unlocking shareholder value.
虽然PAI的目标是实现股东价值最大化，但农民们更关心的是要有一家能够与之合作的伙伴。
While PAI's aim is to maximise value for its shareholders, the farmers are more interested in a partner they can work with.
计算股东价值收益率的数学模型主要有：总价值收益率、个别股东价值收益率、年价值收益率。
The major mathematical models used to calculate shareholder value return are total value yield, specific shareholder value yield and annual value yield.
不能承担风险或者规避风险，尽管风险是在该组织的风险偏好范围内，将导致业绩差和不能使股东价值最大化。
A failure to take risk or avoiding risk even though it would be within the organization's assumed risk appetite will lead to underperformance and a failure to optimize stakeholder value.
换句话说，问题并不在于对股东价值的强调，而在于使用公司股价的短期上升作为反映股东价值的指标。
In other words, the problem is not the emphasis on shareholder value, but the use of short-term increases in a firm's share price as a proxy for it.
换句话说，问题并不在于对股东价值的强调，而在于使用公司股价的短期上升作为反映股东价值的指标。
In other words, the problem is not the emphasis on shareholder value, but the use of short-term increases in a firm's share price as a proxy for it.
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