Since the 1980’s, “shareholder value” has increasingly become the focus of corporate governance. Managers and board members often receive stock-based compensation, which gives them equity ownership rights and, in turn, creates a powerful incentive to maximize the market value of their companies’ shares.
自1980年代以来，“股东价值”日益成为公司治理的重点。管理层和董事会成员常常获得股权补偿，这不但使他们获得了权益，反过来又创造了一个使公司股票市场价值最大化的强大诱因。