In one sense, we should be grateful for our hard-working M&amp;A technicians, well-paid as they are: it is important that businesses with lousy managements or that operate inefficiently be under pressure from those who may do better, and can raise the money to attempt to do so. We cannot rely on shareholder democracy as our only system of corporate control.
从某种意义上讲，我们应该对这些努力工作的并购技师们心存感激，虽然他们收入不菲：管理不善或经营低效的公司从更有实力并有能力获得融资的公司那里受到压力是非常重要的。我们不能将股东民主作为唯一的公司控制系统。