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Corporate social responsibility has a basic for deeped legal theory,it involves the moral obligation and legal duty,the corporate is a commonalty which includes pursuing maximum benefits of shareholders and seeking the maximum benefits of men who relate to the corporate.

公司社会责任有其深厚的法理基础，它涉及公司的道德责任和法律责任，公司作为各种利益的聚焦体，它既要追求股东利益的最大化又要顾盼公司相关者的利益。

It compares the relationship between competitive tender offer of listed companies where controlling shareholders dominated and auction.

对控股股东主导下上市公司竞争性要约收购与拍卖之间的关系进行了研究。

Finally, it proposes the framework and content on how to use auction theory to study competitive tender offer where controlling shareholders dominated.

最后提出了控股股东主导下竞争性要约收购的研究框架和内容，为后面诸章节的论述打下基础。

First, it introduces basic theory of auction, and then starts comparison from the role of controlling shareholders, competitive tender offer with different motives and tender offer process with the corresponding parts of auctioneers, auctions with different kind of values and auction process.

首先介绍了拍卖的基本理论，随后从控股股东的角色、不同并购动因下的竞争性要约收购以及收购过程等角度分别与拍卖中的拍卖人、不同估值类型的拍卖以及拍卖过程等进行了比较，总结了二者的相似性。

Because companies are shareholders of origin by the technical leadership and resources in these three complementary product lines, combined with personal experience of each shareholder and its technology.

因为公司是由技术出身的股东领导，在这三个资源互补的产品系列中，结合了每个股东的个人经验及其技术。

"The complementary product and market fit of these two companies creates significant value for both companies' shareholders that neither company can accomplish on a stand-alone basis," Archibald said.

"的互补的产品和市场这两家公司创造了适合两家公司的股东，无论是在公司可以实现独立的基础上巨大的价值，"阿奇博尔德说。

The research of this thesis indicates that to debase the speculation and the swelling stock bubbles of Chinese stock market, the fundamentally measure is to complete the shareholders' voting rights.

本文的研究最终证明，中国股市非均衡状态的根本原因之一即在于投资者投票权的非完备性。

"We're focused on delivering value to shareholders as a stand-alone, pure-play confectioner," Cadbury said in a statement. However, we've always said we'd give proper consideration to any serious offer that delivers full value for the company.

吉百利在一份声明中表示：我们致力于以一个杰出的、纯粹的糖果制造商的身份为股东创造价值，但是，我们一直表示，对于任何反映公司整体价值的严肃的报价，我们将给予适当的考虑。

A corporation built on professionals could be a guaranty for success, permitting Posta Romana or other shareholders to provide guaranties, or even to convince a banks to finance without guaranties, as already happened with Orange, Telemobil or Connex.

建立在专家基础之上的企业是成功的保证，能够让Posta Romana或其它股东提供贷款担保，或者甚至于令银行信服而提供无提供贷款，就如同Orange， Telemobil或者Connex。

Going the other way, Conoco's shareholders received enough to buy about 10 per cent of Exxon.

反过来看，康菲石油股东获得的现金只够买下埃克森美孚大约10%的股票。

The small blue capacitor has very high chances to go fully shorted compare to electrolytic capacitor which is very rare.

小蓝电容器具有很高的机会去充分地缩短了比较电解电容器，这是非常罕见的。

In the Italian campaigns of 1513 and 1515, when the Swiss won the victories of Novara and Marignan, he acted as army chaplain.

在意大利的运动， 1513年和1515年，当瑞士赢得了胜利，诺瓦拉和marignan ，他担任军队的牧师。