英语翻译We believe that our results are inconsistent with the implications of formal agency models of optimal contracting.The empirical relation between the pay of top-level executives and firm performance,while positive and statistically signifi

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英语翻译We believe that our results are inconsistent with the implications of formal agency models of optimal contracting.The empirical relation between the pay of top-level executives and firm performance,while positive and statistically signifi
英语翻译
We believe that our results are inconsistent with the implications of formal agency models of optimal contracting.The empirical relation between the pay of top-level executives and firm performance,while positive and statistically significant,is small for an occupation in which incentive pay is expected to play an important role.In addition,our estimates suggest that dismissals are not an important source of managerial incentives since the increases in dismissal probability due to poor performance and the penalties associated with dismissal are both small.Executive inside stock ownership can provide incentives,but these holdings are not generally controlled by the corporate board,and the majority of top executives have small personal stockholdings.
导师看过我翻译的 说这段翻得不好 让我改改 就是改不好 之前是用GOOLGE翻的 同用此翻译器的就算了 希望能翻得专业一点 语句通顺一点

英语翻译We believe that our results are inconsistent with the implications of formal agency models of optimal contracting.The empirical relation between the pay of top-level executives and firm performance,while positive and statistically signifi
我们相信我们的结果和最优承包的正式代理模式的含义是不一致的.而有积极和统计意义的是,高管和公司业绩之间的实证关系在一份预计奖金会成为重要作用的工作岗位上却很小.另外,我们估计解雇和管理激励没有太大的关系,因业绩差和处罚这两个原因所导致的解雇可能性增加非常小.拥有股份的管理层可以提供激励奖金,但这些股份通常不是由公司董事会控制,并且大多数的高管只持有小部分的个股.