Question

求英语大神翻译！！

We present a model of succession in a firmowned and managed by its founder. The founder decides between hiring aprofessional manager or leaving management to his heir, as well as on whatfraction of the company to foat on the stock exchange. We assume that aprofessional is a better manager than the heir, and describe how the founder’sdecision is shaped by the legal environment. This theory of separation ofownership from management includes the Anglo-Saxon and the Continental Europeanpatterns of corporate governance as special cases, and generates additionalempirical predictions consistent with cross-country evidence.（不要直接用翻译软件翻译~~~求语序通顺）

Answer 1

意大利语翻译后：我们目前的模型中firmowned of演替模式方正技术发展和管理它。hiring between the方正技术发展决定离开他的aprofessional经理或管理heir阱as as to，to foat在线whatfraction of the Company在股票交易所。我们假设，aprofessional是更好的比heir经理，and describe how the is by the sdecision形通过法律环境。这包括分离从管理理论ofownership of the盎格鲁-撒克逊和大陆公司治理europeanpatterns of as和特殊案例，generates additionalempirical predictions洽与越野的证据。
英语翻译后：我们提出了一个在firmowned和由其创始人管理演替模型。创始人决定雇用职业经理或管理之间留下给他的继承人，以及对公司whatfraction到浮漂在证券交易所。我们假设自己是比人更好的经理，并描述如何在法律环境形founder'sdecision。这一理论的分离制的管理包括盎格鲁撒克逊和公司治理的大陆europeanpatterns作为特殊情况，并生成additionalempirical越野证据相一致的预测。