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1·The prominent feature of modern publicly-owned corporation is separation of ownership and management, giving rise to principal-agent relationship.

现代公司制企业最显著的特征是公司所有权与经营权相分离，由此导致了委托-代理关系的产生。

2·Publicly-owned Corporation a company whose stock is listed on a stock exchange and is usually owned by a large number of individual shareholders.

公有公司股票在证交所上市的公司，通常有大量私人股东。