Research shows worried managers delay important corporate actions like the timing of stock offerings.

研究表明，心存忧虑的公司管理者会延迟公司重要举措的执行时机，比如公司上市日。

But the journey doesn't end with individual and corporate action.

但旅程不会随着个人和公司的行动而结束。

And that's actually starting to play out in various corporate actions that executives or CEOs are taking.

这实际上开始在高管或 CEO 正在采取的各种公司行动中发挥作用。

In instances where such control does not otherwise exist by virtue of the venture capitalist's equity ownership or Board representation, control over certain corporate actions is often obtained through contractual agreement between the venture capitalist and the company.

在因为股份所有权不多或在董事会里的代表人数不足而无法进行控制的情况下，风险资本家往往通过与公司签订的合约获得对公司某些行动的控制。

The extent of such contractual control will vary depending upon the venture capitalist's investment in the company, although investments in excess of 20% of the total equity often carry significant veto or consent rights over certain corporate actions.

这种合约控制的范围大小取决于风险资本家在公司中的投资额。投资超过股份总数20％，往往可以使风险资本家对公司某些行动拥有相当大的否决权或同意权。