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sentence

Chinese translation: concentration in a particular sector = the concentration of loans in a particular sector ?

02:34 May 22, 2006
English to Chinese translations [PRO]
Bus/Financial - Investment / Securities / Bank
English term or phrase: sentence
Sir Derek Higgs notes that banks remain outliers in terms of board sizes, which are often larger than average. Some boards meet too often and are still too involved in routine matters, he says. And there persists, in some quarters, the classic practice of elevating a retired general manager to the board, where they see it as their duty (and privilege) to make life difficult for their successor.
德里克•希格斯爵士特别指出，银行从董事会规模上来说仍然与众不同，其规模往往超过一般的董事会。他说，有些董事会频频召开会议，仍然过于纠缠于日常问题。而在一些地方，仍存在把已退休的总经理提升到董事会的典型做法，他们认为给接班人出难题是自己的职责（也是特权）。
“The board is not competent to approve loans,” Sir Derek maintains. “It may have a point of view on concentration in a particular sector, but it is not there to know more than the credit committee.” The same goes for management strategy. “In theory, it has to be able to say ‘no’ but, in practice, the board shouldn’t set itself up as knowing more than management. Its role is to question and, hopefully, approve management’s strategy and to hold the CEO and his team to account in the delivery of those objectives.”
希格斯爵士坚持说：“董事会缺乏审批贷款的能力。它对某个部门的行业集中可能会有观点，但并不比信用委员会知道得更多（？？？）。”管理策略也是如此。“从理论上来说，董事会必须能够说‘不’，但实际上，董事会不应该自称比管理人员知道得更多。它的职责在于提问，最好还要审批管理人员的策略，并且让CEO及其班子在实现这些目标方面负起责任。”
不知如何理解“It may have a point of view on concentration in a particular sector, but it is not there to know more than the credit committee.” ？
clearwater
China
Local time: 01:31
Chinese translation:concentration in a particular sector = the concentration of loans in a particular sector ?
Explanation:
concentration in a particular sector = the concentration of loans in a particular sector ?

“The board is not competent to approve loans,” Sir Derek maintains. “It may have a point of view on concentration in a particular sector, but it is not there to know more than the credit committee.”
Selected response from:

chica nueva
Local time: 05:31
Grading comment
谢谢！
2 KudoZ points were awarded for this answer



Summary of answers provided
3 +1FYI
Jianjun Zhang
3 +1concentration in a particular sector = the concentration of loans in a particular sector ?
chica nueva
3FYI
wherestip


  

Answers


43 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
FYI


Explanation:
I think here the problem is "concentration", if we can crack this word, the whole sentence is easier to understand. My opinion is that "concentration" here means "value concentration" (价值集中), which is important in considering whether a company is good in credit. Hence, 试译：

It may have a point of view on concentration in a particular sector, but it is not there to know more than the credit committee.

董事会对特定产业部门的价值集中情况 (程度？) 有自己的见解，但他们并不比信用会员会有更多了解。

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Note added at 48 mins (2006-05-22 03:23:08 GMT)
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修改一下：

董事会对特定产业部门的价值集中情况 (程度？) 有自己的见解，但他们并不会比信用委员会了解更多。

Jianjun Zhang
United Kingdom
Local time: 18:31
Specializes in field
Native speaker of: Native in ChineseChinese
PRO pts in category: 8

Peer comments on this answer (and responses from the answerer)
agree  wherestip
12 hrs
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3 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
concentration in a particular sector = the concentration of loans in a particular sector ?


Explanation:
concentration in a particular sector = the concentration of loans in a particular sector ?

“The board is not competent to approve loans,” Sir Derek maintains. “It may have a point of view on concentration in a particular sector, but it is not there to know more than the credit committee.”

chica nueva
Local time: 05:31
Native speaker of: English
PRO pts in category: 19
Grading comment
谢谢！

Peer comments on this answer (and responses from the answerer)
agree  wherestip
9 hrs
Login to enter a peer comment (or grade)

13 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
FYI


Explanation:
Agree with both previous suggestions.

It means to target certain sectors in approval of loans. The board might have a view on which sectors have more growth, and therefore are better credit risks.

wherestip
United States
Local time: 12:31
Native speaker of: Native in EnglishEnglish, Native in ChineseChinese
PRO pts in category: 46
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