This paper is based on stakeholder theory, the studying object is the mother-subsidiary business groups. First, definite the related concepts from of reviewing all the relevant documents;

本文从利益相关者理论出发，以母子公司型企业集团作为研究对象，首先对相关文献进行回顾，界定了相关概念；

DECIDING to sell a business unit or subsidiary can be one of the hardest decisions chief executives have to make.

对于任何一个首席执行官，做出出售其商业部门或者子公司的决定都是非常艰难的。

The purpose of the proposal is to avoid conflicts of interest that arise when a parent company, subsidiary or affiliate company oversees the work of its business partners, the committee said.

委员会称，该议案的目的是为了防止母公司、子公司或合作公司检查其业务合作伙伴工作时所产生的利益冲突。

Its charter business, operated largely by its Lauda Air subsidiary, also could be cut by half.

其子公司劳达航空的包机业务，也可能被缩减一半。

The clothing business was transferred to a subsidiary.

服饰业务被转移到一家子公司。