谁能帮忙解释几句英语啊 谢谢！ encouraged, companies, investing, expected, increase

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  Traditional measures have been largely based on growth in EPS, which has encouraged companies to seek to increase short-term earnings at the expense of long-term earnings, eg. by cutting back capital programmes. Even worse, concentrating on growth in earnings per share can result in a reduction in shareholder value, eg. by companies borrowing and investing in projects that produce a return in excess of the interest charge, but less than the return expected by equity investors.  是什么意思啊 ？谢谢！