推荐回答（2个）
该句的意思：保护顾客数据的能力是market value的关键，股东委员会代表股东为此负责。which说的是“market value”；如果译为：股东委员会代表股东为“保护顾客数据的能力是market value的关键”负责，句子能通吗？##另外，在which the board is responsible for on behalf of shareholders中，the board （股东委员会）是主语，is responsible for（为。。。负责）是谓语，which是宾语，on behalf of shareholders（代表股东）属于介词短语作状语。
1.the board is responsible for market value.我给出的句子是说明前面的先行词做从句的宾语。所以从句中的这个短语is responsible for 是来修饰前面这一名词的。
2. is responsible for “为，，负责”是一固定短语，后面的on behalf of “为了，，的利益”也是一固定短语，所以两个在一起并不矛盾。前一个是谓语，后一个是状语。
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