凈國外投資 的英文怎麼說
中文拼音 [jìngguówàitóuzī]
凈國外投資
英文
net foreign investment- 凈 : Ⅰ形容詞1 (清潔; 干凈) clean 2 (凈盡;沒有剩餘) empty; hollow; bare 3 (純) net Ⅱ動詞(使干凈;...
- 國 : Ⅰ名詞1 (國家) country; nation; state 2 (姓氏) a surname Ⅱ形容詞1 (代表國家的) national; of ...
- 外 : Ⅰ名詞1 (外面) outside; external side 2 (外國) foreign country 3 (以外) besides; beyond; in ...
- 資 : Ⅰ名詞1 (錢財; 費用) money; wealth; expenses 2 (資質) intelligence; endowment 3 (資格) quali...
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According the original thoughts, this paper circumstantiates how to carry this theory into chinese practice and how to eliminate the fundamental shortcomings if foreign standards applied mechanically. therefore, in a creative way, this paper establishes a feasible eva appraisal system according to chinese listed companies " character and demonstrates it on some listed companies, such as sichuan changhong co. ; tsingtao brewery company ; and harbor line companies. in one word, this paper wishes to provide a set of more practical and predictable standard in comparison with roe and eps
本論文正是根據其理論,首先著重對目前如何將經濟增加值實際運用於評估中國上市公司業績,進行針對性的分析和探討,從而逐步剔除機械套用國外指標體系的根本性缺陷,然後按照中國證券投資市場的特徵,創造性地建立一套符合中國實情地指標體系,同時運用這一指標體系對四川長虹、青島啤酒以及整個港口行業的上市公司五年間的業績變化情況做了仔細的運算和分析,並與現行的凈資產收益率、每股收益進行實證分析、比較,以期為上市公司業績評價提供一種更有預見性、更可行的指標體系。In a word, it presents a comprehensive and systemic analysis on mbo in china and foreign countries, from the followly fire aspects : the background of mba, the policy environment, the objective firms, the pricing methods, the financing system, find out differences of mba and the causes of them, and combinating special eco - nomic environment and economic traces of our country, the author puts forward counterplan. these counterplans primarily include : from strengthening laws, enhancing the information to publish, culturing to agency and etc to come to perfect the mbo policy environment on our country ; defining objective firms of mbo in realm that the state - owned property is decided to withdraw ; with the clean property worth for the foundation, synthesize to consider managers " contribute and the value of control powers with company, and pass the market mechanism to come for right price of the objective firms ; pass growing the organization investor, creative financing tool and optimizing the assistant financial system, establishing the valid withdrawing way of financing etc to resolve the financing problem
在此基礎上,論文從收購背景、政策環境、目標企業、定價方法、融資體制等五個方面對中外mbo做了全面系統的對比分析,找出了兩者的差異及原因,並結合我國特有的經濟環境和經濟軌跡,提出了相應的對策措施。這些對策主要包括:從健全法律法規、加強信息披露、培育中介機構等方面來完善我國mbo的政策環境;在國有資產決定退出的領域內對mbo的目標企業進行界定;以凈資產值為基礎,綜合考慮管理層貢獻和公司控制權兩個因素,通過市場機制來為目標公司正確定價;通過培育機構投資者、創新融資工具和優化配套金融制度、建立有效的融資的撤出渠道等來解決融資問題。Based on the analysis of the current situation of the state medium - small - enterprise and the difficulties met during the stock reorganization of the high technology medium - small - enterprise, the article tries to provide possible solutions on the issues of definition of property rights, management of state assets, stock evaluation of commercial and non - commercial capital, disposal of enterprise debt and the use of land, and the settlement of retired people respectively. applying the modern theory of financial management, the article also gives its suggestion on the comprehensive evaluation on the companies during their stock reorganization and on the optimal allocation of capitals. according to the western experiences of developing high technology industries by venture investment and the prospect of the roles played by the forthcoming growth enterprise market, the article concludes that the sate medium - small high technology enterprises raising money from growth enterprise market through stock reorganization may be a shortcut for their development. a case of an " institute of automatization ", whose scheme was planned by the author for practice, is discussed throughout the paper
本文在對我國國有中小企業改革現狀的分析基礎上,針對我國國有中小高新技術企業的現狀及股份制改組過程中的難點,對產權界定、國有資產管理、經營性和非經營性資產的剝離、凈資產的折股、企業債務和土地使用權的處理、離退休人員的安置等等問題,分別提出了具體的解決辦法。運用現代財務管理理論,提出了股份制改組過程中的公司整體價值評價方法及最佳資本結構確定的方法。在分析國外利用風險投資機制發展高新技術產業的經驗及即將推出的二板市場相關內容基礎上,明確提出國有中小型高新技術企業通過股份制改組最終到二板市場上市融資是其快速發展的途徑。1. the newly - built foreign - owned productive enterprises which obtain land - use right by transferring the state - owned 1and can be exempted from the net transfer expense for industrial land
1外商投資新辦的生產型企業,以國有土地出讓方式獲得土地使用權的,工業用地凈出讓金免收。It raised the ceiling for overseas investment to three times an indian acquirer ' s net worth, from two times
提高國外投資限額,從印度讓受方凈資產的2倍到3倍。From a departure point of empirical study on the effect of cross - border mergers and acquisitions ( m & as ) on the performance of target firms, this article follows the traditional research pattern, which first reviews the extant empirical researches in this field then introduces the characteristics of foreign acquisitions in china as well as its economic effect. following is the theoretical explanation of the mechanism behind the effect of cross - border m & as on the performance of target firms from the views of fdi, corporate strategy and corporate governance. finally, this article employs the standard event study methodology as well as accounting data analysis to examine the short - term wealth effect and long - term performance of chinese target firms
本文以外資並購對我國目標公司績效的影響為研究出發點進行實證分析,依據傳統的研究思路,首先對現有的經典文獻做了一個簡要的回顧,然後介紹了外資並購我國企業的特點和其經濟效應,接著從國際直接投資、公司戰略、公司治理這三個角度對跨國並購提高目標公司績效的機理進行了分析,為目標公司績效的提高提供了理論依據,最後本文利用標準事件研究法和會計指標法計算出公司的績效指標?累積超額收益率( car ) 、平均每股收益和平均凈資產收益率,分別從短期和長期分析了我國目標公司的績效。To help reduce net foreign - currency inflows, the government announced plans earlier this month that would make it possible for the first time - though still subject to quotas - for firms and ordinary chinese to invest in foreign securities markets
為了減少外幣凈流入額,中國政府在這個月初第一次公布了允許公司和普通中國公民投資國外證券市場的計劃? ?雖然仍然有定額限制。A long - term balance is noted among the chinese bond prices and fixed - asset investment, net export, commodity price index, monetary supply, bank loans and foreign exchange reserves
我國債券市場價格與固定資產投資、凈出口、物價指數、貨幣供應量、金融機構存貸款和外匯儲備存在長期均衡關系。Except for an investment company or a holding company stipulated by the state council, where a company is to invest in other limited liability companies or joint stock limited companies, its cumulative investment may not exceed 50 percent of its net assets, provided that if after the investment, the capital is increased using profit distribution received from the company in which it invested, the increased amount shall not be included
公司向其他有限責任公司、股份有限公司投資的,除國務院規定的投資公司和控股公司外,所累計投資額不得超過本公司凈資產的百分之五十,在投資后,接受被投資公司以利潤轉增的資本,其增加額不包括在內。In case a company, other than an investment company or holding company as specified by the state council, invests in other limited liability companies or joint stock companies, the aggregated amount of such investments shall not exceed fifty percent of its net assets ; after the initial investment, the increase therein resulting from capitalization of the profit derived from the company invested in shall not be included
公司向其他有限責任公司、股份有限公司投資,除國務院規定的投資公司和控股公司外,所累計投資額不得超過本公司凈資產的百分之五十,在投資后,接受被投資公司以利潤轉增的資本,其增加額不包括在內。 」After getting the standard difference and beta index of after risks, it gets three measuring figures : shape performance index, treyner performance index and jesen performance index through establishing the after feature line model, and compared them. finally, combining with the present situation of investment fund in china, using the investment fund performance evaluation research at home and abroad as the reference, adopting indexes such shape, treyner, jesen, stock net selection rate and c value, it evaluates the performance of investment funds in china in four aspectsxomprehensive performance measurement of investment funds. stock selection capacity. market opportunity seizing capability and investment portfolio ; and mares a case analysis on the ten representative funds in china
最後,結合我國的投資基金的具體現狀,借鑒國內外同行對投資基金績效評估的研究,運用夏普業績指數、特雷諾指數、詹森業績指數、股票凈選擇率、 c值等指標,從投資基金的綜合業績度量、股票選擇能力、市場時機把握能力和投資組合分析四個方面對我國投資基金的績效進行了評估,並對在我國投資基金中有代表性的十隻基金進行了實證分析。In order to solve the conflict of supply and demand, firstly, this particle discusses the characters of the national budget investment the emission of stock, attracting foreign capital and invest direct, domestic banks " loan, international financial organizations and foreign governments " loan, and the emission of bond, the bot mode and other financing manners. also, the particle analyses the resources of each financing manner and characters concretely. then, it analyses the scale, cost, construction and manner of highways " raising project, and it emphasizes banks " loan domestic and overseas, the emission of stock and bond, the attornment of highway ' s charge rights, the capital cost of bot financing manner, and uses the model to calc ulate the compositive capital cost, then build the worst ( in the worst environment hypothetically ) and the best scheme ( in the best environment hypothetically ) accordingly, after the comparison, we can obtain the status of the project ' s net cash flux, the debt ' s endurance capability, income and a series of data in any possible state, so that to get the optimized scheme and prepare for the scientific decision
為了解決資金的供需矛盾,本文首先論述了國家預算內投資、發行股票、吸收國外資本直接投資、國內銀行貸款、國際金融組織和外國政府貸款、發行債券、 bot方式等融資渠道的特點,具體分析了各融資方式的資金來源渠道及它們的特點;接著分析了公路項目籌資的規模、成本、結構和方式,重點分析國內外銀行貸款、發行股票和債券、轉讓公路收費權、 bot融資方式資金成本,用模型的方式具體計算綜合資金成本,建立相應的最差方案(在假設的最差條件下)和最佳方案(在假設的最好條件下)與之進行比較,獲取在各種可能條件下的項目凈現金流量狀況、債務承受能力和收益情況等一系列數據,確定整體最優方案,為科學決策做準備。During 60 ' s and 70 ' s in the 20th century, the study in this field mainly developed toward four directions : ( 1 ) studying the pure advantages owned by mne ( multinational enterprise ) according to industry organizing theory, such as the specific advantages theory by s. h. hymer ; ( 2 ) studying on fdi was linked with foreign trade with a dynamic analysis method, such as product cycle theory by r. vernon. ( 3 ) according to production location theory, studying was concerned on why mne invest in certain country rather than the others. ( 4 ) according to the firm theory, studying on the influence of incomplete market on the mne ' s fdi, such as the internalization theory by p. j. buckley and m. c. casson
在20世紀60 、 70年代,這一領域的研究主要沿著四個方向發展:一是根據產業組織理論,研究跨國公司進行對外直接投資所擁有的凈優勢,如海默的壟斷優勢理論;二是採取動態分析方法,將對外投資與對外貿易結合起來研究,如維農的產品周期理論;三是根據生產區位理論,研究跨國公司為什麼在某國而不是在其他國家進行直接投資;四是依據廠商理論,強調市場不完全對跨國公司的對外直接投資行為的影響,如巴克萊和卡森的內部化優勢理論。According to the variety and complexity of foreign direct investment, this paper tries to build an evaluating matrix of foreign direct investment to evaluate transnational investing item based on apv
針對跨國公司直接投資項目的多樣性和復雜性,基於調整凈現值法,試圖建立一個對外直接投資項目評價模型,以用來合理評估跨國投資項目。Our overseas investments yield britain a net income o f over 10 billion a year
每年英國的海外投資為我們帶來的凈收入為100億英鎊。Based on existed theories, this dissertation systematically studied the quantitative effects of chinese monetary policy. and the main task of this article is to measure the quantitative effects of monetary policy on the investment, consumption and net export accurately by applying the newest econometric approaches, such as cointegration test, granger causality test and impulse response function
因此,本文在國內外學者已有的研究基礎上,以我國貨幣政策實踐的特殊性為背景,從貨幣政策在實體經濟領域傳導的主要途徑(投資渠道、消費渠道、凈出口渠道)出發,就我國貨幣政策實行間接調控以來的效果進行了系統的理論與實證研究。We are also talking about the increasing number of high net worth international citizens who carry portable computers, and who are quite capable of managing their own finances and demanding direct access to financial markets
此外,我們所面對的是愈來愈多高資產凈值的國際投資者,他們拿輕便的手提電腦便可靈活理財,甚至直接接通各個金融市場。On the basis of current methods, it designs a system which applies to evaluating the security investment funds, including net asset value, total reward rate, cost rate, turnover rate and the measure and the determination of risk
結合國內外已有的方法,設計了一套有關證券投資基金的評價體系。包括凈資產值、總報酬率、費用率、周轉率以及風險的衡量與測定。A foreign party who re - invests any part of his share of the net profit within chinese territory may apply for the restitution of a part of the income taxes paid
外國合營者將分得的凈利潤用於在中國境內再投資時,可申請退還已繳納的部分所得稅。Net foreign investment
凈國外投資分享友人