橫向併合 的英文怎麼說

中文拼音 [héngxiàngbìnggě]
橫向併合 英文
lateral integration
  • 橫 : 橫形容詞1. （蠻橫; 兇暴） harsh and unreasonable; perverse 2. （不吉利的; 意外的） unexpected
  • 合 : 合量詞（容量單位） ge, a unit of dry measure for grain （=1 decilitre）
  • 橫向 : broadwise; infeed; crossrange; abeam;transverse; transverse direction; cross; crosswise; lateral;...
  1. Mergers fall into three categories: horizontal, vertical, and conglomerate.

    合併分為以下三種：橫向合併，縱向合併和混合合併。
  2. This act has had the effect of great inhibiting vertical and horizontal mergers of large corporations.

    這個法令對阻止大公司的縱向和橫向的合併有巨大的作用。
  3. On the basis of drawing lessons from the existing research results both at home and abroad, this paper observes the change law of the two financial indexes of nroa and croa from 1997 to 2001, studies the relations between the locations of listed companies and the m & a performance, between the structure of equity of listed companies and the m & a performance, between the industry nature of the listed companies and the m & a performance, between the type of m & a and the m & a performance, and then draws several conclusions that m & a performance is unsatisfactory on the whole, m & a performance of listed companies in eastern china is superior to that of the counterpart in middle or western china, m & a performance of listed companies that the country or the other corporations hold the most share of the listed companies is unsatisfactory on the whole, the growing or mature listed companies can achieve best m & a performance when they implement the m & a horizontally while the listed companies in declining phase may perform the conglomerate m & a the best

    在借鑒國內外已有的研究成果的基礎上，本文考察了並購上市公司從1997年到2001年五年時間內凈資產收益率和主營利潤率兩項財務指標的變化規律，研究了並購公司所在的區域與並購績效、並購公司的股權結構與並購績效、並購公司的產業性質與並購績效、並購類型與並購績效等方面的關系，得出了若干結論： 1 、並購績效從總體上來說是不理想的； 2 、東部上市公司的並購績效要優于中部和西部上市公司的並購績效； 3 、國家股或法人股是第一大股東的上市公司的並購績效不理想； 4 、處于成長性產業和成熟性產業的上市公司發生橫向並購績效最好，處于衰退性產業的上市公司發生混合併購績效最好。
  4. Enterprise merger can be divided into three parts : landscape orientation merger, portrait merger ( it is also called uprightness merger ) and mixture merger

    企業合併可分為橫向合併、縱向合併（垂直合併） 、混合合併三種合併方式。
  5. Congener concept was introduced into the lattice union algorithm, which was used to update each child node in less time according to the order relation of the concepts

    摘要提出了同類概念的觀點，在格的合併演算法中通過利用同域概念格之間的同類概念和概念的父子關系實現對其所有子節點的快速更新，以提高概念格橫向合併演算法的時間效率。
  6. Based on the effective competition theory, the writer agrees in denying the scale standard and tolerating the mixed combnition, through defining the relevant market, examining the market share and the market concentration degree and on the basis of considering market ' s entering factors, such as the obstacle the bankrupt, the economic benefits and the international competitiveness, etc, then absorbing the rational factors in the rational principle, the social public interests

    基於有效競爭理論，筆者贊同在認踴準上，否認賬標準，容忍非橫向合併，通腑定相關市場，審查市場份額和市場集中度，再在考慮市場進入障礙、瞰、經濟效益、國際竟爭力等因素的基礎上，吸收合理原則、社會公益原則和卯原則中的合理因素，綜合分析企業合併行為在反壟斷法上的合法性。
  7. The thesis first describes the definition as well as the underlying characteristics of international m & a, and analyzes the juristic fact that international m & a is a sub - sector of international private direct investment. next, it introduces the history of international m & a and compares both positive and negative influence of international m & a. the thesis then explains the conceptions and impacts of horizontal m & a, vertical m & a, and conglomerate m & a respectively, the three kinds of transactions most critical to the international m & a

    筆者在本章一開始明確了跨國並購的基本概念，閘述了它的基本特徵，對跨國並購屬于國際私人直接投資這一法律性質予以分析；介紹了跨國並購的發展歷程，從積極和消極兩方面對比分析了跨國並購的作用；按照橫向並購、垂直並購和混合併購這三種跨國並購的基本形式分別闡述了他們的概念及其各自的影響。
  8. The test results show that this algorithm makes better improvement in time complexity than the horizontal union algorithms of common universe concept lattice found in related literature

    實驗表明，該演算法和相關文獻中的同域概念格橫向合併演算法相比，其時間性能有明顯改善。
  9. However, owing to difference of the economic theory foundation, they have formed various hypotheses of agent, whereas these hypotheses most and least had no means of work out the comprehensive interpretation of merge and for example : theory of transaction cost do well in explaining vertical m & a, but lack of persuasion in horizontal m & a and conglomerate m & a

    然而，由於不同學派所依託的經濟理論基礎不同，由此形成了各種各樣的動因假說，而這些假說都無法單獨對並購作出全面的解釋。譬如說，交易成本理論對縱向並購具有較強的解釋力，但對橫向並購和混合併購則缺乏說服力。
  10. Second, the ways of m & a are categorized briefly. the author analyzed the industrial modes of publishing industry m & a in detail through modern economics theories, including horizontal m & a. vertical m & a, and combined m & a, for any strategic m & a involves the choice of industry orientation

    其次，本文對出版企業並購方式作了簡要分類，利用現代經濟學理論詳細分析了出版企業產業模式的並購，即橫向並購、縱向並購、混合併購，因武漢理_卜大「沂碩卜戶聲價、侖義為任何戰略性並購都沙及jlj ， 『叭比力} l弓選擇的卜
  11. On the other side, through the multi - aspects of research and the experience both from china and abroad on m & a, the article also clarifies its view on the efficiency theory, agency theory, transaction charges theory, value understatement theory, marketing influence theory and wealth reallocation theory. it also gives an explanation on the primitive motive on m & a, i. e. pursuing maximum profit and minimum competitive pressure, which, at the same time, generates the relevant effects : finance synergy, management synergy, market share effect, enterprise development effect, and strategy transit effect. the detail planning of a m & a strategy according to the relevant m & a motive is of critical importance to the success of a m & a operation

    企業並購從橫向並購、縱向並購、發展到混合併購，反映了企業並購的發展過程；從多種角度對企業並購加以研究，並結合國內外企業並購的實際，闡述了企業並購的效率理論、代理理論、交易費用理論、價值低估理論、市場勢力理論、財富再分配理論；分析了企業並購的原始動因? ?追求高額利潤與減少競爭壓力，並由此產生的效應? ?財務協同效應、管理協同效應、市場份額效應、企業發展效應、戰略轉移效應；根據企業並購的動機，謹慎規劃企業並購戰略，對企業並購成功至關重要，可以採用中心多角化戰略、復合多角化戰略、垂直式整合戰略、水平式整合戰略來規劃企業並購；採用一個合適的方法對目標企業進行價值評估是企業並購中一個重要環節，正確評估目標企業的價值，使交易價格相對公正合理，並能提高交易成功率，避免決策失誤；確定企業並購價值后，採用一個合理的支付方式，就完成了企業並購的最後工作。
  12. " we will pursue a multi - faceted growth strategy through a combination of vertical and horizontal expansion. we will continue to expand our production capacity through mergers and acquisitions to achieve economies of scale and strengthen our position as a global player in the industry

    鄺氏續稱：集團將繼續透過垂直及橫向擴展，實施多層次增長策略，並繼續藉合併及收購擴大產能，從而擴大規模經濟效益及加強本集團作為全球鋁業主要公司之位置。
  13. Secondly, the corporation conglomerate merger is direction for company ' s development. but at present, the main body of merger is still vertical and horizontal mergers

    第二，企業混合併購是中國企業並購的發展方向，但從世界情況來看，當前企業並購的主體還應是橫向並購和縱向並購。
  14. At the basis of this interpret, the text makes a thorough study of economic efficiency of three types of mergence. ( such as horizontal merger, vertical merger and conglomerate merger ). in macro level, the rationality of m & a and its products lies in scale economics and also lies in reducing relevant costs & diversifying operation risk, etc. it sets forth good results of mergence to mechanism adjustment of production construction in detail

    然後，從企業績效角度的不同層面具體分析企業並購之動因，對橫向並購、縱向並購和混合併購等三種形式的經濟效率進行深入的比較研究，認為橫向並購可獲得規模經濟，在有限理性的環境下縱向並購可以降低交易費用，而混合併購可達到組合效應和降低經營風險的目的。
  15. For example, according to related industry, it can be classified as vertical merger, horizontal merger and mixed merger, according to payment type, it can be classified as merger of purchasing asset with money, merger of purchasing stock with money, merger of barter stock for asset, merger of barter stock for stock

    按並購雙方產品與產業的聯系劃分，企業並購可分為橫向並購、縱向並購和混合併購。按並購出資方式的不同可劃分為出資購買資產式並購、出資購買股票式並購、以股票換取資產式並購、以股票換取股票式並購。
  16. In a horizontal merger, the acquisition of a competitor could increase market concentration and increase the likelihood of collusion

    在橫向合併中，市場競爭者可獲得的是提高市場的集中程度及增加串謀的可能性。
  17. As to vertical and mixed merger, legislative attitude of less and non - limitation could be taken respectively

    我國的反壟斷立法重點規制的應是橫向合併，對垂直合併和混合合併可以分別採取放鬆和不予控制的立法態度。
  18. The direct result of landscape orientation merger is to change the market structure, to reduce the amount of the market competitors and to produce the direct damages about the market efficient competition. so landscape orientation merger is the importance for each country to act law regulations

    橫向合併的直接結果就是改變了市場的結構，減少了市場競爭者的數目以及對市場競爭的有效性直接產生損害，因此，橫向合併是各國進行法律規制的重點。
  19. I. general survey of the merger concerning anti - monopoly law through research and analysis of the legal features of merger and restriction of effect of competition caused by various types of mergers and legislations in western countries, the writer considers that merger in a broad sense must be applied to the anti - monopoly law of our country. emphasis must be laid in restriction of horizontal merger in the legislation of our anti - monopoly law. as to vertical and mixed merger, legislative attitude of less and non - limitation could be taken respectively

    筆者通過對企業合併的法律特徵、不同種類的企業合併對競爭效果的限制和西方國家立法的研究分析，認為廣義的企業合併應為我國的反壟斷法所用；我國的反壟斷立法重點規制的應是橫向合併，對垂直合併和混合合併可以分別採取放鬆和不予控制的立法態度；在立法體例和發展性上，可以綜合各國一部分做法，採取分別立法，同時兼顧其它國家的反壟斷法。
  20. Generally speaking, they can be divided into horizontal, vertical and synthesized horizontal merger and acquisition

    通常，企業並購的模式分為橫向並購、縱向並購和綜合併購。
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