破產風險 的英文怎麼說
中文拼音 [pòchǎnfēngxiǎn]
破產風險
英文
bust-urisks- 破 : Ⅰ動詞1 (完整的東西受到損傷) be broken; be damaged 2 (使損壞) break; break down; damage 3 (使...
- 產 : Ⅰ動詞1 (人或動物的幼體從母體中分離出來) give birth to; be delivered of; breed 2 (創造財富; 生...
- 風 : Ⅰ名詞1 (空氣流動) wind 2 (風氣; 風俗) practice; atmosphere; custom 3 (景象) scene; view 4 ...
- 險 : Ⅰ名詞1 (險惡不容易通過的地方) a place difficult of access; narrow pass; defile 2 (危險) dange...
- 破產 : 1 (喪失全部財產) go bankrupt; go broke; become insolvent; become impoverished 2 (失敗) go ban...
- 風險 : risk; hazard; danger
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This dissert at ion is devoted to t he development of ruin theory in two kinds of risk model
本論文致力於拓展幾種不同的風險模型的破產理論。主要研究了phase - type風險模型與相關風險模型。Ruin probability of the double negative binomial risk model
雙負二項風險模型的破產概率The local bank debt - to - asset ratio is widespread and higher, which could not reach basel agreement ’ s provision on capitalization rate. entry into wto five years later, the local bank will face the overall competition in rmb realm with the foreign capital bank. “ internal revolt and outer invasion ” urges the banking system risk, the assets profitability ’ s descends will let the bank get close to a bankruptcy
國內銀行資產負債率普遍偏高,達不到巴賽爾協議的對資本充足率的相關規定,進入wto五年後又將面臨外資銀行在人民幣領域的全面競爭, 「內憂外患」促使銀行業系統風險的增強,資產營利能力的下降讓銀行步入瀕臨破產的邊緣。Asset securitization is one of the most important financial innovations in the international finance field in recent several decades. its most core device is the mechanism of risk - remote, the special purpose vehicle ( spv ) is the core medium of asset securitization, through which securitization realizes bankruptcy - remote
資產證券化是近幾十年來國際金融領域中最重要的一種金融創新,其最核心之處是風險隔離機制的設計,而特殊目的機構( spv )作為證券化的中介和核心機構,充分發揮著「破產隔離」的重要作用。" true sale " requires that all rights, risks or control rights be transferred altogether to spv from the originator, in the process of which due attention should be paid to avoid the occurrence of the revocable transaction risk, the recharacterisation risk and the commingling risk. the constructing of spv featuring " bankruptcy - remote " requires that efforts should be made to isolate spv from both the risk of bankruptcy of itself and that of the originator, and prevent the occurrence of " substantive consolidation ", which re - categorizes the transferred assets into bankrupt assets, while disregarding the form of spv being company, partnership or trust
資產的「真實銷售」 ,要求將資產池的權益和風險或控制權一併從發起人處轉移給spv ,並注意防範可撤銷風險、重新定性風險、資產混合風險的發生: 「破產隔離」 spv的組建,要求無論spv採用公司、合夥或者信託形式,都要注意隔離自身破產風險和發起人破產風險,防止發生「實體合併」 ,使已轉移的資產重新歸併到發起人的破產財產中。The experts on the panel have reached this alarming conclusion : human - accountable climate change will lead to more " freak " weather conditions such as cyclones, floods, and droughts ; massive displacement of populations in the most severely affected areas ; potentially enormous loss of human life ; greater risk of diseases such as malaria as the habitat for mosquitoes expands ; and extinction of species such as the bengal tiger, as their habitat is destroyed
但最後訊息仍十分駭人,專家代表們認為人為的氣候變遷產生的效應會導致更多旋風旱澇等怪異天災受害最烈地區居民將大批流離失所人類生命損失將十分龐大蚊蚋會擴大棲息范圍,使瘧疾等疾病危害的風險加大孟加拉虎等物種將因棲息地遭破壞而絕滅。In this paper, we study two correlated riskmodel. we give the relation between these models through made comparisons. we generalize common poisson process in correlated aggregate claims model ofwang and yuen ( 2005 ) and consider compound poisson - geometric process. weexamine basic properties and upper bounds for the ruin probability of compoundpoisson - geometric risk model with thinning - dependence structure. we also inves - tigate the impact of the thing - dependence structure on the ruin probability
在王過京和kamc . yuen ( 2005 )等研究的基礎上,本文將其相關模型中的普通poisson分佈推廣為具有許多優良性質的復合poisson - geometric分佈,考察稀疏相依結構下的復合poisson - geometric風險模型的基本性質及破產概率的上界,並對此類相依結構對破產概率的影響進行分析。In addition, for general erlang ( n ) risk model, an integro - diifcrontial equation for the probability of ultimate ruin are presented : dickson arid hipp ( 2001 ) consider the erlang ( 2 ) risk model, and introduce the expectation of the discounted penalty h ' ( u ) which determines the joint and the marginal distribution of the time to ruin ( t ), the surplus prior to ruin ( u ( t - ) } and the deficit at ruin ( | u ( t ) | )
Dicksonandhipp ( 2001 )同樣考慮了erlang ( 2 )這種風險模型,並介紹了破產時的罰金折現期望w ( u )這一概念。由罰金折現期望可得到破產時刻( t ) ,破產前的瞬間盈餘( u ( t ? ) )和破產時的赤字( u ( t ) )的分佈和它們的聯合分佈,並給出了罰金折現期望滿足的一積分-微分方程,由此方程得到了罰金折現期望的拉普拉斯變換。The dependence of the probabilities of ruin on the interclaims distribution under the andersen risk model
風險模型下破產概率對理賠間隔的相依性Therefore, the company will bear a risk if any of these banks becomes insolvent
所以,該公司將承擔任何這些銀行破產的風險。Loan securitisation disperses risk through the financial system and reduces the chances of a banking collapse
貸款證券化將風險並且分散到金融系統不同的環節,由此降低了銀行破產的風險。The risk of a big bank going under has receded as $ 27 billion ( and counting ) of capital has flowed into the sector from sovereign wealth funds
隨著270億美元(並且仍在增加)主權財富基金資本的流入,大銀行破產的風險已經逐漸消退。This paper studies the deficit distribution at ruin by the distribution class of the claim - size distributions in a risk model with the markov chain stochastic interest
摘要應用損失賠付額分佈函數的分佈類的特性,在假設隨機利率服從馬爾可夫鏈的條件下,研究了風險模型中破產時刻赤字的分佈函數和界值。On the basis of literature review, we first identify the main risks in the china " s life insurance industry. the mange risks of life insurance are divided three types : the first type is the risk of environment including the risk of period of operating cycle, the risk of market competition, the policy risk and catastrophic risk ; the second type is operational risk, including decision risk, location risk of branch of insurance and so on. the third type is man - made risk, including the morals risk, psychological risk and so on
在對現有文獻和研究成果總結回顧的基礎上,本文首先分析了中國壽險業面臨的主要風險,壽險的經營風險分為三大類:第一類是環境性風險,包括經濟周期風險、市場競爭風險、政策風險、巨災風險;第二類是經營性風險,包括決策風險、險種定位風險、定價風險、業務管理風險、準備金風險、投資風險、分保風險、退保風險、應收保費風險、財務管理風險、破產風險;第三類是人為性風險,包括道德風險、心理風險、逆選擇風險、從業人員素質風險。The financial risk of the enterprise, look from narrow sense, it is to because use what financial lever brings to the enterprise to go bankrupt, point to risk or the risk that common stock accrual produces to change substantially
企業的財務風險,從狹義上看,是指由於利用財務杠桿給企業帶來的破產風險或普通股收益發生大幅度變動的風險。High debt level of the enterprise results in the strategic advantage over the product competition, but under the demand uncertainty, the demand shock made all partners raise their debt level and lead them strapping into the " prisoner ' s dilemma "
但在不確定性需求下,需求的波動將會使企業都選擇高負債的資本結構,企業陷入了提高負債的「囚徒困境」 ,從而使得企業破產風險增大。To use the experience of other countries and districts for reference, i thorough analyze the possibility of establish the spv under the china current law, tax and accounting circumstances, subsequently bring up the most viable native spv modes, and try to find out the breakthrough of developing asset securitization in china
本文簡要描述資產證券化的運營過程,繼而重點介紹spv隔離破產風險的原理,並借鑒國外的實踐經驗,深入分析在中國現行法律、稅收和會計制度約束下設立spv的可能性,進而提出最可行的設立模式,試圖找出在中國開展資產證券化的突破口。The dissertation analyzes determinants of financial structure of listed agribusinesses in china by using the empirical methodology, and provides the empirical evidences of theories of financial structure and traits of chinese listed agribusinesses. the influence of the micro - factors and macro - circumstance is tested. in addition it shows reasons from tax, bankruptcy risk, agency cost and asymmetric information perspectives
全文從微觀因素和宏觀環境兩個層面展開,分析了盈利性、經營風險、資產實質性、規模、稅收制度、股權結構、金融體系等因素對融資結構的影響,並從稅收、破產風險、代理成本和不對稱信息的角度分析了產生的原因。The conclusions elicited by so many studies at home and abroad indicated that the financial data and financial index can be used to predict the financial crisis or bankruptcy risk of an enterprise, and in case of the methods in the field of financial risk prediction has inclined to be stability, and no important breakthrough in recent years
國內外許多研究得出的結論已經表明,財務數據和財務指標可用於預測企業的財務危機或破產風險。在財務危機預測領域,就研究方法而言,已經趨于穩定,近幾年來始終沒有重大的突破,相關的研究只是從技術細節上不斷的完備,目前仍然存在著一些問題,如:預測變量的選擇、多重共線性等問題,始終沒有得到有效的解決。Three traits are following : first, the firms facing the tax exhaustion are still increase the debt ratio, especially short debt, for the continuous or expanded operation. second, without bankruptcy mechanism, firms with high business risk depend on debt to keep continuously operating. third, ownership concentration signals the inside information
其二,我國農業上市公司,尤其是經營風險大的企業,雖然理論上企業有較大的破產風險,但是實際上,企業經理願意冒破產風險提高負債比來維持企業的經營,或者說在我國上市公司缺乏真正破產機制的情況下,企業經理沒有考慮破產風險,而只考慮了企業的持續經營。分享友人