證人股 的英文怎麼說
中文拼音 [zhèngréngǔ]
證人股
英文
witnesses unit-
In the second part, the author defined the proper plaintiff and burden of producing evidence thereof by deferent means. in the third part, the author examined the damages and the method of computation therein from the status quo of scholarship. in the last part, this article thought that the limitation of actions should be accounted from dies a quo when the decision on punishment of securities supervision commission is published by the company in punishment or by the commission itself
關于計算方法，本人認為應以均價法為宜，即證券買入或賣出價格與上市公司對其虛假陳述進行更正之後的10天或從揭露日至該流通股換手率達到100 %之日止的這段時間期限內的平均交易價格之間的差額進行計算，如果原告在上述期限內賣出股票，則按證券賣出的實際價格計算，否則按平均收盤價格計算。The point analyses the composition and efficancy of the structure of corporate governance with the modern administration theory. lt systematically sets forth and compares the features and development of the structure of the corporate governance in chinese and western. by analyzing the present situation of our listing companies, it points out : " the internal control " can be considered the inevitable phenomenon, emerged in the period from the socialism planned economy to the market economy in china ' s state - owned enterprises. by the means of gathering a vast amount of data and analying cases and charts, it gives the conclutions : because the enterprise inform is progressed " step by step ", the internal controlling in our country has assumed its own features : the enterprise is in the concussion between the " super - powerful controp ' of external and the " super - weakly control " in internal. those popular phenomenon have been looked as the principle manifestation of " the internal control " which taking the national stock as the ma in part and holding the post of chainman of the board and the chief manager in company to the same man
本文利用現代管理理論和現代企業理論來剖析公司治理結構的組成和效率體現，對中西方公司治理結構的特徵和歷史發展作了較系統的闡述和比較，並且運用大量的數據對我國上市公司治理結構進行了實證分析，指出： 「內部人控制」是在我國社會主義經濟向市場經濟轉軌時期，國有企業公司治理結構中出現的一種必然現象。本文在闡述公司治理結構特徵和功效的基礎上，通過大量數據的收集、案例分析和圖表處理來分析我國企業治理結構的歷史變遷並揭示出：由於我國企業改革是「漸進式」的， 「內部人控制」表現出其自身的特點：企業處于外部「超強控制」和「超弱控制」的兩極震蕩中。作為最具我國現代企業代表特徵的上市公司，因為以國家股為持股主體，董事長和總經理兩職兼任的現象甚為普遍而成為目前企業事實上的「內部人控制」的主要表現形式。In sentencing, the judge pointed out that even though the three defendants had not confessed, the weight of evidence from many witnesses and documents had convicted the first defendant, who had not avoided the obvious conflict - of - interest in his relationship with a shareholder of the company
法官在判刑時指出，縱使三名被告不認罪，但眾多證人的供詞以及大量的文件證物，好比如山鐵證，足以令第一被告罪名成立。第一被告明知自己與該公司股東的關系，卻沒有設法迴避當中明顯存在的利益沖突。Due to the special equity structure in china, company governance does n ' t pay attention to protect the investors, so the empirical results show as follows : ( l ) it exists the negative relation between the proportion of state - owned stocks and corporate performance ; it does n ' t exists the remarkable relation between the proportion of circulation stocks and corporate performance ; the function of corporation in company governance depends on its owned stocks. ( 2 ) the performance of equity - scattered company is superior to that of equity - gathered company, the performance of corporation - gathered company is superior to that of state company. ( 3 ) in the protective industries, the degree of equity d oes n ' t influence the performance, state - owned stocks play a leading role, there is a negative relation between the proportion of its stocks and croa, but there is n ' t a remarkable negative relation between the proportion of its stocks and roe ; in non - protective industries, the performance of equity - scattered company is superior to that of equity - gathered company, and the proportion of corporation stocks rise, the influence of proportion on corporate performance depends on its owned stocks. finally, it gives some reasonable suggestions and discusses the limits of research
由於在我國特殊的股權結構下，公司治理對投資者缺乏保護，實證結果表現為： （ 1 ）國家股股東持股比例與公司績效存在負向關系；流通股股東持股比例與公司績效之間不存在顯著的關系；法人股股東在公司治理中的作用依持股水平而定； （ 2 ）股權分散公司的績效優于股權集中公司，法人集中公司的績效優于國有集中公司； （ 3 ）在保護性行業，股權集中程度對績效的影響不顯著，國家股佔主導地位，其持股比例與績效指標croa存在負向關系，與績效指標roe存在不顯著負向關系；在非保護性行業，股權分散公司的績效優于股權集中公司，法人股比例上升，其持股比例對公司績效的影響依持股水平而定。最後，提出相應的政策建議並討論了研究的局限性。Research background in may, 1992, the criterion for stock company and the 13 documents attached prescribed that four kinds of stockholder ' s rights which are stocks for nation, corporation, public and foreign fund coexist in china ’ s securities business. until november, 2003, the chairman of negotiable securities surveillance management committee, shangfulin, stated publicly that there are existing the problem of the stockholder ' s rights minute sets 。 from then now, this term is used in the professional field and in the market. the state department admits the problem and put forward the guide policy to solve it
一、研究背景自1992年5月《股份公司規范意見》及13個配套文件出臺，明確規定在我國的證券市場有國家股、法人股、公眾股、外資股四種股權形式並存，到2003年11月證監會主席尚福林公開發表觀點說中國的股市存在股權分置的問題，由此，在學界、市場逐步採用了「股權分置」的說法，再到國務院承認中國股市存在股權分置的問題，並積極提出解決的方針。Of course, the credit risk of debt, after credit guarantee, can only be as good as the credit risk of the guarantor, which in turn depends on the financial strengths of the guarantor and of its shareholders
債券得到信貸保證后，其信貸風險當然最多只會相當于保證人本身的信貸風險水平，而後者又會取決于保證人和其股東的財政實力。The recommendation of the fair and equitable value measurement model, will certain relatively affect the listed companies investment achievements, the centralism manifests in the investment real estate company, the huge annual bonus firm, the companies which holding the trad 4fa e bond, the stock service company and the company which anticipated to reorganize their company ' s liabilities
公允價值計量模式的引用，將對上市公司相關投資業績產生一定影響，集中體現在持有投資性房地產的公司、持有大量法人股的公司、持有交易性證券的公司、擁有期貨業務的公司和預期進行債務重組的公司。The recommendation of the fair and equitable value measurement model, will certain relatively affect the listed companies investment achievements, the centralism manifests in the investment real estate company, the huge annual bonus firm, the companies which holding the trade bond, the stock service company and the company which anticipated to reorganize their company ' s liabilities
公允價值計量模式的引用，將對上市公司相關投資業績產生一定影響，集中體現在持有投資性房地產的公司、持有大量法人股的公司、持有交易性證券的公司、擁有期貨業務的公司和預期進行債務重組的公司。We argue that this kind of ownership transfer improve the mechanisms of corporate governance, which includes rebuilding the board of directors, creating large shareholders, constraining agents and supervising insiders. at last, the case of zhengzhoubaiwen proves our opinion again. the transfer of state - owned shares ( baiwen corporation ) to corporate shares ( sanlian corporation ) improved the mechanism of corporate governance, and enhanced the corporation value
最後，結合「鄭州百文」的案例，我們分析在其股權結構的優化過程中，國家股向法人股轉讓后對大股東再造、董事會的重構以及對代理人監督和激勵機制的作用發揮效果，認為「鄭州百文」國家股轉讓給法人股是有利於其治理結構的完善，而且也提高了企業的績效，因此進一步驗證本文提出的國家股向法人股轉讓是有利於公司治理結構完善的觀點。The share that issues on our country security market according to the stock hold a main body to differentiate, can divide for the country, legal person share and current
我國證券市場上發行的股票按照股票的持股主體來劃分，可以分為國家股、法人股和流通股。The result of empirical study indicates, though they don ' t gain long - term competitive advantage as a whole, the difference is larger between different types of m & as ; their advantage is significantly and positively related to the percentage of legal - person shares and insignificantly to that of state - owned shares or tradable shares ; those acquiring companies whose largest shareholders alter after m & a gain more advantage
實證結果表明，雖然收購公司總體上沒有獲得長期競爭優勢，但不同類型的並購存在較大的差異；公司競爭優勢與法人股東變更著正相關，與流通股比例和國有股比例的相關關系顯著；收購前後第一大股東變更的收購公司的競爭優勢明顯。At last, to illustrate the research, empirical study of a hi - tech enterprise is conducted. a suitable incentive policy is offered and the measuring of the value of human resources has been applied in it
最後，為了驗證人力資源價值計量與高新技術企業人才激勵機制相結合的科學性和可行性，本文通過實地調查，結合某高科技企業的實際情況，提出了與其相適合的虛擬股票期權的激勵方式，並將人力資源價值計量方法運用到其中。The term " income from transfer of properly " shall mean income derived by individuals from the assignment of negotiable securities, share rights, structures, land use rights, machinery, equipment, means of transportation and other property
（九）財產轉讓所得，是指個人轉讓有價證券、股權、建築物、土地使用權、機器設備、車船以及其他財產取得的所得。As revealed by the study, following problems exist : 1 ) the supply of bank capital has a close relation with the fluctuation of stock market ; 2 ) the volume of bank capital flowing into stock market is large and it is estimated that there are 450 - 600 billion of bank capital exist on stock market, 2 / 3 of which are illegal ; 3 ) most bank capital are getting into stock market through illegal channels, such as illegal repurchase of government securities, illegal acceptance and discount of trade bill, embezzlement of customers " guarantee deposit, illegal interbank loan, illegal diversion of credit capital to other purpose, etc. the inflow of bank capital to stock market has dual influences on our economy and finance
表現在： （ 1 ）據估計我國進入股市的銀行信貸資金存量在4500 - 6000億元左右，其中滯留於一級市場的資金規模約為2000 - 3000億元，進入二級市場的規模在2000 - 2500億元之間，國有股和法人股轉讓市場涉及信貸資金規模約為500 - 600億元，然而，在這千億元進入股市的信貸資金中2 3左右都是違規流入的。 （ 2 ）銀行資金入市除同業拆借、國債回購和股票質押貸款三種合法渠道外，多是通過非法渠道流入股市的，其途徑主要包括：違規國債回購、違規商業匯票承兌及貼現、挪用客戶保證金、違規拆借資金、企業違規挪用銀行信貸資金、個人違規使用銀行貸款等。Firstly, based on the theory by professor zhang weiying, the marketing ability of both pe firms and portfolio companies under pe investment is analyzed
首先是對私人股權投資經營能力的分析，這里主要應用了張維迎的企業家理論來說明私人股權投資是如何保證在私人股權投資機構和投資對象兩個層面的經營能力的。The conclusion is : ( 1 ) the profit of state - owned equity as controlling stock holder turn out to be less than share held by the legal person as controlling stockholder ; ( 2 ) proflts of companies whose controlling stock holder has the stock ranging from 30 % to 50 % turn out to be higher than that of those which have scattered or collected stock right
而在實證分析時，選取江蘇板塊上市公司為樣本進行分析，通過分析，得出這樣的結論： （ 1 ）國有股作為控股股東，其效益低於法人股作為控股股東， （ 2 ）控股股東持股比例為基本控股的公司，其效益要高於股權過于分散和過于集中的公司。Chapter six presents empirical study of ownership structure and operating performance of chinese listed companies. it analyzes their relationship through multiple linear regression and other methods on the basis of the pooled data of a share listed companies from 1994 to 2001. the conclusions from this empirical study are as follows : stock ownership concentration ch5 and operating performance show u shape ; ratio of state - owned shares is negatively related to operating performance ; ratio of corporate shares is positively related to ope
本章以1994一2001為研究窗口，選用了1994一2001中國a股上市公司的集合數據，運用多元回歸分析等方法，分析中國上市公司股權結構與經營績效之間的關系，通過實證分析得到結論:股權集中度chs與公司績效呈現u型，國家股比例與公司績效負相關，法人股比例與公司績效正相關，流通股比例與公司績效幾乎不相關，財務杠桿與公司績效呈現負相關。However, it has high morbidity rate for adult femoral fractures and the indication should be controlled strictly
而對成人股骨幹骨折並發癥較多，適應證要嚴格掌握。Acquiring a listed company by agreement can be defined as follows : in order to get the control of a listed company, an investor tries to buy enough shares of the target company by private agreement from outside of the stock exchanges. the present share structure of the listed companies in china is quite different from other countries as in which the state - owned shares are no doubt in the controlling position, which contributes to the fact of acquisition by agreement being the mainly acquisition form in china today
上市公司協議收購是指投資者為了取得對于某上市公司的控制權，而在證券集中交易場所以外通過私下協議的方式受讓該上市公司股份的行為。當前我國上市公司股權結構中國有股（包括國家股和國有法人股）處于控股地位，這使得協議收購成為我國目前上市公司收購的主要形式。Afterwards, the author recalls the struggle between the revolution and evolution in the international communist movement, pointing out that the peaceful transition and development has been the modern countries ' changing trend
隨著股份制公司的發展及其工人自己的合作工廠的建立起來，從而向共產主義這一「在保證社會勞動生產力既高度發展的同時又保證人類最全面的發展的這樣一種經濟形態」的過渡。分享友人