證券信用制 的英文怎麼說
中文拼音 [zhèngquànxìnyòngzhì]
證券信用制
英文
paper credit system-
In the model, one supposition is that the negotiant is risk neutral and rational. the other supposition is that the investors especially individual investors who acquire real information are irrational. we found irrational herding model of individual investors with the securities transaction mechanism and baye as well as the utility function of the information gainers
在模型中假設做市商風險中性且理性、知情投資者尤其是個人知情投資者為非理性，通過證券交易機制和貝葉斯學習過程以及建立非理性知情投資者的效用函數來建立非理性影響下的個體投資者羊群效應模型，得到不同情緒狀態和對信息反應程度下個體投資者賣出羊群效應發生的條件。At the same time, with china ' s financial market development and related sound legal system, we explored the asset securitization financing in the company ' s application, and using the spv through trust - based approach to securitize the assets of this kind of small and mid - sized enterprise : first, loan securitization ; second, the accounts receivable asset securitization
同時，順應我國金融市場的發展和相關法制的健全，探討了資產證券化融資方式在該公司的應用，提出通過信託型spv的途徑來進行適合該科技型中小企業融資方式的資產證券化:一是貸款的證券化;二是應收賬款的資產證券化。These manipulative actions have been regulated in chinese securities legal system, which include wash sale, match orders, manipulation by actual purchases, pool operation, intentionally spread and fiction misleading information
其實質是證券操縱者利用信息優勢、經濟力量妨礙、限制、排斥競爭的行為，破壞了證券市場的秩序。禁止或限制操縱行為對發展一個良性的證券市場具有重要作用。Thirdly, the unique techniques, such as asset packaging, true sale, bankruptcy - remote, credit enhancement, reduces the financing risk
3 .企業資產證券化特有的風險隔離機制和信用增級技術，保證了企業融資與企業整體信用風險相分離，降低了企業融資風險。Part one : this part introduces the summarization of the abs ( asset - backed securities ), which includes the conception, the basic theory, the features, the categories, the basic running process, and the circumstance of the research and development, etc. part two : the main contents of this part are the necessity and the analysis for the feasibility of the financing of securities depending on the charges of expressways, including the analysis for the feasibility of the financing of securities on the basis of the expressways " charges, the option between the two operation models, and the analysis for the feasibility of the operation of indigenization, etc. part three : this part mainly demonstrates how to design the plan of a company for the financing of securities and indigenization, which consists of the introduction of a company ' s background and the main problems to be confronted, the features of the basic assets and the analysis of the cash currency, the selection of spy, the design of trading structure, the product design of securities, etc. part four : this part discusses the financial evaluation about a company ' s design of the financing of securities and indigenization on the basis of the expressways " charges, the analysis of the risks and the analysis in general
本文的創新之處在於: （ 1 ）通過對我國《信託法》 、 《公司法》等相關法律、法規的深入研究，提出在國內現行制度框架和市場環境下，以信託方式設立特設目的機構的基本思路，並構架了類附擔保公司債信託型和信託簽發企業銷售型兩種較為滿意的本土化交易結構方案，具有一定的理論創新性; （ 2 ）將資產證券化這一金融創新工具應用到高速公路融資領域，論證了高速公路利用收費證券化融資的必要性和可行性，並提出了一個可供借鑒的操作性方案。本文可能的不足是在證券化產品設計方面由於筆者知識水平的欠缺，深感作得不是很深入，需進一步的完善和細化;另外對各種交易結構模式的設計和分析只是一種理論上的探討，到底是否有效和可行需接受實踐的進一步檢驗。論文分為四個部份:第一部份，資產證券化概述，包括資產證券化的概念、基本理論、特點、基本形式、基本運作流程、國內外研究和發展現狀等。These include a comprehensive and objective market benchmark indices system, a funds categorizing system, funds information disclosure improvement and finally setting up a standard unified database system for securities and funds market research
需要加強基金的信息披露機制，提高信息披露質量，豐富信息資料的內容，提高信息的有效交流傳播和應用。需要建設我國證券和基金市場的標準數據庫系統，為基金評價研究提供高效、方便、統一的數據平臺。The reconstructing of enterprises to stock companies and the negotiable securites exchange in the market after they come into being are revolution of chinese economy system, which has the meaning of lining out the era. the thesis is based on the transformation of chinese accounting target, and challenges to the questions of accounting information quality. on the influence of accounting rule internationalization and other aspects. the thesis affirm sufficiently the great driving function to which stock system gives in chinese accounting idea progress, at the same time it disclose the transformation background of chinese accounting system and its main content
企業股份制改造和股份公司成立后進入市場進行證券交易，是我國經濟體制的一次具有劃時代意義的大變革，同時也有力地推動了我國會計制度的變革。本文首先從我國會計目標的轉變、會計信息質量受到挑戰、具體會計準則的產生、會計思想與國際接軌等方面，充分肯定了股份制對我國會計思想的發展所起到的巨大推動作用，也在另一方面顯示了會計準則制度制定的時滯性，揭示了我國會計制度改革的背景和主要內容。Then according to the efficient - market hypothesis ( emh ), investment theory, information economics, the author systematically study the problems of the normative accounting in the security market, such as, accounting standards normalization, the relationship between the emh and accounting information, the disclosure of accounting information, and the auditing supervisions by cpas. in the end, a normative system for the accounting normalization to play a role in the composite harness of the security market set up
本文首先針對證券市場中亟待規范的問題提出證券市場會計規范的涵義和必要性，再以有效市場假說理論、投資學理論、信息經濟學為指導，分別對會計準則規范、有效市場假說與會計信息的關系、會計信息披露制度規范和審計監督在會計規范中的重要作用做了深入的研究。These measures include : make the system of securities laws to perfect, consummate the institutions of the legal person in the listed companies, base securities regulatory authority to regulate the securities market according to law, maintain order of the securities market and ensure the lawful operation of the same, reinforce continuing disclosure of information and the system of financial and accounting reports, make the listed companies shall immediately submit an ad hoc report on the details of such major event to the securities regulatory authority and to the stock exchanging and the same known to the general public, promote investors consciousness of protecting themselves and consummate the civil litigation mechanism to gain compensation and damages, make use of the press to supervise the stock market and reinforce punishment to the persons who act securities fraud
在這些原則的指導下，本文提出了一套規制證券欺詐的具體法律措施.包括健全證券法律體系，做到證券欺詐的規制有法可依;完善上市公司的法人治理結構，建立完善的證券監管體系，尤其對證券業協會的性質、功能和職責從法律上給予明確界定以確保充分發揮證券行業的自律作用，最大限強化信息披露責任，嚴格會計制度，力求信度地避免證券欺詐行為發生;強化信息披露貢任，產格會計刷度，刀水侶息準確，披露及時;增強廣大中小投資者的自我保護意識，完善賠償訴訟機制;依法賦予新聞媒體輿論監督權，充分發揮新聞媒體監督作用;深入研究證券欺詐者心理規律，加強法律懲治力度Owing to institutional, cultural, social and policy - triggered factors and the resulting opportunistic motives of organizations and individuals, there are abundant behaviors breaking laws and violating discipline, such as misrepresentation, earnings management, purchased auditing, fraudulent auditing, false information transmission, insider trading and etc, in the process of information transmission in china ' s securities market. as the result, market efficiency is undermined, both interests and confidence of investors are impaired
由於機構和個人的機會主義動機及其背後的經濟制度因素、歷史文化因素、社會因素、政策性因素等誘因，我國證券市場信息披露、信息傳遞和信息運用過程中存在著比較嚴重的虛假陳述、盈利操作、購買審計、審計舞弊、虛假或不實信息傳遞、內幕交易等利用不對稱信息優勢謀取私利的違法違規行為，證券市場有效性大大降低，投資者（尤其是中小個人投資者）的利益受到侵害，投資者對證券市場的信心開始動搖。In china, experts in laws ever studied company credits, who claimed that company credits included human credits and capital credits, and that " capital credits are the soul of a capital company ". in company law of the p. r. china and securities law of the p. r china, both legal actual capital system and legal minimum capital limits embody the theory
我國法學界對公司信用有所探討，認為公司信用的基礎包括人的信用和資本信用，而「資本信用是資本企業的靈魂」 ，這種理論在我國《公司法》和《證券法》中體現為法定實收資本制和法定最低資本限額。The thesis is made up of five chapters, the first chapter introduces china ' s background of consumer credit ' s development, the major risks and brings forward the central issue ; the second chapter researches the risk caused by the uncertainty of consumer ' s behavior and the controlling measures ; the third one studies the uncertainty of consumer ' s repaying ability and the relative anti - risk measures ; the fourth one researches how to control consumer credit risks ulteriorly, through assets securitization technology after credit is offered ; the fifth chapter describes the risk caused by the uncertainty of consumer credit market circumstances, which is called interest rate risk, and the measures of controlling it
要控制消費信貸的風險，就必須找出解決這些不確定性因素的措施，本文分五章對這些風險控制措施進行論述，第一章介紹我國發展消費信貸的背景，以及消費信貸面臨的主要風險，並提出了本文的中心論點；第二章研究由於消費者行為的不確定性而導致的風險及其抑制措施；第三章研究消費者償還能力的不確定性以及相應的風險控制措施。第四章研究的是，在消費信貸發放后，如何通過資產證券化技術進一步控制消費信貸資產的信用風險。第五章研究由消費信貸市場環境的不確定性導致的風險，即消費信貸的利率風險，以及相應的風險控制措施。There are so many obstacles to development of mbs china is facing with. for example, under - development of financial market, the lack of social credit status, the obstacles of taxation and accounting arrangement
我國正處在證券化的孕育和突破階段，金融市場不夠發達，社會信用制度基礎較差，中介機構的服務不能滿足需要資產證券化的需要，相應的法律、稅收制度也不夠完善。First, the author reviewed the related literature of asset securitization, explained the connotation and the economical significance of asset securitization from many angles, analyzed several essential technologies of asset securitization through using the enterprise financing theory, the financial theory, the system economic theory and the law of averages, constructed a flow chart to analyze the structure and the flow of the operation of asset securitization ; then the author analyses the overseas development tendency as well as the overseas concrete procedure of non - performing loans securitization, proposed several enlightenment ; once more, the author analyzed our country ’ s feasibility of npls, then elaborated emphatically the operation thought of npls of our country commercial bank : regarding the establishment of spv, thought that it most suit the our country current national condition current through pouring the capital to adopt company spv the pattern in our country by the national property management company, and elaborated how to construct and manage the property pond, put forward many kinds of ways of credit enhance for non - performing loans, thought it is the best choice that the product of npls is designed for cmo, the senior bond adopts the public issue, the secondary bond adopt private issue
首先，本文回顧了資產證券化研究的相關文獻，從多個角度闡釋了資產證券化的內涵和經濟意義，運用企業融資理論、金融理論、制度經濟學理論和大數定律剖析了資產證券化的幾項關鍵技術，構建了一個資產證券化流程圖來分析資產證券化運作的結構與流程;接著通過分析國外不良貸款證券化發展趨勢以及具體做法，提出了幾點啟示;再次，分析了我國不良貸款證券化的可行性，然後著重論述我國商業銀行不良貸款證券化的運作思路:對于spv的設立，認為在我國由國家資產管理公司注資採取公司型spv的模式最適合我國當前的國情;並論述了資產池的構建與管理;提出了對不良貸款進行信用增級的多種方式;認為將不良貸款證券化產品設計為抵押擔保債券，高級債券採取公開發行，次級債券採取私募發行是最佳選擇。With the development of society, currency system evolved into credit system and security form, which in turn greatly increased the economy efficiency and at the same time, greatly improved the configuration of the resource of the whole society
隨著社會的不斷進步，貨幣制度進一步完善和發展，進而演進為信用制度和證券化形式，社會經濟運行效率獲得極大的提高，社會資源得到更合理的配置。In the fifth part, the author puts forward some proposals, for instance, rebuilding the confidence basis, upholding the rules of transparence, fairness and impartiality, reforming the regulation idea and improving the relative systems
第五部分主要就中國證券市場內幕交易的監管提出了重建我國證券市場的信用基礎、維護規則「三公」 、變革市場監管理念和完善相關基礎制度改善對策。In addition, it is the effective measure for promoting the development of consumption credit of china to transfer and dispel the risk of consumer credit by insurance and security, to construct collateral institution supported by the government, to exert market - oriented interest rate reform of consumer loans step by step, to claim the additional penalty interest rate for ahead - payment and to apply the scientific technology for managing the risk of the consumer credit
還可以通過保險和證券化來轉移和分散消費信貸風險，通過建立政府支持的住房貸款擔保機構，放開消費信貸利率，對提前償還加收罰息等等方式來控制或分散消費信貸風險，並用科學的方法管理消費信貸風險。這些方法都是中國促進消費信貸發展的有力措施。 j . p . morgan和合作機構開發的「信用度量術」 ? ? var方法可以在消費信貸貸前、貸中和貸后的管理決策中得到應用。As we all know, listed company is the basic ingredient of security market and its credit and quality is the base of security market. in order to make our security market prosperous, we should build the credit system, especially the credit system of listed company
上市公司作為證券市場的基本組成細胞，其信用和質量是證券市場的基石，要使我國的證券市場走出低谷，就必須構建證券市場的信用制度，尤其是上市公司的信用制度，重拾投資者的信心。Through learning from relevant countries and regions ’ stock market credit transaction risk control mechanisms, i intend to give some modest proposals on our securities transactions legal system to control risks the article is divided into three chapters : in the first chapter : securities margin trading outlines
法律控制滲透了證券信用交易的每一個環節，是證券信用交易風險控制的關鍵因素。本文首先分析了證券信用交易對證券市場乃至金融市場體系的積極功能與潛在風險並存的雙面性，對我國證券信用交易的現實進行了概括。Securities margin trading is a credit to buy space for the operation of the securities and short selling of securities transaction type
其次介紹了目前在世界范圍內運行成熟的典型的證券信用交易風險控制模式。分享友人