資本市值 的英文怎麼說
中文拼音 [zīběnshìzhí]
資本市值
英文
market capitalization-
Takeover offer for listed companies is the universal way to take over listed companies in modern company ' s system. in the process of taking over the listing company, minor shareholders are always in the inferior status. protection of minor shareholders " rights is an important value objective of system of takeover. how to standardize takeover offer for listed companies for protecting of minor shareholders benefit is the problem that legislation will solve and that should also be paid attention to on judicial practice. relatively typical type of takeover by offer appeared in capital market, the protection of minor shareholders ’ interests in the target company has become the purpose of legislation and added some protected measure of minor shareholders ’ interests, but the expected goal has not been achieved completely. so it is necessary to establish a perfect system to protest minor shareholders ’ interests in the target company. so we should learn more from precedent experience of legislation and perfect the relative laws and regulations on tender offer, strengthen the protection to minor shareholders, equipoise the rights and obligation of all interested parties in tender offer
中小股東合法利益的保護是要約收購制度的重要價值目標。如何規范上市公司要約收購，保護目標公司全體股東特別是中小股東的利益，既是立法要解決的問題也是司法實務中應當關注的問題。我國的資本市場上出現了較典型的要約收購方式，立法也以目標公司中小股東利益的保護為主要價值取向，創設了一些中小股東利益的保護措施，但從其運作效果來看，在要約收購中目標公司中小股東的利益仍未得到有效的保護。Government ' s monopoly of capital market also leaded to the " shell " value of listed company which is irrelative to the company ' s invest value, which made the higher general price in the market. in addition to, the structure of investors which is consisting of many individual investors and few institution investors lets it easy to manipulate the stock market for the institution investors. according to the origins of the systematic risk, it is necessary to improve the market mechanism and market efficiency to eliminate the system root of the risk to decrease the risks
突出地表現在：資本市場服務于國企轉制，造成上市公司股權結構存在缺陷，致使公司治理失效，上市公司缺乏持續發展的能力，公司經營風險轉化為市場的系統性風險；政府對資本市場準入的行政性壟斷，形成上市公司「殼」價值，虛高股票市場價格，引發系統性風險；金融市場分割，特別是貨幣市場資金缺乏進入資本市場的正常渠道，利率市場化水平低，影響金融資產定價，導致違規融資盛行，加大了市場風險；而由於市場監管不到位，以散戶為主的投資主體結構，則易導致機構大戶利用內幕信息操縱股價，機構投資者的發展不僅沒有成為穩定市場的力量，反而成為操縱市場的主力，加劇了市場波動。In 1958, two economist modigliani and miller proposed famous mm theory. they argued that capital structure has no effect on enterprise value in the completely competitive capital market later on, many papers about enterprise finance have analyzed capital structure in terms of tax capital cost agency cost and incomplete contract because completely competitive market does not exist in reality, capital structure has particular function on interior message stimulation mechanism and control righto this article just discusses these aspects, that is, studies governance structure reform in terms of capital theory
1958年，兩位經濟學家modigliani和miller提出了著名的mm理論，其大意是，在完全競爭的資本市場上，企業的資本結構不影響企業的價值。此後，許多有關企業金融的文獻分別從稅收、資金成本、代理成本、不完全契約等方面對企業資本結構的設計和功能進行了分析。由於完全競爭的資本市場在現實中並不存在，資本結構在向外部的投資者顯示企業內部的信息、決定控制權的安排及提供激勵等方面，都有其特殊的功能，從而影響乃至決定企業的價值。An increase in the market price of an a et. also called capital a reciation
一項資產市場信息人格的上升，又叫資本升值。Third, we conduct an examination of whether eva is more highly associated with corporate market value than conventional accounting - based measures such as roe, eps. cfo and nl, using data of chinese listed companies of telecom industry over the period 1998 - 2002
本文從理論上證明eva適合通信業上市公司的業績評價；並用eva指標對中國通信業上市公司的價值創造能力進行了分析。但是經濟增加值方法在西方的興起是以西方股東價值革命和資本市場的成熟為前提的。This says regarding our country market economy development and the modernization, the new company law will provide the more superior investment condition and the environment for the investor, will encourage each kind of social main body the investment behavior, effectively will develop the society to invest the resources and the expansion investment channel, will impel the company enterprise the establishment and the development, will create the more employment opportunity for the society and effectively alleviates the employment pressure, and will promote our country entire market economy healthy development by this
例如新公司法允許設立一人公司，從片面強調資本信用到兼顧資本信用和資產信用的立法理念的調整，降低了企業設立的門檻，放鬆了對公司的國度管制，大幅度地降低了公司設立的最低注冊資本，放寬了股東出資形式的限制，允許出資的分期繳納，取消了公司轉投資的限制。這些規定都是鼓勵投資價值理念的具體體現，新公司法的出臺，將會推動公司的設立，促進資本市場的發展和繁榮，並依此促進社會主義市場經濟的發展。The first funds management joint venture had been set up in october this year. funds market in china is enjoying another golden time with rapid growth and enormous development potentials. in face of increasing variety of funds with differing return and risk characteristics, investors get more and more concerned about how to select the proper funds that can best cater to their investment needs and risk tolerance
建立一個公允準確的衡量基金風險、收益表現，比較不同基金投資價值，反映基金經理和基金管理公司投資效率和管理水平的基金評價系統，已經成為維護投資者利益，保障基金業健康發展公平競爭，完善促進我國證券投資基金市場乃至整個資本市場建設的重要內容和迫切需要解決的關鍵課題。The fund seeks to provide capital appreciation through a managed portfolio of shares in companies quoted on the stock exchange of hong kong limited
本基金是旨在透過一個專業管理的香港聯合交易所有限公司上市公司股票投資組合來提供資本增值。Depository receipts and american depository shares that are listed on the major u. s. exchanges
透過投資於美國證券交易所上市之美國股票證券，美國預?證券和美國預?股份以謀求資本增值。The first hypothesis is true according to the pd of 1 - year and pds of each quarterly in one year before special treatment and the second hypothesis also is true in three quarterlies before a corporation is specially treated. default probability of a specially treated corporation is high and tends to increase as time near the exposure date. 2. kmv model has a capacity of discriminating the bad borrowers from good borrowers. 3. volatility of market value of asset is determinant of default probability
本文得出的主要結論有: （一）假設一在特別處理前一年及各個季度內成立，假設二在特別處理前三個季度內成立，我國資本市場中的特別處理公司具有較高的違約概率且隨著時間向特別處理實施日期逼近違約概率增加; （二） kmv模型具有較強的對違約債務人的識別力; （三）影響違約概率的主要因素是公司資產價值波動率。For the social pension insurance, at present the pension fund, as a institutional investor, should be brought into our capital market by moderately - collected pattern under the supervision of the government, which on the other hand will entrust the investment of fund to fund management corporations in order that these corporations can use some financial tools to maintain the security and profitability of the pension
本章總結了實現基本養老基金保值、增值的思路。這就是中國現階段在主管機關的監督下，採用委託投資管理模式，以適度集中之方式進入資本市場，運用若干投資工具，達到養老保險基金保值、增值的目的，從而有助於養老保險體制在一定的人口條件、財政條件以及體制條件下實現可持續發展。From the second to the fifth chapter such problems concerning state - owned property right are illustrated respectively as its definition, valuation and price fixing and capital sources of undertaking party and the disposal and use of transfer income. problems are raised with regard to the process of current property right system diversity in state - owned enterprises, such as the disagreement to the definition of state - owned property right, no standard of evaluation, imperfection of price fixing system and relative confusion of transfer income disposal and use. what ' s more, new solutions are offered : the probe into state - owned property right definition " changsha model " is confirmed positively ; two specific ways of quantification - - " the method of average growth rate of state - owned property right " and " the method of average cost of labor in market " ; the concept " present value of earnings " is applied to the property evaluation of receivable accounts, finished goods, invisible assets and so on ; the unjust in price fixing of state - owned property right can be avoided by improving property valuation methods, perfecting capital market especially property right trading market and bettering information publishing system ; as to the guarantee problem of human resources financial contribution, an original key is offered
第一章運用產權理論對國企產權多元化改革進行經濟學分析；第二章至第五章主要圍繞國有產權的界定問題、評估問題、定價問題、承接方的資金來源問題、轉讓收入的處置運用問題分別進行闡述，指出了當前國企產權多元化過程中存在著國有產權界定不統一、評估不規范、定價機制不完善、處置運用相對混亂等諸多問題，並提出新的解決思路：肯定國有產權界定「長沙模式」的積極探索意義，提出量化職工創造剩餘價值的「國有資產平均增長率法」和「平均市場勞動成本法」 ；將「收益現值」概念運用到對應收賬款、產成品、無形資產等資產評估之中；應從完善資產評估方法、完善資本市場特別是產權交易市場和健全信息公開機制三個方面來解決國有產權定價不公問題；就人力資本出資的擔保問題提出實際債務承擔額（比例）應小於名義出資額（比例）的新思路，並認為人力資本市場上的交易價格應包括絕對出資額和相對出資額兩部分。It operates one of the busiest container ports in the world in terms of throughput, and also one of the busiest airports both in terms of the number of passenger and volume of international cargo handled. it is the world s eighth - largest banking centre in terms of external banking transactions, and the seventh - largest foreign exchange market in terms of turnover. its stock market is asia s second - largest in terms of market capitalisation
香港現時是世界第八大貿易實體；以吞吐量計算，香港的貨櫃港是全球其中一個最繁忙的貨櫃港；以乘客量和所處理的國際貨物量計算，香港的機場也是世界最繁忙的機場之一；以對外銀行交易量計算，香港是世界第八大銀行中心；以成交額計算，香港是第七大外匯交易市場；以資本市值計算，本港的股票市場是亞洲第二大市場。Total market capitalization
資本市值總額As at march 2005, 205 companies were listed on the gem with a total market capitalisation of 65. 3 billion us 8. 37 billion
截至2005年3月，共有205間公司在創業板上市，資本市值總額達653億元83 . 7億美元。At the end of april 2002, more than 125 companies with a market capitalisation of almost hk 70 billion us 9 billion were listed on the gem
至二零零二年四月底，在創業板上市的公司超過125家，資本市值總額接近700億港元90億美元。At the end of april 2002, more than 125 companies with a market capitalisation of almost hk $ 70 billion ( us $ 9 billion ) were listed on the gem
至二零零二年四月底，在創業板上市的公司超過125家，資本市值總額接近700億港元（ 90億美元） 。At the end of march 2005, 1 096 public companies were listed on the hong kong exchanges and clearing limited with a total market capitalisation of 6, 571. 4 billion us 842. 4 billion
截至2005年3月底，在香港交易及結算所有限公司香港交易所掛牌的上市公司有1 096間，資本市值總額達65 ， 714億元8 ， 424億美元。Weighted market capitalization
加權資本市值Hong kongs stock market is one of the worlds largest in terms of market capitalisation
以資本市值計算，香港股票市場是全球最大的股票市場之一。分享友人