非結購性 的英文怎麼說
中文拼音 [fēijiēgòuxìng]
非結購性
英文
non-structured-
On one side, tncs " m & a practices constitute a external force pushing china ' s further soes " reform, such as diversification of corporate ownership, enhancement of corporate governance structure, effective incentives mechanisms for corporate managers, upgrade of domestic enterprise ' s international competitiveness, introduce of competition mechanisms in monopoly industries, and so on. on the other side, tncs " m & a practices may bring some potential risks, such as soes " losing dominant position in strategic industries, costs of m & a failures, less employment opportunities, risks of embezzlement of stated owned assets, and tncs " abuse of market power
五、跨國公司對中國企業的並購猶如一把雙刃劍，一方面它將有利於國有產權的多元化、公司治理結構的完善、控制權市場的形成、經營者的有效激勵約束、企業國際競爭力的提升、以及壟斷行業競爭機制的引入；另一方面，它也會產生各種風險，如國有經濟戰略性地位喪失的風險、整合失敗的風險、就業減少的風險、國內資產流失的風險、以及跨國公司非競爭性行為發生的風險等。Three phase dry type power transformer, which make it with those features : safety, reliability, and energy saving, fireproof, flameproof, simple maintenance etc., the design is advanced ; the structure of products is reasonable and the outline is fine, the main performances of the products are much better than the national standards, for example, partial discharge level no - load loss, on - load loss, noise level, it is adaptable for application on heavy humidity and severely pollute places which are near to lake, sea and rive, as well as, high demand - fireproof, heavy load capacity place, such as : high building, airport, station, port, underground, hospital, electrical power station, metallurgy, shopping center, residential area and petroleum chemical industry, nuclear power station, nuclear - powered submarine
非包封線圈三相干式變壓器，具有安全可靠節能防火防爆維護簡單等優點。其設計先進結構合理外形美觀。主要性能指標均優于國內標準，如局放水平空載損耗負載損耗噪聲以及能適應高溫度環境使用等，可安裝在靠近湖海河邊污穢潮濕的環境及防火要求高負荷較大的地區，適用於高層建築機場車站碼頭地鐵醫院電廠冶金行業購物中心居民密集區以及石油化工核電站核潛艇等場所。The study shows the characteristics of goodwill are that : ( 1 ) it is the present value of extra - profit of corporation ( 2 ) it is an intangible assets ( 3 ) it is uncertain and risky ( 4 ) the usage is limit and the formation and variance of value is special compared to other assets. as to the recognition and measurement : ( 1 ) we should conceal combined variance item in combined statement when the goodwill is formed in the mode of controlling combination in order to conform to the international principle ( 2 ) the recognition of self - constructed goodwill is necessary ( 3 ) we should make impairment evaluation to revise amortization when we start to amortize after its first recognition ( 4 ) we attach more importance to un - direct measurement approach on present stage ( 5 ) direct measurement approach can be adopted to self - constructed goodwill, while for goodwill - purchased, it may be reference only, we should adopted un - direct approach to recognize. the accounting process of positive and negative goodwill are that the former should conform to the systematic amortization method.,
2商譽的確認、再確認與計量： u ）對我國而言，以控股合併方式下形成的外購商譽在合併報表中的處理應遵循國際慣例，取消合併價差項目； （ 2 ）從資產的確認標準以及會計原則等多個角度來看，確認自創商譽非常必要； （ ）商譽在初始確認后，應對購買商譽進行攤銷的同時，並進行商譽的減損評價，使減損評價起到「修正」攤銷的作用： （ 4 ）直接計量法與間接計量法是計量商譽的兩種方法，現階段只能是計量的科學性讓位於計量的難易程度，採用間接法計量商譽； （ 5 ）隨著近年來自創商譽入賬的呼聲日益高漲，若要將自創商譽入賬，顯然只能採用直接計量法計量其價值，而對外購商譽，可以先以直接計量法的計算結果作為重要參考，然後再用間接計量法計算的結果對商譽登記入賬。Under this circumstance, our treasury bond market exits lots of shortfalls which impede further development for this market. in this essay, combining with the experience in developing country " s experience, it analyses some challenges which confronted chinese bond market, such as liquidity in the interbank market has yet to be improved, duration in bond products are yet to be rational, a sound yield curve is yet to be take shape, the separation between exchange and interbank yet to be broken. in order to solving above issues, this essay suggests that it should develop market maker system to increase market liquidity ; manage balanced treasury bond ; issue short and long term treasury bond in proportion to improve duration and yield curve ; develop bond derivative products such as future trading, open style repurchasement, so it can provides tools for risk protection
但隨著我國經濟的快速發展，金融市場已今非昔比，中國成為了世貿組織的成員，中國資本市場要走向國際化，利率的市場化是大勢所趨，在此前提下，我國國債市場還存在著很多不足，越來越阻礙著國債市場的進一步發展，本文結合世界發達國家的先進經驗，剖析了我國國債市場存在的一些問題如：流動性有待改善、國債期限結構不合理、無法形成科學合理的益率曲線、交易所市場與銀行間市場割裂等，為解決這些問題，本文建議應發展做市商制度以提高市場流動性；實施國債余額管理，發行短期國債及長期國債，改善國債期限結構，以形成科學合理的收益率曲線；發展債券衍生金融創新工具如國債期貨交易、開放式回購等，為投資者提供避險工具等等。In the aspects of choice that make the price method, because of canning compare the company analysis method with can compare the bargain analysis method must have the prosperous capital market, more case example, lack domestic current the bargain of the state - owned property to say, very much the enough case example props up. and buy the market multiple analysis method analyze first public of and buy the market bargain multiple, and usually is trading the scale to ascend to take into the restrict with the industry category, for example, can be provided as analytic bargain a bargain for being limited by this front in six months, target company in the electric power profession, the scale limit in 50, 000, 000 dollars including, this kind of method and ca n ' t provide the help of high times. but the dividends usuallies convert into cash to analyze the method to get the analysis of the bonus from the target company to the value that get the target company. the above method exsits current state - owned property make price very much the localization of the different degree, the past a text tries to use value analysis method as to lends support to the method, the cash discharge converts into cash to analyze method ( the method of dcf ) as the main method, the certain state - owned property procures the price. among them, use the cash discharge converts into cash to analyze the method makes sure the income is after procuring, value analysis the method gets of result the conduct and actions manages with state - owned property the section to make the basis of the price for the state - owned property, two kinds of methods is mutually combinative, make sure the state - owned property procure the price
以上方法對于目前國有資產的作價都存在不同程度的局限，故本文嘗試用賬面價值分析法為輔助方法，現金流量折現分析法（ dcf法）為主要方法，確定國有資產收購價格。其中，用現金流量折現分析法確定收購之後的收益，賬面價值分析法得到的結果作為與國有資產管理部門就國有資產作價的依據，兩種方法相互結合，來確定國有資產收購價格。同時論文對國有企業收購整合的模式作了積極的探索，地方電力公司投資新的水利發電項目往往同時有一部份是排灌、防洪等非經營性的，或稱為公益性的無收益項目，論文對新建項目的經營性資產與非經營性資產合理比例作了深入的探討，重慶大學碩士學位論文並建立了分析模型，對于新項目的投入資金結構進行了較為深入的分析，並建立了相應的項目融資模型。The writer mainly uses the financial ratio analytical method and the most popular approaches in determining the international banking efficiency ? the efficient frontier approaches, in which this paper choose one of the non - parameter approaches, data envelopment analysis ( dea ), to evaluate and analyze the above four banks ’ changes in efficiency before and after mergers during 1999 - 2004, and it also makes an omni - directional comparison from many angles, with quantitative and qualitative analysis
通過綜合運用財務比率分析方法和國際銀行業效率分析中比較流行的前沿分析方法中的非參數分析方法? ?數據包絡分析法（ dea ）對上述四大銀行在1999 - 2004年間銀行並購效率的變化情況進行了全方位、多角度、動靜態相結合的定量和定性比較分析。This paper is intended to provide an explorative study on mbo, employing comparative analysis and case study. my research shows : the price of transferred shares is relatively low, while has its reasonability ; the mbo financing result in high financial risk ; present evidence does not support the view that mbo has a negative effect on the companies " performance ; and on average the mbo companies do not have over - dividend behaviors
本文的分析表明：我國上市公司管理層收購過程中的非流通股轉讓定價偏低，但偏低的價格具有一定的合理性；管理層收購存在比較大的融資風險；當前仍不能做出管理層收購對上市公司績效有負面影響的結論；實施管理層收購的上市公司整體上沒有異常的分紅派現行為。The difference is that domestic mbo is the result of institutional transition, but the overseas mbo is the competitive choice, and in china the price difference in share transactions makes managers have the goal to acquire the profits. this article analyzes the game relationship of mbo in china, and proves that the root caucus of china mbo non - prohibiting for the different behalves between local government and national assets management department, and between the representatives of state stockholders and managers. this paper makes an empirical analysis of the mbo performance of 26 listed companies in china and proves that mbo are beneficial to improve company ’ s performance, and further we analyze the problems, which exist in china mbo, and gives some suggestions, we think that the rational action to mbo is to give proper guides, instead of prohibiting it simply
本文應用委託代理理論、人力資本理論和產權理論等對中西mbo動因進行系統的比較分析，得出結論認為中外mbo具有相同的激勵動因，都是知識經濟時代智能資本獲取企業所有權的企業權力安排形式，不同的是國內mbo是制度轉型的結果，而國外mbo是競爭選擇的結果，同時由於我國mbo存在股權交易價差，管理層具有獲取價差的直接動機;本文運用博弈論的方法對我國mbo 「禁而不止」問題進行分析，分析結論認為國資監管部門與地方政府和國有股東代表與管理層之間的利益差異是導致當前我國mbo 「禁而不止」的根本原因;文章通過對我國26家上市公司mbo並購績效的實證分析，得出結論認為mbo有利於公司績效的改善，進而文章對當前我國mbo存在問題展開分析，並提出幾點建議，我們認為當前對我國mbo的理性做法是適當引導，而非簡單禁止。The paper want to solve one of the problem, using how to supply the pubic houses as the core part, and mainly analyzing its good and bad of the supply model of public houses. analyse the government heavily constructing housing, using private houses, government buiing houses, reassure government houses as pubilic housing, using the vacant houses as public houses and so on, analyzing these supply model ' s influence on real estate market, government " s financial pressure, and the management of the public houses, and at last use the nsfdss ( non - structure fuzz decsion surport system ) apprasial method apprise these suppling model. connecting the facts of xi ' an, analyse the fitfull of the result
本文主要以廉租房保障制度實施中存在的問題之一? ?廉租房房源提供方式的優劣勢比較分析為核心內容，對廉租房的供房模式：政府集中興建、利用私房、政府出資購房、公房認定、利用空置房轉化等模式進行優劣勢比較分析，分析這些供房模式各自在推動房地產市場、減輕政府財政壓力、廉租戶管理、廉租房推出機制形成等方面的優劣勢，並利用nsfdss （非結構化模糊決策支持系統）評價方法綜合評價排序各供房模式，並結合實際情況對西安市實施廉租房制度時採取的供房模式進行適應性分析，為決策者決策選擇的理論指導依據，促進廉租房的發展。The model shows that the existence of rent - seeking activities ( dup ) resulting in the m & a of bankrupts, and sometime happen even more easily. the model explains it according to the economical theory that each social group maximizes their expected utility
模型的結論是由於尋租（即dup ，尋求直接的非生產性利潤） ，使得困難企業的被購並成為可能，甚至比非困難企業的購並更容易實現。The cross - border m & a and economic globalization have been developed in spirals, and the spiral trends will continue
跨國並購和經濟全球化的發展並非一帆風順，但「螺旋性上升」的趨勢不會終結。分享友人