非股權式 的英文怎麼說

中文拼音 [fēigǔquánshì]
非股權式 英文
nonownership
  • 非 : Ⅰ名詞1 （錯誤） mistake; wrong; errors 2 （指非洲） short for africa 3 （姓氏） a surname Ⅱ動詞1 ...
  • 股 : Ⅰ名詞1 （大腿） thigh; haunches 2 （機關、企業、團體中的組織單位） section of an office or enterp...
  • 權 : Ⅰ名詞1 [書面語] （秤錘） counterpoise; weight （of a steelyard）2 （權力） power; authority 3 （...
  • 式 : 名詞1 （樣式） type; style 2 （格式） pattern; form 3 （儀式; 典禮） ceremony; ritual 4 （自然科...
  • 股權 : stock right股權合營 equity joint venture; 股權價值 value of stock right
  1. Concretely speaking, the stock of listed company, because of its existence free of paper and the electrical trade style, should be registered at the stock exchange and on the register of members ; to the stocks of non - listed company, if they are order stocks, they should be transferred to the pledger with endorsement and also be registered on the register members ; if non - order stocks, they should be transferred to the pledger directly. another one is how t o optimize the register member. the third part expounds the legal effects

    因此對有限公司股權質押而言，應移轉股單于質權人佔有；對股份公司股票因其是否上市而不同，對上市公司股票因其存在形式的無紙化及交易的電子化而且是記名性股票，所以需要在法定的證券交易場所和公司股東名冊上進行設質登記；對于非上市公司的股票因其以紙面形式存在，如果是記名股票則需要在股票上進行背書並移轉于質權人佔有，以及在公司股東名冊上進行質押登記；如是無記名股票，則需在證券交易所將股票交付質權人佔有。
  2. In a effective marcket price is a synthetical result of many factors, so this paper focuses on price to research the operation of covered warrant in hongkong and to find the best model for hongkong. by analyzing the development, operation, management, pricing model in hongkong, this paper designs and adjusts details of operation for covered warrant in mainland. finally this paper offers a solution using covered warrant to implement the circulation of non - circulation share and demostrates the method to calculate parameters via two samples

    在一個有效的市場中，價格是各種因素的綜合反映，因此本文以價格為核心，通過定價模型的回歸分析發現香港市場備兌權證的最佳模型，從中揭示香港的市場特徵並評價其運作效果；借鑒香港的實踐經驗，對內地引進這一金融工具的運作模式作了方案設計，並結合內地證券市場的實際情況，對該模式作了一定的改進和調整；最後針對內地股市非流通股的全流通問題，設計了一套通過備兌權證補償投資者損失和平抑市場波動的方案。
  3. Notwithstanding condition 5. 4, unless and until the bank receives any instructions to the contrary, the bank shall be authorised to present to the extent that the bank has actual notice thereof for payment all securities which are called, redeemed or retired or otherwise become payable and all coupons and other income items held by it for the account of the customer which call for payment upon presentation and shall hold such cash as is received by it upon such payment for the account of the customer ; hold for the account of the customer hereunder all stock dividends, rights and similar securities issued with respect to any securities held by it hereunder ; exchange interim receipts or temporary securities for definitive securities and hold such definitive securities for the account of the customer ; and deduct or withhold any sum on account of any tax required, or which in its view is required to be deducted or withheld or for which it is in its view, liable or accountable, by law or practice of any relevant revenue authority of any jurisdiction

    盡管有第5 . 4 a條之規定，除非及直至本行收到任何相反之指示，本行將被授權i只限於本行有實際通知之范圍內把所有被催交贖回或收回或其他成為應支付之證券及所有息票及由本行代客戶之賬戶而持有並在出示時成為應付的其他收入項目出示以取得付款，及在取得該付款後代客戶之賬戶持有該些現金ii在此等條件下代客戶之賬戶持有一切就本行在此等條件下所持有的任何證券而發行之股票股息優惠認股權證及類似證券iii以中期收據或臨時證券兌換正式證券及為客戶之賬戶持有該正式證券及iv扣減或預扣任何稅務規定之款項或本行認為須扣減或預扣之款項或本行認為根據任何司法管轄權區之任何有關稅務機構之法律或慣例須支付或負責之款項。
  4. Article 82 in the case of establishing a joint stock limited company by sponsorship, upon the sponsors ' full subscription in writing for the shares to be issued as prescribed in the articles of association, the sponsors shall promptly pay the share proceeds in full ; where tangible goods, industrial property, non - patented technology or land use rights are contributed in lieu of money, the property rights therein shall be transferred in accordance with legally prescribed procedures

    第八十二條：以發起設立方式設立股份有限公司的，發起人以書面認足公司章程規定發行的股份后，應即繳納全部股款；以實物、工業產權、非專利技術或者土地使用權抵作股款的，應當依法辦理其財產權的轉移手續。
  5. This video is not an offer of securities for sale or an invitation to purchase securities in hong kong, the united states or elsewhere. securities of mtr corporation limited may not be offered or sold in the united states absent registration or an exemption from registration, and any offering of securities to be made in the united states will be by means of a prospectus that may be obtained from the issuer or selling security holder and that will contain detailed information about the company and management, as well as financial statements

    財政司司長曾蔭權本錄影帶並非在香港、美國或其他地區出售證券的建議或購買證券的邀請。地鐵有限公司的證券不可於注冊或獲豁免注冊前於美國發售或出售，而於在美國進行的任何證券發售將會以刊發招股書的方式進行，投資者應可向發行公司或售出證券的持有人索取招股書，當中載有公司及管理層的詳情及財務報表。
  6. However revised newly the law of corporation acme of perfection, still had many problems by no means, for instance the independent trustee and the board of supervisors coexisted legislation pattern whether reasonable, state - owned sole ownership company whether could not suppose the shareholder meeting, not pick the authorized capital system, but has adopted the system which the shareholder invested pays by stages is whether reasonable, the deletion transfers the investment limit related to stipulate whether suitable, a human of company ' s establishment whether really could promote the investment and so on

    然而新修訂的公司法並非盡善盡美，仍然存在不少問題，比如獨立董事和監事會並存的立法模式是否合理、國有獨資公司是否可以不設股東會、未采授權資本制，而採取了股東出資分期交納的制度是否合理、刪除轉投資限制的有關規定是否適當、一人公司的設立是否真能促進投資等。
  7. Because the return rate has many good characters such as the following, we estimate the return rate by use of the characters. theorem 1 [ 20 ] set kernel function k ( u ) and density function f ( x ) satisfy the following conditions

    第三部分研究在收益率不服從正態分佈的情況下用核估計方法對股票的收益率密度做出估計，然後算出在期滿日時的股價，再用非參數估計方法對歐式看漲期權價值進行評估
  8. Firstly, this article summarizes consideration modes appeared in share structure reform into 3 kinds, including share adjustment, cash payment, and warrants issuance, and proves that consideration modes of share adjustment are completely equivalent to each other, and that consideration modes of share adjustment are equivalent to cash payment and cash payment is equivalent to warrants issuance when we neglect some subordinate conditions. then it is concluded that when we neglect the subordinate conditions, all kinds of consideration modes can be unified as anyone of them, and comparison between different simple or even complex consideration modes can be made. thus all kinds of considerations can be converted to a discounted ratio of stock price decline to figure consideration price of any listed companies paid in share structure reform

    本文首先將股權分置改革中的對價方式歸納為股本調整類（非流通股股東向流通股股東送股、非流通股縮股、流通股擴股） 、現金對價和權證對價三大類，通過歸納兩類股東的對價水平評價指標，以及兩類股東的對價效用函數變量在一定條件下的相等，通過七個命題依次證明了股本調整類對價方式的完全等效性，以及在忽略一些次要變量的情況下股本調整與現金對價、現金對價與權證對價的等效性，由此得出在一定條件下可以將股權分置改革中的各種對價方式統一起來，以及不同類或者混合的對價方式之間可以比較對價水平的結論，並通過折算的股價降低率來表示上市公司股權分置改革的對價水平。
  9. Corporate governance exists in the company in every kind. shareholder structure in chinese stock market originates from non - liqudity of rights of control, this is passive give - up or compulsory give - up, it was system selection under public ownership in that time. along with deepening of economic reform and pluralization of sharehold structure, as a special commodity, rights of control bring about the need of liqudity, this is internal reson of circulating system, is also

    公司治理就以各種形式存在於企業之中。中國證券市場上股權分置起源於控制權的非流動性，這是被動放棄或強制放棄，是當時在公有制條件下的制度選擇。隨著經濟改革的深化和股權結構的多元化，控制權作為一種特殊商品日益產生了流動性需求，這是全流通制度的內在動因，也是現代商品經濟的合理訴求。
  10. For the purpose to encourage the knowledge sharing and cooperation inside the knowledge organization, measures as peer groups, option system and staff shares, sbu, tutorial system, etc. should be introduced to make a cooperative - oriented management system

    根據這些要點可以將非正式團體、期權制度和內部職工股、 sbu 、導師制等相關結論納入以知識組織為背景分析論證中，構成一個促進組織進行知識共享和成員合作的管理體系。
  11. Provided china ' s access to wto drives the domestic construction equipment competition even more intense, chinese local construction equipment manufacturers will be in a more unfavorable competitive position especially in terms of distribution channels. concerning the significance of this industry for china ' s modernization the thesis suggests that chinese manufactures develop distribution system to the core comparative advantage by focusing on the customers " needs

    在此基礎上進一步分析影響與制約他們渠道選擇的相關因素，卡特彼勒公司的典型的美國式的股東主權主義的公司治理結構和小松製作所的非股東控制型的內部治理結構造成的公司有關投資收益率、市場佔有率等經營目標差異是影響他們各自跨國經營戰略的深層原因。
  12. With the introduction of two variables ? “ shareholders ’ supervision, portfolio of salary and control rights ”, we construct a new tmt “ principle ? agent ” optimizing model ; moreover, basing on mathematical analysis of company performance mechanism, a linear model of corporate performance and tmt incentive portfolio is built ; and also, variables of incentives and control rights are introduced to help parsing tmt incentive problems in the view of the shareholders ’ supervision and we succeed in separating the contribution of tmt ’ s ability to corporate performance from their endeavor. so we propose three ways to inspirit tmt ? annual salary design based on implicit value, performance - based bonus and stock ownership, and non - material incentive portfolio mode as well, which can overcome shortcomings of traditional single explicit material incentives system

    引入公司股東監督變量、薪酬與控制權激勵組合變量構建新型的高級管理層激勵組合委託-代理優化模型;結合公司績效產生機理的數學分析，構建了公司績效線性模型與高級管理層線性激勵組合模型;引入股票期權激勵與公司控制權激勵變量，解析基於股東監督的高級管理層激勵問題，成功實現了公司高級管理層能力變量與努力變量對公司績效貢獻的分離解釋;提出了基於隱性價值的年薪設計、基於績效的獎金與股權設計、基於隱性需求的非物質性激勵組合模式，克服了傳統的單一的物質性顯性激勵的局限性。
  13. Part 4 proposes the property rights as the breach of chinese bank system reform should take the thorough separation of the ultimate property rights and the legal personal property rights as the prerequisite and take the joint stock system as the ultimate form. due to the strains in chinese bank reform, the author views that, on the basis of the reports at the 16th national peoples " congress, the joint stock system reform with flexibility, emphasis and division ought to be conducted and state - owned capital ought to fade out of the domain of competitive commercial bank

    對于股份制改革的具體路徑，本文指出，鑒於我國迄今銀行改革的困境，應以十六大報告為指導方針，以靈活的形式，分階段、有重點地對銀行系統進行股份制改革，促進股權的多元化、分散化和社會化，在銀行業重組中以非公有製成分的發展激活體制內產權變革，除政策性金融領域外，國有資本漸次從竟爭性的商業銀行領域淡出。
  14. 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。
  15. The fund shortage is the existing problem at large in the period of developing, thus it is the hard task how to lessen the financing problem of sme. the financing of sme can be divided into debt financing - and right financing. the text analyze the actuality and the existing problem firstly, put forward the manners of financing of sme in the side of right financing, and introduce the manners of venture investment in detail

    然後詳細介紹了股權融資和債務融資：股權融資可分為內源融資和外源融資，中小企業主要通過外源融資中的非正式股權融資獲得資金，而高新技術企業還可通過股權融資新方式? ?風險投資融資獲得資金；對應地，債務融資分為直接融資和間接融資，本文著重分析了融資租賃方式融資。
  16. The game result is mainly determined by following factors, including the advantages of shareholders, their attitudes to risks and ability to bear risks, the concentration of internal shareholding structure, the restraint of property right, the external formal and informal institutional arrangements and the distribution conditions of enterprise financial governance

    其中不同的利益相關者擁有的優勢、利益相關者的風險偏好及承擔風險的能力、企業內部股權結構的集中程度及產權約束程度、企業外部正式與非正式制度安排和企業財務治理中財權配置狀況是決定企業財務利益取向這一博弈結果的主要因素。
  17. Non - equity strategic alliance ( nesa ), as one of the most important strategic alliance classifications, is loosely coupled and agile based on the restriction and coordination by contract

    而非股權戰略聯盟作為戰略聯盟的一個重要分類，主要依靠契約方式進行制約和協調，具有突出的鬆散性、靈活性特點。
  18. This paper, with the application of system innovation theory, new - system economics and management theory, has a careful investigation on the history of the institution - transformed companies at country level, and systematically set up a management pattern suitable for the further development of them, whose key points include the following : to build up good instruction - transformed companies at country level and upgrade them according to modern enterprise system ; to achieve detachment of enterprises from the government through reducing the burden of their political and social functions by effective policies ; to set up managerial structure suitable for market mechanism ; to realize market - oriented management ; to get rid of the " insiders - dominating " situation and bring into professional managers and outside talents ; to improve the supervi sory mechanism based on common villagers and non - shareholders ; to put into practice the industrial strategy and economic concept of " property as bases, tertiary industry as focuses " ; to reconstruct with market mechanism the " villages in city " ; etc. by the research, hoping to find out one good way of new management style for countryside urbanization on theory

    本文運用制度創新、新制度經濟學、公司治理學中的理論，對村級轉制公司的歷史進程進行了細致的回顧，首次提出了如何系統地構建村級轉制公司的問題，關鍵環節包括：通過產權創新實現村級轉制公司的制度、體制創新：通過行之有效的政策取向減除其行政和社會職能的負擔，使之實現政企分開：構建適合市場機制的公司治理結構、轉向經濟型公司治理；改善「內部人」控制局面，引入職業經理人機制和外來優秀人才；健全以普通股（村）民和非股東為主的監事機制；實施以「物業為基礎、第三產業為重點」的產業戰略與經濟發展觀；引入市場機制改造「城中村」 。藉此研究，希望在理論上探索一條適應農村城市化進程的管理新體制，以點及面，以廣州市的農村轉制公司為點，構思村級轉制公司的構建與經營模式，供我國農村城市化的村級轉制組織參考。
  19. Under the two - dimension equity structure, public shares and no - public shares coexist and have different ways to realize their interests

    在二元股權結構下，流通股和非流通股共存，二者的利益實現方式不同。
  20. Chapter 2 involves in difficulties to use dcf model in the valuation of the equity of non - listed companies. chapter 3 and 4 analyze two key problems mentioned above, viz. the measurement of wacc with the antitheses method in chapter 3, and based on the foreign research, chapter 4 gives the equation to determine the valuation discount for the lack of marketability of non - listed companies in china

    第三章和第四章是針對第二章中提出的兩個難點問題分別進行了討論，第三章討論了採用整體價值評估模式的貼現率，即wacc的估算，重點討論了利用對比公司估算我國非上市公司股票系統風險及股權資本成本的方法；第四章借鑒國外的研究成果對我國非上市公司股權的缺乏流動性折扣進行了討論，並提出了確定缺乏流動性折扣率的方法。
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