弱式效率市場 的英文怎麼說

中文拼音 [ruòshìxiàolǜshìchǎng]
弱式效率市場 英文
weak form efficiency
  • 弱 : Ⅰ形容詞1 （氣力小; 勢力差） weak; feeble 2 （年幼） young 3 （差; 不如） inferior 4 （接在分數或...
  • 式 : 名詞1 （樣式） type; style 2 （格式） pattern; form 3 （儀式; 典禮） ceremony; ritual 4 （自然科...
  • 效 : Ⅰ名詞（效果; 功用） effect; efficiency; result Ⅱ動詞1 （仿效） imitate; follow the example of 2 ...
  • 率 : 率名詞（比值） rate; ratio; proportion
  • 市 : 同 「黻」[fú]
  • 場 : 場Ⅰ名詞1 （平坦的空地 多用來翻曬糧食 碾軋穀物） a level open space; threshing ground 2 [方言] （...
  • 效率 : productiveness; efficiency; productivity; workpiece ratio
  1. 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。
  2. Chapter six, seven and eight focus on positive study of weak, semi - strong and strong efficiency of chinese security market using modern econometrics model and also an analysis of characteristics of efficiency

    第六、七、八章致力於運用現代計量經濟學模型對中國證券市場弱式、半強式和強式效率的實證研究，並分析其效率特徵。
  3. Monetary policy which was used as a very important instrument in making the stability of currency and improving the macroeconomy had became popularity in the world since 1960 ' s. the main functions of monetary policy include adjusting the behaviour of real economy during the equilibrium by special instruments of fmance, raising the rate of growth. however, with the development of financial innovation, great changes have taken place in the whole financial system, the way of financial organization, the relation between currency and macroeconomy, etc. these changes have made the operation of conventional monetary policy lose its theoretical foundation and premise, so the effect of monetary policy on real economy has weakened. therefore, the developed countries gradually shift their target which aimed at interest rate or money supply into the target of inflation in the late of 1980 ' s, this new phenomenon bring informations and experiences to the developing countires during their fiancial innovation

    然而，隨著金融創新的不斷發展，整個金融體系以及各金融行為主體的行為方式，貨幣與宏觀經濟之間內在的相關關系等都發生了深刻的變化，使得傳統貨幣政策操作失去了應有的前提和依據，從而使貨幣政策的作用效果不斷減弱。因此，在20世紀80年代後期，發達國家開始調整其貨幣政策，突出表現在：貨幣中介目標隨金融創新而不斷變化，逐步放棄了以利率或貨幣供應量作為中介指標，並建立了以通貨膨脹調控為目標的貨幣政策。這給包括我國在內的向市場經濟轉變的發展中國家貨幣政策的變革與創新提供了新的經驗。
  4. We also verified stochastic feature of return time series, from results we see that chinese stock market is weak form efficient

    同時檢驗了收益率序列的隨機性，檢驗結果說明滬深股票市場基本達到弱式有效。
  5. The introduction black - scholes models still assumed, namely the introduction of modern process ( wiener process, also called brownian motion ) to save the stock yield random fluctuations, weak markets and the effectiveness of the use of consistent share of the techniques ( ( markov property ) to describe the stock price change random process, the use of risk - neutral pricing theory through the analysis of the nature of asset price process martingale, established european style to the value of stock options with mathematical models

    本文仍然引入black - scholes的模型假定，也即引入維納過程（ wienerprocess ， alsocalledbrownianmotion ）來刻畫股票收益率的隨機波動，採用與弱型市場有效性相一致的股價的馬爾可夫性（ markovproperty ）來描述股票價格變化的隨機過程，運用風險中性定價理論，通過分析資產價格過程鞅的性質，建立了歐式再裝股票期權價值的數學模型。
  6. Then based on the practical test technique of emt, it checks up whether chinese securities market is at weak - form - market phase by analyzing that whether the price is random whether the yield can be forecasted by the characters of company, whether the information lingeringly or overly reacts and whether the technical analysis is efficient. the result expresses that the securities market has not reach weak - form - market, it still has low efficiency

    接著根據證券市場效率理論的實證檢驗方法，通過價格是否隨機性、是否可用公司特徵來預測收益率、信息是否存在延遲與過度反應、技術分析是否有效等檢驗方法對我國證券市場是否處於弱式有效階段進行實證檢驗，結果表明我國的證券市場尚未達到弱式有效，依然處于低效率之中。
  7. We can study from the angle of market efficiency demonstration, or from the angle of system variance. although the angles and means are different, at the present time the results from the domestic study on share markets indicate that china security markets are on the state of a sort of infirmness efficiency

    盡管研究角度和研究方法不盡相同，目前國內關于證券市場效率研究得出的結果表明，如果以法馬有效市場理論關于證券市場有效性的三級分類標準，即弱式有效、有效及強式有效來衡量的話，中國證券市場至多處於一種弱式有效狀態。
  8. This analysis produces two results : as far as market mechanism is concerned, stock market in china has stepped into the zone of weak form efficient market since 1994 ; as far as listed companies are concerned, the worsening performance of listed companies after listing indicates that stock market does not create continuous increase in productive efficiency and hence weakens stock market ' s function of optimizing resource allocation ( the fifth chapter )

    分析表明，從市場機制看，在1994年初我國股票市場開始進入弱式有效區間，此後一直處於弱式有效狀態（第四章） ；從公司看，盡管上市公司總體而言是同行業佼佼者，但上市后頻頻出現業績下滑，表明股票市場未能促進企業生產效率的持續提高，弱化了股票市場優化資源配置功能（第五章） 。
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