政策分析股 的英文怎麼說

中文拼音 [zhèngcèfēnxīgǔ]
政策分析股 英文
policy analysis unit
  • 政 : 名詞1 （政治） politics; political affairs 2 （國家某一部門主管的業務） certain administrative as...
  • 策 : Ⅰ名詞1 （通「冊」 古代寫字用的竹片或木片） bamboo or wooden slips used for writing on in ancient ...
  • 分 : 分Ⅰ名詞1. （成分） component 2. （職責和權利的限度） what is within one's duty or rights Ⅱ同 「份」Ⅲ動詞[書面語] （料想） judge
  • 析 : Ⅰ動詞1. （分開; 散開） divide; separate 2. （分析） analyse; dissect; resolve Ⅱ名詞（姓氏） a surname
  • 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...
  • 政策 : policy
  1. Facing with the adjustment blemish of the market and the government, knowledge problem and market growth degree etc, the article analyzes and arguments tmsm, the investment theory of the gapsm and two - mechanism forming reason and specialty of our country, and tries to explain and answer the question of breadth fluctuation, high risk, price decision, proceeds and investment strategy etc in the gapsm. since 80 ages, a series of the important development has all taken place in the world and the economy of our country, and it produced the deep influence on the growth of the security market, and particularly the information revolution, all markets forming one body and the quick development of the derivable security product brought the unprecedented macroscopic opportunity and power to the security market ; but at the same time our security market with the structure absurdity of participators, higher risk, irregular law, closed market, the validity of supervise and no science of market regulation does not accommodate to the macroscopic environment and so our country security market needs a new set of security theory with environment. according to the macroscopic and microcosmic environment, this article defines that our country security market is both a gapsm and the initial stage of the gapsm

    上世紀80年代以來，世界和我國經濟都發生了一系列重大的變化，對證券市場的發展產生了深刻的影響，尤其是信息革命、市場一體化和證券衍生產品的迅速發展，給證券市場的發展帶來了前所未有的宏觀機遇和動力，而同時我國證券市場參與者結構的不合理、較高的風險、不規范的法律、市場的不開放、監管的不完全以及不科學的市場調控等微觀市場環境條件與此宏觀環境並不適應，從而我國證券市場需要一套適應環境變化的股票理論；本文就是以這一宏觀環境和微觀條件為依據，把我國證券市場定義為既是政府主導型證券市場又是市場初期；並對我國證券市場二元制產生的原因、特點及特殊性進行了分析，並通過我國政府調節的實例進行了論證，並對投資理論和投資策略進行了研究，這對控制我國證券市場的高風險以及獲取收益都具有重大意義。
  2. In fact, it is the special system of our country that increase the incoherence and unconditionally of all the stockholders and the lack of the true investors. these two elements increase the stockholders " dissimilated behavior. in dividend policy, the difference of payment level resulted from the variance of the controlling degree embodies not the difference of stockholders " decision making to increase the company " value but the particular preference of the nonnegotiable shareholders and the management

    而最根本的原因是由於我國特定製度安排導致了股東群體的非一致性和非制約性的強化以及真正投資主體的缺位，兩個因素的共同作用加劇了股東行為的異化，表現在股利政策上，由股權控制度變化產生的支付水平差異主要體現為非流通股股東及管理層的特殊偏好，而從質的角度，以公司價值為目標的真正股東化主體的決策差異分析無效。
  3. So on the basis of descriptions on the control rights, this dissertation tries to demonstrate the influence of the states of the control rights on corporation governance structure, especially the vicegerent collisions between the controlling shareholders and the smaller shareholders, on which it puts forward some policies and suggestions to make the governance structures of the listed private - controlled companies consummate. and this depends on the analyses on the share structure 、 character and controlling of levels of factual controllers 、 share proportion of every level shareholders on the control chain and states of control rights etc. this paper is divided into five parts

    本文參考laporta等人關于控制權的定義，試圖通過對樣本民營上市公司的股權結構、實際控制人的性質和控制層級、控制鏈條上各層級股東的持股比例以及控制權狀態等因素的分析，論證公司控制權狀態對民營上市公司治理結構的影響，特別是控制性股東與中小股東之間的代理沖突，並在此基礎上提出進一步完善民營上市公司治理結構的政策建議。
  4. Through probing the ceo plan of some corporations such as aton, shanghaibeling, the author points out some theoretical political and technological problems which still existed in the present eso practice in our country

    論文通過對埃通公司、上海貝嶺、武漢國有資產經營公司、聯想集團及新四通集團等企業的股票期權計劃的分析，指出了目前我國企業實施經理股票期權制尚存在的若干理論、政策與技術問題。
  5. In this paper, the newest empirical test of efficient market hypothesis ( emh ) was done in terms of the empirical test of capital asset pricing model ( capm ). because of the logical relationship between emh and capm, we tried to use a new method to find whether the emh theory is available in china ' s stock market. we did our research on the basis of emh ( efficient market hypothesis )

    本文從資本資產定價模型出發，首先回顧了有效市場假說的理論以及國內學者在這一領域中的研究成果，其次用實證研究的方法檢驗了該模型在中國的適用性，得到的結論認為在目前階段中國股票市場還不適合用資本資產定價模型來確定資產價格，最後對中國股票市場效率不足的原因進行分析並提出政策性建議。
  6. Contents of this course include : basic concepts of financial management, atternative forms of business organization, financial statement analysis, break - even analysis, operating & financial leverages, managing working capital, short - term financing, financial mathematics, capital budgeting & risk, discounter - cash - flow model, fundamentals of securities valuation, cost of capital, capital structure, dividend policy, long - term financing, leases, mergers & acquisitions, holding companies, restructure and liquidation

    課程涵蓋了財務管理的基本概念，企業組織型態，財務報表分析，損益平衡分析， ?桿原理，營運資金管理，短期融資，財務數學，資本預算及風險，現金流量折現模型，證券評價基礎，資金成本，資本結構，股利政策，長期融資，租賃，並購，握股公司，重整及清算等重要課題。
  7. For this purpose, our country took a series of measures like deducting the dividend tax, providing the stock traders re - loans, etc. but the fading stock market remained the same. some scholars suggest loosing the current sound monetary policy, using the monetary transmission theory in western economics to analyze the relationship between money supply and the security market, in order to find a solution to this problem

    我國股票市場從2001年以來經歷了四年多的大熊市，面對萎靡不振的股票市場，部分學者建議適當放鬆目前穩健的貨幣政策，用西方經濟學中的貨幣傳導理論來分析貨幣供給量與股票市場的關系，找出解決問題的方法。
  8. This paper tried to analyze the agent cost affection on dividend policy, using the theories of property rights economics and information economics and the empirical approach

    本文試著用產權經濟學，信息經濟學和數學實證的方法，從代理成本的角度分析我國上市公司代理問題對股利政策的影響。
  9. This paper includes five parts. the first is to review the study on the subject ; the second is to discuss the characteristic of chian ' s stock market. the change of money - admitted policy and the questions on the study. the third is to verify the size effect in china ' s stock market by using correlation test and regression test on the bases of four different criterions, each criterion will be applied with two time - series methods. the fourth is to summary the main character of four different criterions, and apply joint test to the criterions that were proved the best concerning the size effect. the illiquidity risk was introduced to the study, the indexes of turn - over rate and the fluctuation of turn - over were used here. however, other factors that may influence the invest return rate as circulating rate and size were also included. according to the result, the size effect will be interpreted. the fifth is to summary the size effect and its explaination, and then to provide some useful invest strategies based on the conc lusion above

    論文分五部分，第一部分對小公司效應的有關研究文獻進行回顧;第二部分我國股票市場的狀況、資金供給政策的變化和我國股票市場實證的相關問題進行論述;第三部分對我國股票市場的小公司效應按照四種不同的規模標準分類，每一種標準均分兩種不同的統計周期分段標準進行實證分析;第四部分小結不同的規模分類、不同統計周期分段的統計結果特徵，然後對小公司效應最明顯的規模分類標準進行多因子聯合回歸分析，這里引入了流動性風險因素，其用換手率和換手率波動指標來衡量，還分別引入了其它影響投資收益率的因子，分別是規模、流通比例。
  10. When the iliquidity risk was not included in the test, the size effects was proved to exist in china ' s stock market. from the reality of china ' s stock, it is believed that the abnormal return can be accounted for by the illiquidity risk caused by manipulation. to verify the hypothesis, the turn - over rate, fluctuation of turn - over rate, the rate were introduced into the study. this study provided a joint test of the factors above

    這表明在我國的股票市場，小公司效應與投資環境有關，在時間上與管理層對股票市場的政策變化有較高的相關性。在不包含流動性風險的時候，對股票的超額收益與其規模因子進行分析，發現股票表現出小公司效應。筆者從中國股票市場的實際情況出發，認為小公司效應的存在是由於超額收益沒有考慮到市場操縱而產生的流動性風險。
  11. The behave and harm of insider control in state enterprise is discussed. the reason of insider control is analysed, me chain of consign and the lack of proprietor the unmatching of residual control and proceeds ; the deficiency of inspiring with manager ; the disfigurement of supervision and restriction etc are the reasons of insider control. the advice of controlling insider control is discussed from the angle of game theory, and think that big shareholders of enterprise have more power to supervise operator. in order to settle the question of insider control, the bestiring and inhibiting of manager should be consolidated. the superiority of employees in enterprise is emphasized in controlling insider control. the paper puts forward a new model to measure intrinsic value of human capital of manager, the compenhensive valuation metrix to decide the efficenncy of management and performance adjustment of human capital of manager

    這是本文研究的意義所在。本文論述了我國國有企業內部人控制問題的表現和危害，比較了我國國有企業與國外企業的內部人控制問題的差異及特點。在分析委託代理鏈冗長及所有者缺位、經營者剩餘控制權和剩餘收益權不匹配、對公司經理人員的激勵嚴重不足、監督約束機制不健全等是形成國有企業內部人控制的主要原因的基礎上，從博弈論的角度探討控制內部人控制問題的政策建議，認為股權集中的大股東有更強的動力去監督目標公司，解決內部人控制問題在於強化對經理人員的約束、激勵。
  12. Some analysts expect equities to become a more attractive investment, because president bush ' s tax cuts have reduced the capital gains tax for investors

    一些分析家表示普通股將成為熱門投資，因為布希總統的減稅政策降低了投資者的資本收益稅。
  13. Author thought maybe it was mainly because our listed companies had special ownership structure which the stated - owned rights was in the position of domination. this lead to the default of controlling agent costs by dividend policy

    作者分析這其中最主要的原因是由於我國國有股一股獨大的股權結構，導致股利政策無法真正起到控制代理成本的作用。
  14. Secondly, the paper focuses on the relations between chinese stock market development and the savings and also the monetary policy. the empirical analysis shows that the scale and liquidity of the chinese stock market really correlate with the change of the savings

    其次，本文通過描述性分析和協整分析等方法，著重考察了中國股票市場發展對居民儲蓄和貨幣政策的影響，以及對經濟增長的效用。
  15. Analysis and suggestion on the price limitation strategy of chinese stock market

    中國股市漲跌停板制度的實證分析及政策建議
  16. On the base, the research do some deep analysis in the reason of information manoeuvre rent seeking and the cost effect from that, the thesis consider that correlative policies ' s creating rent, bad investors accumulated and structure of big or small sharers out of balance are the important reason of the information manoeuvre rent seeking so active in stock - market in china, the cost effect of information manoeuvre rent seeking can be divide into three parts - private cost, welfare lose of society, cost of stock market efficiency, the cost of efficiency do most great harm to efficiency construct of stock market

    在此基礎上，通過對證券市場信息操縱成因和社會成本效應分析，得出相關政策體系的創租性、不良投資主體積累，股權結構失衡等因素是我國證券市場信息操縱多發的主要原因，信息操縱尋租成本（私人成本、社會福利成本、市場效率成本）中的市場效率成本對我國證券市場的有效性建設產生了很大負作用
  17. Part 3 is the empirical analysis to the influencing factor of listed company ' s capital structure in china, specifically with spss software and main composition analysis method, it correlated dividend policy, income tax, equity structure, non liability tax shield and income variation level of company, company growth, company ' s profit ability, asset structure, company ' s scale with capital structure ( the contents embrace btdr, bldr, bsdr ), we make the conclusion as follows : comparing with the research result of influencing factor of the company ' s capital structure of the developed country, the influencing factors of the listed company ' s capital structure in china have partial similarnesses

    第三部分中國上市公司資本結構的影響因素分析這部分是本文的重點之一，具體是採用spss11 . 5軟體，用主成分分析法與多元回歸分析，對公司的股利政策、所得稅、股權結構、非負債稅盾、收入變異程度、公司的成長性、公司盈利能力、資產結構、公司規模與代表資本結構的變量（ btdr ， bldr ， bsdr ）作相關研究，結果是：和發達國家公司資本結構的影響因素研究結果相比較，我國上市公司資本結構的影響因素存在部分相似性。
  18. Firstly, i probe into the nature of the corporate dividend policy. then, how the corporate income taxes, personal income tax and capital gains tax affect the corporate dividend policy are considered interactively in the study. a general equilibrium model about tax effect on the corporate dividend policy is constructed at the end of this section

    首先在深入分析股利政策實質的基礎上，界定了股利政策的內涵，接著研究公司所得稅、個人所得稅和資本利得稅對公司股利政策的影響，最後建立了公司股利決策稅收效應的一般均衡模型。
  19. Another example is that the managers of the stock market is morally supposed to provide policy instruction, to serve the stock market with instrumental conditions and to carry out severe punishment to maintain the order of the stock market

    股市管理者應該遵守的道德主要是以正確的政策引導股市、以有利的條件服務股市和以嚴厲的制裁保障股市。為了對股市道德問題有全面的認識，就必須對國際股市道德發展的歷程進行比較分析。
  20. From the angle of theory, first, this paper has introduced the main theories of dividend policy in the west, then from the angle of information economics, the author illustrated how to understand dividend policy under agent cost theory. and analyzed the conflicts between the parties involving the dividend making

    理論方面，本文首先按股利政策理論的發展沿革介紹了西方股利政策的主要理論，接著文章從信息經濟學的角度引出了股利政策的代理理論，詳細介紹了從代理理論的視角如何看待股利政策，分析了在股利分配中各個利益主體之間存在哪些沖突，以及他們之間的利益博弈是如何影響股利政策的。
分享友人
分享到 Line

分享到臉書