流通股 的英文怎麼說
中文拼音 [liútōnggǔ]
流通股
英文
circulating stock-
In the second part, the author defined the proper plaintiff and burden of producing evidence thereof by deferent means. in the third part, the author examined the damages and the method of computation therein from the status quo of scholarship. in the last part, this article thought that the limitation of actions should be accounted from dies a quo when the decision on punishment of securities supervision commission is published by the company in punishment or by the commission itself
關于計算方法，本人認為應以均價法為宜，即證券買入或賣出價格與上市公司對其虛假陳述進行更正之後的10天或從揭露日至該流通股換手率達到100 %之日止的這段時間期限內的平均交易價格之間的差額進行計算，如果原告在上述期限內賣出股票，則按證券賣出的實際價格計算，否則按平均收盤價格計算。Analytic personage points out, the share price of firm of not alexandrine city goes sign is possible because be restricted to make work current appear on the market in succession and appear differentiation, but current although a quantitative addition can arise to the market decrease maintain pressure, but the bounds of lift a ban made work 2007 current market prise photograph total to huge market market prise and do not calculate for the abundant financing on the market at present big
有分析人士指出，不同上市公司的股價走勢有可能因限售流通股陸續上市而出現分化，可流通股數量的增加雖然會對市場產生減持壓力，但2007年解禁的限售流通股的市值相對于龐大的市場總市值以及目前市場上充裕的資金來說並不算大。This shows that our circulative shareholders of listed companies abandon the company ' s fundamental right to vote
這表明我國上市公司的流通股股東基本放棄了對公司的表決權。Because of imperfect in regulation, laws and market, the model brings out lots of problems such as insider - control, excessive freedom for large stockholder, no efficiency of supervisory, hollowing out the listed firm, etc. the fourth chapter : to solve the problems of corporate governance in china, we must do these things as follow : to diminish the difference of currency stock and incurrence stock, to realize that common stocks have common rights, to perfect the stimulation and control mechanism, to perfect the - structure of the board of the directors through introducing independent directors, to perfect market system and law system
4 、研究問題的目的是為了解決問題，而要解決我國公司治理中的問題，不但要克服制度構造的缺陷，逐步縮小流通股與非流通股的利益差別，實現同股同權：要完善公司的激勵、約柬機制，改善董事會的結構，引進獨立董事，加強公司對其他利益相關者利益的考慮：而且還要建立和完善市場體系，加強法律和執法體系的建設，使外部治理市場和法律、法規在公司治理中發揮強勢的監督和約柬功能，最終形成公司治理的良勝生態環境。The result of this paper were : 1 ) the market mircrostructure of chinese stock is ' nt market maker, two - part stock can n ' t circulate and the scale of current stock is small, so, filling right effect make dividend event do n ' t diluate the price, the stock price could n ' t reach optimal price ; 2 ) the meanings of bid - ask speed in chinese has been changed, did n ' t reflect the real trade cost, only reflect the possible trade cost, contained desire of price popple, din n ' t belong absolute liquidity again ; 3 ) turnover rate is a liquidity ' s index, speculation ' s index too, which can explain one side of liquidity, but this index is defective in chinese stock market ; 4 ) martin index was decrescent when dividend event occurred, display the liquidity of stock was improved, so, the martin index is compatible index to measure chinese stock liquidity ; 5 ) stock dividend event affect the liquidity in the stock dividend day, stock dividend event can n ' t dividend event in the bulletin day ; 6 ) the quantity stock dividend and trend of stock market was significant factors that affect the liquidity
本研究的結論是： 1 ）中國股票市場的微觀交易結構並不是採取做市商制度，且2 3的股票不能流通，流通股規模很小，存在著股票股利事件后的快速「填權」效應，使股票價格快速回升，股票股利發放事件的稀釋價格作用無法發揮，也就無法達到「最適價格」 ； 2 ）中國股市的買賣價差的含義發生了變化，不再是實際交易成本的反映，只是可能交易成本的反映，因而很大程度上代表了股價的波動意願，並不具有完全意義上的流動性含義。 3 ）就換手率而言，它既是流動性的衡量指標，也是最常用的衡量投機性的指標。換手率指標只能說明流動性的一個側面，在中國衡量流動性是有缺陷的。In mbo, the definitude of the buying parties, the pricing of the non - transferable state - owned shares and the buying capital financing are the three key questions
在上市公司管理層收購中，收購主體的設定、非流通股的定價和收購資金的來源是三個難點問題。 1 .關于收購主體的設定。Positive analysis of total market surplus rate and company achievement circulation equity capital
總體市盈率與公司業績流通股本間的實證分析While the a - share market has a $ 700bn capitalisation, many stocks are small, illiquid and have limited free floats
盡管中國a股市場的市值達7000億美元，但許多股票的市值小、流動性差、流通股數量有限。On the arrangement and policy of corporations nonnegotiable shares in the present stock market
上市公司非流通股的安排及政策的考證The existence of nonnegotiable shares becomes the tool for nonnegotiable shareholders to get funds together and expand the gap of costs arnong the shareholders. at sarne time, it leads to the high profits rate of the market
非流通股的存在使其成為非流通股股東圈錢的工具、股東之間的成本差異極大、市盈率居高不下等問題。Shares of listed companes in our country are classified into nonnegotiable shares and negotiable shares. nonnegotiable shares include sponsor legal person shares, private placement of legal person shares, staff shares and state shares that include state - owned shares and domestics legal person shares
我國上市公司的股份分為非流通股和流通股，非流通股包括發起人股、募集法人股和內部職工股，國有股包括國家股和國有法人股。( 2 ) the disadvantages of shareholder structure problem. from facts, we could see shareholder structure problems have bad influence on china ’ s securities market in eight aspects, which have seriously damaged matching mechanism between risks and profits in china ’ s capital market, causing inequality between negotiable shareholders and nonnegotiable shareholders. ( 3 ) the history of solving shareholder structure problem in china ’ s securities market
從現實來看，股權分置為中國資本市場帶來了八大危害，從而嚴重損害了中國資本市場風險與收益之間的匹配機制，客觀上使流通股股東與非流通股股東處在不平等的狀態; （ 3 ）中國證券市場解決股權分置問題的歷程。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。Starting from the definition of consideration, the paper states the theoretical and legal basis of consideration, and makes comparison between consideration and compensation. the content contains : ( 1 ) consideration is an important concept in the british and american law of contract ; ( 2 ) when nonnegotiable share turns to be negotiable, the price of negotiable share will decrease. therefore, if this action occurs, nonnegotiable shareholders should make promise to protect negotiable shareholders ’ benefits ; ( 3 ) shareholder structure premium is the basic theoretical basis of consideration payment ; ( 4 ) consideration is a reasonable compensation which contract beneficiary gives to sufferer, according to the fair principle of the civil law
對價從法律上看是一種等價有償的允諾關系，而從經濟學的角度說，對價就是利益沖突的雙方處于各自利益最優狀況的要約而又互不被對方接受時，通過兩個或兩個以上平等主體之間的妥協關系來解決這一沖突; （ 2 ）把對價運用於股權分置改革，其基本含義是未來非流通股轉為可流通時，由於會導致流通股股價下跌，因此，流通股股東同意非流通股可流通的同時，非流通股股東也要對這一行為發生時將充分保護流通股股東的利益不受損作出相應承諾; （ 3 ）股權分置溢價是支付對價的基But all of these were not accepted by investors. the paper has proposed to analysis the origin of state shares, the hanns may be caused by nonnegotiable shares and the conunanding position stated shares and put forward a practical project of reducing statc shares, which is reducing the nonnegotiable shares and increasing the negotiable shares of listed companies to realize reducing state share gradually by increasing issue to refund pallial capital to purchase state shares
本文從國有股的產生根源進行分析，剖析非流通股及國有股一股獨大產生的危害，提出一個具有可操作性的國有股減持方案，即通過增發新股籌集的部分資金來回購國有股份，使上市公司非流通的國有股份不斷減少，流通股的數量不斷增家，實現國有股的逐步減持，並逐步達到全流通。And rather than is blue plan a group, especially accomplishment needs a company, the case of share price overmeasure can make work because of be restricted current appear on the market and produce a change, share price is decreasing held influence to fall to drop considerably likely, in the long run, such become divided is helpful for what market whole appraise is worth a structure optimizing
而非藍籌股群體，非凡是績差公司，股價高估的情況會因限售流通股上市而發生改變，股價有可能在減持的影響下大幅下降，從長期看，這樣的分化有利於市場整體估值結構的優化。This paper analyzes the influence of decentralization of stock right structure on the dividend - paying policy of the listed corporations, and puts forward the point that the dividend - paying tendency, contrary to the generalized anticipation, will not be intensified after stock right decentralized allot revolution, which is based on the following empirical tests : the earning capability difference between dividend - paying and non - dividend - paying listed corporations, the preference to dividend - paying corporation of tradable shareholders and the relationship of stock right structure and dividend - paying tendency
通過對我國分紅與不分紅上市公司盈利能力、流通股東對分紅公司的偏好以及上市公司股權結構與分紅傾向三方面的實證，探討股權結構的分散化將對我國上市公司股利政策產生的影響，提出了股權分置改革后，我國上市公司分紅傾向很可能與廣泛預期相反，呈下降態勢。However, he said owners of non - tradeable shares should pay a price to other shareholders to have the shares listed
但，他說，非流通股股東為了讓股份流通，應該付給其他股東一定的對價。Even though japan, at its peak, dwarfed the us equities market, its free float was far skimpier
盡管處于巔峰時期的日本曾令美國股市汗顏，但其流通股的規模小得多。Holding a large proportion, the current stock has prevented the stockers who hold the current stock to participate in controlling the corporation. so instead of caring the corporation " s achievements and its long - run development, they would only care about the exchange of their shares to make profit from the price difference, therefore the foam from speculation will be blew bigger and bigger
居高不下的非流通股阻止了流通股股東參與對公司的控制，也就不會在意公司業績和長遠發展，而只是著眼于股票的換手，追求價差收益，投機性泡沫越吹越大。分享友人