超額股 的英文怎麼說
中文拼音 [chāoégǔ]
超額股
英文
excess share-
In the years of errors and corrections respectively, through the empirical analysis on stockjobbing amount and price, it researches there ' s no difference on studied sample and control sample in appointed areas, and the investors of our securities business have no specially attention on these information. on the other word, we validate the corrections of accounting errors have no market conductibility. later, it analysis the reasons
分別在會計差錯的發生年度和差錯的更正年度中,通過測試和控制樣本的股票交易量、平均超額收益率和累計超額收益率在報表公布日前後各30天的時窗內的檢驗,說明我國證券市場的投資者對這類信息未予以特別關注,即我國上市公司的會計差錯及其更正行為不具有市場傳導效應,並進一步從理論上分析了這種現象產生的原因。At the time of his sale, the governor was contemplating the biggest decision of his career, an end to “ quantitative easing ”, by which the boj had for five years flooded the banking system with excess reserves
在福井出售其股份之際,這位央行行長正在思忖其職業生涯中最大的一個決定,結束長達5年的日本央行向銀行系統投放超額儲備金的「定量寬松」政策。Excess margin equity in a stock account above the legal limit required for margin maintenance in a long or short account
超額保證金在長期或短期賬戶中,超過法定保證金維持范圍的股票賬戶凈值。The initial underpricing of initial public offering ( ipo ) exists in many capital markets
首次公開發行新股( initialpublicoffering ,簡稱ipo )的初始超額收益在各國資本市場都普遍存在。And the existence of non - competitive return distorts signal at stock market, which results in inefficient allocation of capital factors ( the sixth chapter )
超額「非競爭收益」的存在,扭曲了股票市場價格信號,導致了資本要素低效率配置(第六章) 。By using serial correlation test and cross - section test through the data of the share companies that were listed in shanghai stock exchange before 16th oct 1998, the size effects in china stock market was tested in the period from 16th oct 1998 to 26th oct 2001. all the share companies which in total 373 were grouped into 11 according to four different criterions. these four different criterions were total circulating captal stocks, total circulating market value, total capital stocks, total value of a share company. through the correlation test between the abnormal return rate and the size of the group, no size effect was found through the size criterion of the total value and the total circulating value except only one period
運用序列相關性我國股票市場的小公司效應進行實證檢驗,所採用的樣本是在1998年10月16日以前掛牌上市的373家上市公司從1998年10月16日到2001年10月26日,共150周的交易數據。對公司進行以規模大小分組時,分別採用了流通市值、流通股本、總市值和總股本四種不同的標準進行投資超額收益率規模相關性分析,發現以總市值和流通市值為規模標準的實證結果除個別時期內存在著小公司效應外,其它時期並不存在小公司效應,而以總股本和流通股本為標準的小公司效應最為明顯;另外,小公司效應在統計區間內表現出時段性。Upon the issue by the company of a share without par value, if an amount is stated in the memorandum to be authorized capital represented by such shares then each share shall be issued for no less than the appropriate proportion of such amount which shall constitue capital, otherwise the consideration in respect of the share constitutes capital to the extent designated by the directors and the excess constitutes surplus, except that the directors must designate as capital an amount of the consideration that is at least equal to the amount that the share is entitled to as preference, if any, in the assests of the company upon liquidation of the company
公司發行無面值股票后,如果在備忘錄中載明一個金額,該金額為此類股票代表的法定資本,則每隻股票應以不低於構成資本的金額的適當比例發行,否則股票發行的對價以董事指定的金額大小為準構成資本,超額部分則構成盈餘;除非董事必須指定對價的一個金額作為資本,該金額至少應等於公司清算時股票在公司資產中作為優先部分(如果有)的金額。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。Article 168 the premium of a joint stock limited company from the issuance of stocks at a price above the par value of the stocks, and other incomes listed in the capital accumulation fund according to provisions of the treasury department of the state council shall be listed as the capital accumulation funds of the company
第一百六十八條股份有限公司以超過股票票面金額的發行價格發行股份所得的溢價款以及國務院財政部門規定列入資本公積金的其他收入,應當列為公司資本公積金。In estimating eva, when it is zero or more, it means the capital return exceeds the investment ' s opportunity cost. and then it can be found out whether managers perform well enough to create the value added that the shareholders expect. to evaluate managers " performance and figure out the rewards, the board of directors should establish performance standards firstly - the eva objectives
Eva能將股東資本的保值增值要求與經理人的經營結果巧妙地結合起來,能將企業經營利潤中股東資本所作出的貢獻與經理人智力資本所作出的貢獻巧妙地區分開來,能客觀合理地反映經理人的智力資本為企業創造的價值和股東獲取超額利潤的水平。A director, supervisor, or representative of a juristic - person director or juristic - person supervisor, of the securities firm, or any of its employees or a shareholder holding more than 10 percent of its total shares
一、證券商之董事、監察人及法人董事、監察人之代表人、受僱人或持有公司股份超過股份總額百分之十之股東。The first empirical paper sorts all the stocks according to the past accumulated abnormal return. the winner is those who perform best while the loser is those who perform worst. by reviewing the accumulated abnormal return changing tendency in both the winner and loser during testing period, the paper finds a better performance in the loser than in the winner
實證研究一根據股票過去的累計超額收益率的高低將股票進行排序,表現最好的股票組成贏家組合,表現最差的股票組成輸家組合,考察兩組合的累計超額收益在檢驗期的變化趨勢。The pricing period for china bluechemical, a former fertiliser subsidiary of china national offshore oil corporation that is coming to market, has been shortened because of overwhelming interest ? it is more than 100 times over - subscribed, and rising
中海石油,前中國海洋石油總公司的前子公司,由於受到市場巨大的吹捧,其股票詢價期被縮短了? ?它的超額申購倍數超過了100多倍,而且這個倍數還在不停的上漲。Article 178 the premium received by a joint stock limited company through issuance of shares at prices above par value in accordance herewith, as well as other incomes to be allocated to the capital reserve fund as stipulated by the finance authority under the state council, shall be allocated to the capital reserve fund
第一百七十八條:股份有限公司依照本法規定,以超過股票票面金額的發行價格發行股份所得的溢價款以及國務院財政主管部門規定列入資本公積金的其他收入,應當列為公司資本公積金。( 4 ) after we lower their p / e ratio, the firms with bad earning character can gain excess yield in bull market, and it can reduce loss in bear market
( 4 )盈餘品質較差的企業,如果將其市盈率倍數調整降低后,發現在股市繁榮時,同樣也能獲取超額報酬,而在股市疲弱時,也能把損失金額降至最低。An empirical study on abnormal return of initial public offerings in china
影響我國新股超額收益率的實證研究And the ownership structure have effect on the long - run abnormal stock returns
研究表明股權結構對長期超額收益有影響。According to emh, it is impossible for any investor to get risk - adjusted anomalous return for a certain long period
股票市場如果是有效的,那麼任何投資者將不可能持續獲得無風險的超額收益。Ace limited was established in 1985 by a consortium of 34 fortune 500 companies to provide hard - to - find excess liability and director and officer coverage
安達保險集團成立於1985年,總部設于百慕大群島,安達保險公司的股東包括34家全500強企業,其設立之初的營業范圍包括超額責任保險和董監事及高級管理人員責任保險。Beijing jingkelong, a small but fast - growing store operator, sold $ 76mworth of shares in an offering in which demand outstripped supply by 540 times
北京的京客隆,一個規模雖小但成長迅速的從事零售的超市,發行價值7千6百萬的股票,超額認購率達540倍。分享友人