equity finance 中文意思是什麼
equity finance
解釋
權益融資-
Then the article analyses the causes of chinese listed companies " equity finance preference, the soft restraint of equity capital cost, the director and manager pursuing to the incurrence income, interests conflicts of big shareholders and minor shareholders and the undeveloped corporate bond market in china
然後，對股權融資偏好產生的原因進行了分析，認為股權資本成本的軟約束、董事和經理追求非貨幣收益、大股東與小股東的利益沖突、企業債券市場發展滯后等是我國上市公司股權融資偏好產生的主要原因。 -
Co., ltd. is one high - tech manufacturer majored in scientific research, production and service, which is specialized in developing, manufacturing and sale of pos terminal, computer terminal, peripheral corollary equipment of self - service terminal in finance, equity, posts and telecommunications, taxation, commercial retail circle, etc
公司是一家集科研開發、生產經營和服務於一體的高技術研發、生產型企業，專業從事金融、證券、郵電、稅務、商業零售等領域的pos終端、計算機終端、自助終端周邊配套設備的研發、製造及銷售。 -
The tax treatment is unfair among different businesses and different tax - payers. the abnormal taxation certainly results in the abnormal development of the bank and securities industry. the difference between the taxation of china bank and securities industry and the foreign taxation that include the taxing scope, the abstraction and materialization of taxation, the taxation operation, the sanction and transparency of tax law, the seriousness of taxing administration and tax policy choice, not only provide the opportunity for the foreign finance institution which can carry out tax planning, moreover tax equity, but also likely lead to that the foreign finance institution lack confidence to china market and policy, finally affect its investment and result in tax unfairness among tax - payers
長期以來，我國財政與金融的特殊關系使得財政對銀行業實行「特殊」的稅收政策，銀行業整體稅負高於製造業以及非金融性的服務業，中資金融企業稅負高於外資金融機構，過重的稅負使得銀行資本充足率難以保證，發展失去后勁；二是我國銀行業和證券業稅制結構不合理、稅制不規范、不科學，銀行和證券業內部不同行業、不同納稅人之間稅收待遇不公平，畸形的稅制必將導致銀行與證券業的畸形發展；三是我國銀行業和證券業稅制與外國稅制的差異，包括征稅范圍大小、稅制的抽象化與具體化、稅制的可操作性、稅收法律約束力和透明度、稅收執法的嚴肅性等差異，不僅給外資金融機構進行稅務籌劃甚至偷逃稅提供了可乘之機，而且還可能使得外資金融機構對中國市場、對政府政策缺乏信心，而影響其投資，也導致納稅人之間稅負不公。 -
Research on equity finance and corporate governance
股權融資與企業治理機制研究 -
The problems in it lie in : 1 ) poor operation situation and decreasing competition ability which symbolized decreasing asset flowablity, insufficient equity capital, huge bad asset and centralization of financial risk ; 2 ) uncertain operation surrounding which comes from the incoming of foreign bank and the developing of financial securitization with china ' s entrance into the wto and the globalization and synthesization on finance
國有商業銀行的問題在於：一方面，經營狀況不理想，競爭力下降，表現為資產流動性下降、自有資本不足、巨額不良資產、金融風險集中；另一方面，隨著入世和金融的全球化、綜合化，外資銀行的進入和金融證券化的發展使商業銀行處于更加不確定的經營環境。 -
We are an investment banking boutique specializing in private equity, corporate restructuring and corporate finance activity
義大利神尼公司是一家投資銀行業時裝精品店，專門從事個人股票、公司再建設和公司的金融活動。 -
I avoid companies with debt - to equity ratios over 75 percent, as companies with authentic earnings power don ' t need lots of debt to finance their growth. ( hewitt heiserman, jr
具有真實盈利能力的公司毋須為業務的擴展去大量借債，所以，凡是債務與股東權益比率（負債比率）高於百分之七十五的公司我不會去碰。 -
Private equity groups often use borrowed money to finance buyouts of publicly traded companies
私人公正集團通常用借來的資金向公共貿易公司提供經濟利潤。 -
This agency issue of investor and venture capitalist can be effective to guard against the morals hazard of venture capitalist by limited partnership system ; venture capitalist can guard against the morals hazard of entrepreneur through contract ， which is optimal capital - structure contract in financing decision ， is combining to equity fraction ， stock design and staging finance ， in order to make enterprise financing cost minimum ， profit maximum ， it is minimum that informational asymmetries " level fall to
在投資者與風險資本家這一級委託代理關系中，有限合夥制可以有效防範風險資本家的道德風險；風險資本家可以通過與風險企業訂立契約來防範第二級代理問題? ?企業家的道德風險，即在融資決策中尋求最優的資本結構契約，在這種契約中結合股權比例，證券組合，分階段投資等方法，以使企業融資成本最低、收益最大，信息不對稱程度降到最小。 -
Secondly, in the current structure of soes, the state equity and other stakeholders " equities cannot be protected and efficiency is very bad. if stakeholder structure is used, all these problems may be solved. thirdly, these problems may be solved by right finance policy
第三，國有企業的高負債融資結構、低股利政策、資本市場及各項市場法規不健全既是國有企業本身結構缺陷造成的結果，又是其原因，因此，制定適宜的財務政策、加強財務監管既能敝利益相關者的利益，又能確保企業價值最大化的實現。 -
Secondly, the article sets forth the development of our listing companies and stock market, and emphasis on the analysis of its systemic defections. such as complicated stock structure, weak fluidity of stock, special structure of corporate governance, weak validity of stock market, unreasonable system of stock issue, low correlation between stock market and economic development, over speculation, poor financing effect of foreign stock generally, and so on. the paper points out these defections have affected the function of equity finance greatly
文中論述了我國上市公司和我國股票市場的發展，重點分析了我國上市公司和股票市場發展中的缺陷，如股權結構復雜、股權流動性差、公司治理結構獨特、股票市場有效性較差、股票發行制度不合理、股票市場發展與經濟發展相關度低、股票市場分割、過度投機嚴重、外資股市場融資效果總體較差等。 -
We must readjust the whole thinking on the reform of the state - owned enterprises and set up the modem enterprise system by reforming the property right, depending on the capita ] market, seeking for the refreshment of system. after that, the equity finance of chinese listing companies has made great progress
90年代初，一批優秀的改革家和理論家清楚地看到： 「政資不分」是「政企不分」的根源所在，必須調整國有企業改革的總思路，從產權改革，依託資本市場，尋求制度創新入手，建立現代企業制度。 -
Approaches adopted to resolve issues of equity and efficiency in primary and secondary school finance in america can be used for reference to resolve similar problems in china
美國中小學財政中解決教育效率和公平的一些做法，對我國中小學教育財政中相關問題的解決可以提供一定的借鑒。 -
From the aspect of the relation between equity and efficiency in primary and secondary school finance in america, we found that education efficiency was always an important issue. with the attention on education quality, emphasis on education equity gradually shifted from equal education opportunity to equal education outcome. the method adapted to achieve equal education outcome was to provide more resources to the students in poor background
從美國中小學教育財政中的公平和效率的關系來說，教育效率一直是美國中小學教育關心的重點，隨著對教育質量的重視，美國中小學財政中教育公平經歷了從機會公平到結果公平的發展，而後者是通過給處境不利的學生以更多的資源的方式來達到的。 -
A lesser risk, in the regulator ' s view, stems from the levels of debt used to finance private - equity deals
從監管者的角度看來，用於私募股權投資交易融資的債務，其水平也會產生次要的風險。 -
Firstly, through brief retrospect of modern finance structure idea and analysis of the data of chinese and foreign finance practice, drawing a conclusion that there is a preference for equity finance on long - term finance structure in chinese listed companies
首先，本文通過對現代融資結構理論的簡要回顧及中外融資實踐的實證數據的分析，得出我國上市公司在融資結構尤其是長期融資結構上具有明顯的股權融資偏好，並對股權融資偏好在上市公司具體行為上的表現進行了描述。 -
New explanations of the equity - finance preference of the listed companies of china
再釋我國上市公司之權益融資偏好 -
On the base of analyzing the causes and influences of equity finance preference, the writer tries to put forwards some proposals to rationalize finance structure of chinese listed companies
旨在通過對上市公司股權融資偏好產生的原因、影響的分析，提出若干促進我國上市公司融資結構合理化的建議。 -
The equity finance and firm mechanism of governance is the central component of modern firm theory, and it is an important subject of the capital theory of the finance too
股權融資與企業治理機制研究是現代企業理論核心的組成部分，也是金融學資本理論研究的重要課題。 -
At present, we find that the function of equity finance is below the set objective when we look back on the course of development
今天，當我們回首我國上市公司股權融資發展歷程，我們看到，我國上市公司股權融資的功能效果仍然沒有達到既定的目標。
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