assessable contribution
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The article 27 of new Corporate Law broadens the forms of capital contribution, though equity contribution is not officially listed in the enumerative capital contribution forms, in fact equity contribution has been recognized by means of academic theories and corporate practices, equity contribution cases are increased gradually, especially it is common in the process of state owned enterprises' recombination and listing, equity contribution already had its survival space.
新《公司法》第27条大幅放宽了股东出资的方式,虽然股权出资未被明确纳入列举的出资形式当中,但无论从理论方面还是公司实践方面,股权出资已经被认可,以股权作为出资的案例在公司的实践中逐渐增多,特别是在国有企业改组上市的过程中较为普遍,股权出资获得了生存的空间。
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Chapter six presents such new concepts as margin utility contribution force, profit-risk exchange rate, state-expectation-variance utility function, long-term expectation-variance utility curve and optimal portfolio expansion curve. The state-expectation-variance analytical method is developed from the expectation-variance analytical method. The changing rate of profit-risk exchange rate to state variable is used to define and distinguish the decreasing, constant and increasing relative risk aversion. A decomposition formula about the margin contribution force of holding wealth to state-expectation-variance utility function is displayed. The decomposition formula demonstrates that the contribution force of investors' holding wealth to their utility is composed of the pure contribution force of holding wealth and the investment contribution force bronght about through investment portfolio.
第六章提出了边际效用贡献力、收益—风险替换率、状态—期望—方差效用函数、长期期望—方差效用曲线、最优证券组合扩展线等新概念;把期望—方差分析方法发展成状态—期望—方差分析方法;用收益—风险替换率对状态变量ω的变化率来定义和区分递减、定常、递增相对风险厌恶;获得了持有财富对状态—期望—方差效用函数的边际贡献力的分解式,该分解公式表明投资者的持有财富对他的效用的贡献力由持有财富本身的纯贡献力和持有财富通过投资证券组合所产生的投资贡献力所组成。
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For the inconsistency and paradox between the traditional accounting result of the contribution ratio of export to economic growth and the positive conclusion of the contribution made by export to economic growth, this paper considers that the main reason for this paradox is that, when the contribution ratio to GDP of consumption, investment and export is measured by traditional method, the different effects of import in the gross accounting of GDP and the decomposing calculation of contribution ratio is confounded, then, the principle of matching decomposition of import item in consumption, investment and export is disobeyed, so the real contribution of export to China's economic growth is greatly underestimated.
针对出口对经济增长贡献率的传统测算结果与出口对经济增长实证结论之间的矛盾和悖论,本文认为造成这一悖论的主要原因是传统测算方法在考量消费、投资和出口对GDP的贡献时混淆了进口在GDP总量核算和贡献率分解核算中的不同作用,违背了贡献率核算中的进口项在消费、投资和出口中的匹配分解原则,从而大大低估了出口对中国经济增长的真实贡献。
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assessable contribution:分摊的会费
179assess a tax征税 | 180assessable contribution分摊的会费 | 181assessable remuneration应税报酬