上市公司

词组短语

public company

与上市公司相关的网络例句 [注：此内容来源于网络，仅供参考]

This article uses the financial index to analysis the performance of 45 real estate listing companies which are listing on the Shanghai and Shenzhen Stock Exchange, and utilizes the factorization method to calculate their performance score, and analyzes how the capital structure, the equity structure and the company govern influences the performance of the listing companies. At last, we put forward some suggestions to improve the performance of the real estate listing companies.

本文以中国深沪A股市场45家房地产上市公司作为研究对象，主要采用财务指标对房地产上市公司展开绩效分析，运用上市公司绩效评价方法之一的因子分析法，计算房地产上市公司的绩效得分，并就房地产上市公司的资本结构、股本结构、公司治理等方面对其经营绩效的影响进行了分析，最后提出对了改善我国房地产上市公司经营业绩的对策建议。

With the controlling shareholders share the same trademark brands, large advertising expenses from the controlling shareholder of expenditure And the controlling shareholder with a brand share of listed companies is almost a common problem, some property owned by the controlling shareholders, some property owned by the listed companies, the controlling shareholder owned property rights in the circumstances, the listed companies only pay a small fee to use, and the brand Promotion of large fees from the controlling shareholder of expenditure, not to share listed companies, listed companies inflated the profits.

五、与控股股东共用同一个商标品牌，大量广告宣传费开支由控股股东开支与控股股东共享用一个品牌几乎是上市公司的一个通病，有的是由控股股东拥有产权，有的由上市公司拥有产权，在控股股东拥有产权的情况下，上市公司只需支付少许使用费用，而品牌宣传的大额费用由控股股东开支，而未让上市公司分摊，虚增了上市公司的利润。

We find that,(1) the regional market development influences CG——better institutional environment can improve CG and decrease the agency costs.(2) However, there is no influence for perquisite consumption, the reason for which is the existence of compensation regulation in our stated-owned corporate. The perquisite consumption remedies the low monetary reward and undertakes the recessive motivating effect. This is in accord with Li, Sun and Liu (2005) in which the managers' compensation contracts conform to the superior contracting theory.

经过实证检验我们发现：1、上市公司所处地区的市场化程度较高，那么公司的代理成本相对较低，从而证明了地区的市场化程度确实影响公司的治理结构，好的法律制度环境有利于上市公司治理结构的完善，降低公司的代理成本。2、地区市场化程度的高低对于上市公司经理人的在职消费没有显著的影响，这是因为我国国有企业薪酬管制的存在，在职消费作为低货币性报酬的补偿，承担着隐性激励的作用，这与李增泉、孙铮和刘凤委（working paper，2005）关于我国上市公司经理人的薪酬契约符合最优契约论的研究结论保持一致。

Firstly, the sectional data from 27 companies in communications and transportation industry, which are listed before 1999, are linearly regressed. We find their capital structure and firm performance are irrelated significantly. Then the section data are quadricly regressed, but the result is also disillusionary, which indicates that the capital structure of listed companies has not the best range only with the sectional data from 1999 to 2003. Finally, in allusion to the problems in the securities market and illogicality of the capital structure, we put forward some methods to optimize the capital structure for listed companies from four facts.

文章首先对交通运输仓储行业1999年以前上市的27家公司的截面数据进行线性回归，发现在分析时段1999年至2003年，样本公司的净资产收益率和单位经济增加值与资产负债率之间线性不相关；然后文章又对该行业上市公司的截面数据进行二次函数回归，同样也没有得到令人满意的结果，这说明仅就1999年至2003年五年的截面数据而言，上市公司资本结构不存在最优区间；最后，文章对我国证券市场存在的问题以及该行业上市公司资本结构的不合理性提出了改进的设想，并从四个方面提出了优化我国上市公司资本结构的建议。

The main conclusions are: [1] Rapid development of corporations engenders urgent demand of financing, conflict between capital market imperfection and demand of financing leads corporations to control listed corporations by purchasing "shell" and enhance it"s financing capability; [2] Two kinds of pricing institution of stock provides stirpses for controlling listed corporations by low cost, monitoring institution imperfections provides corporations for operating listed corporations. Adjust of national assets provides more "shells; [3] More private corporations purchase listed corporations, some of them form stirpses; [4] Stirpses have positive influence about adjusting industry and enhancing capital market financing function; [5] Stirpses magnify financial risk by controlling listed corporations, and transform listed corporations from shareholders benefit to block shareholder benefit, having tendency of infracting shareholders benefit.

本文主要的结论：[1]中国企业的迅速发展对融资有迫切的要求，中国国内资本市场发展不完善与这种强烈的融资需求的冲突导致了企业寻求通过买&壳&的方式控制上市公司，以此来提高自身的融资能力；[2]中国上市公司股票的两种定价机制为&系&低成本控制上市公司提供了可能，监管机制的不完善为&系&提供了操纵上市公司的空间，国有资产在调整过程中从部分竞争行业退出，为资本市场提供了一定数量的&壳&资源；[3]民营企业纷纷买&壳&上市，在这个过程中，部分实力突出的企业形成了&系&；[4]&系&现象对进行行业整合、提高资本市场融资能力等方面起到了积极的作用；[5]&系&通过对上市公司进行的操纵放大了金融风险，将上市公司的股东利益最大化变为大股东利益最大化，存在着侵害小股东利益的潜在倾向。

From the different point of view, the listed company refinances mechanism has different structure and form of expression. Look from forming the key element, the refinancing mechanism is melted out such key elements as the square , person who incorporates square , price , market , supervision of fund , intermediary ,etc. to form by the fund. According to financing source, the refinancing mechanism while being endogenous and other source financing form again; According to financing way, the refinancing mechanism makes up indirectly by the direct financing. According to financing tool, listed company refinance mechanism include creditor"s rights financing, stock financing, half stock right half creditor"s rights financing.

从不同的角度来看，上市公司再融资机制有不同的结构与表现形式：从构成要素看，上市公司再融资机制由资金融出方、资金融入方、价格、市场、监管者、中介机构等要素构成；从融资来源来看，上市公司再融资机制由内源融资和外源融资构成；从融资方式来看，上市公司再融资机制由直接融资和间接融资组成；从融资工具来看，上市公司再融资机制则包括债权融资、股权融资、半股权半债权融资。

Third, this paper theoretically demonstrates and analyzes the four assumptions of the preference theory of guarantee behavior of Chinese listed companies:(1) On the condition of guarantee behavior preference of Chinese listed companies shaped, Chinese listed companies take on the risks, duties and functions on evaluating and supervising the debtors which Chinese banks transfer to listed companies;(2) On the condition of guarantee behavior preference of Chinese listed companies shaped, the irrational financial and investmental psychology of the debtors bourgeons, and then, results in the appearance of irrational behaviors;(3) On the condition of guarantee behavior preference of Chinese listed companies shaped, the security screening system of bank is deformed, the "relation-security system" forms, and results finally that the self-develop system of the debtors becomes flabby;(4) On the condition of guarantee behavior preference of Chinese listed companies shaped, the "guarantee chains" and the "guarantee nets" give birth, and the "tool" function of guarantee,"guarantee chains" and "guarantee nets" forms.

第三，对中国上市公司担保行为偏好理论的&四大假说&进行了理论分析和验证：一是在中国上市公司担保行为偏好形成的情况下，上市公司承担了由银行通过保证担保转移过来的、对借款人进行评判和监督的风险、责任和职能；二是在中国上市公司担保行为偏好形成的情况下，借款人非理性投融资心理倾向萌发，并进而导致其非理性投融资行为产生；三是在中国上市公司担保行为偏好形成的情况下，银行担保筛选机制扭曲、&关系—担保机制&形成，并最终导致借款人&自强&功能弱化；四是在中国上市公司担保行为偏好形成的情况下，担保链、担保网得以催生以及保证担保、相互担保和担保网的工具性功能得以形成。

Repurchase of B share is the key of study and discussion.The author thinkthat securities repurchase has been an convention of international capitalmarket and that B share public enterprises should be allowed to repurchasetheir shares according to the adjustment of their capital requirement in order touphold share price and the image of enterprises.The sixth chapter,thedemerger of A Share and B Share,proposes the demerger of the equity of anenterprise which has issued both B share and A share under special conditions,in the situation that the phenomena of different prices for the same equity isdeteriorating,and the tentative plan to set up one pure B-share publicenterprise and one A-share enterprise.In the end,this chapter demonstratesthe feasibility from the view of law and finance.

而B股回购是目前研究和争论的焦点，笔者认为，证券回购已成为国际资本市场上通行的惯例，应当允许符合条件的B股上市公司根据公司资本结构调整需要，维护股价和公司市场形象等原因进行B股回购；第六章A、B股分立，针对目前A、B股同股不同价现象日益严重，特提出有条件的A、B股上市公司进行股权分立，成立纯粹的A股上市公司和B股上市公司的设想，并从法律、财务等方面进行论证。

Can release poineering plate gauge to seek an opinion from Chinese card inspect after draft, appear on the market of the company " achieve cast wind " sadly be current, more and more appearing on the market the company hopes to pass direct or indirect " achieve cast " will get yield, the near future, many appearing on the market the company tries water poineering investment in succession, a few companies were built achieve drop subsidiary, another some of company divides a thick soup to plan to appear on the market directly enterprise.

自中国证监会发布创业板规则征求意见稿后，上市公司的&创投风&悄然盛行，越来越多的上市公司希望通过直接或间接的&创投&来获取投资收益，近期，不少上市公司纷纷试水创业投资，一些公司建立起了创投子公司，另一些公司直接分羹拟上市企业。

Based on the data of listed companies suiting study, this paper tests the expropriation by controlling shareholder in public companies. The results show that the connection between the expropriations by the controlling shareholder with the proportion of controlling shareholder is a reversal 'U', the expropriation by the controlling shareholder is significantly negative related with the shares of the second shareholder, and the expropriation by the controlling shareholder is significantly positive related with the rate between debt and asset.

以我国1998 和1999 年新上市的符合研究要求的公司作为研究样本，对母公司侵占上市公司资金行为进行了研究，以第一大股东对上市公司资金侵占净额占上市公司总资产的比例为研究指标，对股权结构变量和关联交易变量进行回归，得出：上市公司第一大股东的持股比例，与其对上市公司的关联交易型&隧道挖掘&资金占用成倒&U&型关系；上市公司第二大股东的持股比例，与第一大股东对上市公司的关联交易型&隧道挖掘&资金占用成显著的负相关关系，第二大股东对于抑制第一大股东的侵占行为具有一定的作用；上市公司的负债比例越高，大股东对上市公司的资金占用就越多等结论。

与上市公司相关的网络解释 [注：此内容来源于网络，仅供参考]

Listing-Corporate Finance Department：上市公司 财务部(香港联合交易所有限公司)

Listing-Accountancy and Prospectus Vetting Department 上市会计及招股章程审阅部(香... | Listing-Corporate Finance Department 上市公司 财务部(香港联合交易所有限公司) | Liu Chong Hing Bank Limited 廖创兴银...

Listed company：上市公司

(由1996年第9号第2条修订)"上市公司"(listed company) 指有任何股份在联合交易所上市的公司; (由1994年第73号第2条增补)"大股东"(substantial shareholder) 就任何公司来说,指─"上诉委员会"(Panel) 指根据第18条设立的证券及期货事务上诉委员会;

Listed company：股票上市公司

私人公司 private company | 股票上市公司 listed company | 内资公司 domestic-funded company

State-owned Listed Company：国有上市公司

国有投资公司:State-owned investment company | 国有上市公司:State-owned Listed Company | 国有公司:The state-owned company

listed companies：上市公司

在新加坡商业市场,在股票交易所挂牌交易的公司称为"上市公司"(Listed Companies)或"公共公司"(Public Companies)或"公共上市公司"(Public Listed Company).

to be listed on the stock market：成为上市公司

listed companies 上市公司 | to be listed on the stock market 成为上市公司 | The company has a $10 billion market capitalization on the Hong Kong Stock Exchange.该公司在香港股票交易所的总市值为一百亿...

quoted company：上市公司

quotation spread 报价差额 | quoted company 上市公司 | quoted share 上市股票;挂牌股票

quoted company：证券上市公司 quoted company 证券上市公司

3119 1 quick ratio 速动比率 quick ratio 速动比率 | 3121 1 quoted company 证券上市公司 quoted company 证券上市公司 | 3122 1 quoted price 牌价 quoted price 牌价

listed corporations：上市公司

上市公司 (-:-) listed company | 上市公司 (-:-) listed corporations | 上市股份 (-:-) listed shares

Model Code for Securities Transactions by Directors of Listed Issuers：《上市公司董事进行证券交易的标准守则>

<<上市公司董事指引>> Guide for Directors of Listed C... | <<上市公司董事进行证券交易的标准守则>> Model Code for Securities Transactions by Directors of Listed Issuers | 上市公司资料库 Primary Market Da...