查询词典 preference share

The author makes an empirical study on the stock price and price/book value ratio, trying to make exploring research methods in the non-tradable share pricing. These researches are important for the non-tradable share pricing in listed companies of China.

本文通过对中国上市公司的股价与市盈率和市净率的线性关系的实证研究，试图对中国上市公司的非流通股估价方法进行探索，这对于中国上市公司进行非流通股估价有重要的现实意义。

The positive test draws the following conclusions: control rights is significantly negatively related with firm value which indicates that the bigger control rights the actual controller hold, the lower firm value is; cash flow rights is significantly negatively related with firm value which may due to the ravening share bonus deeds by controlling shareholder; the separation ratio of cash flow rights to control rights is negatively related with firm value and not significant which may due to the ravening share bonus deeds,or the deficient market, or inadequate information exposure etc; stock proportion restriction is significantly positive related with firm value which indicates the good effect of stock proportion restriction; actual controller who participate in the management and the ratio of director who have position in controlling shareholder's company don't pass the significant test; the size of the company is significantly negatively related with firm value; the ROE cannot explain the firm value.

通过实证检验发现，我国金字塔结构下民营上市公司的治理效应有以下特征：控制权与公司价值显著负相关，说明实际控制人掌握的控制权越大，公司价值越低；现金流权与公司价值显著负相关，这可能与我国民营上市公司控股股东的"掠夺性分红"行为有关；现金流权与控制权的分离率和公司价值负相关且未通过显著性检验，这可能与控股股东的"掠夺性分红"行为有关，也可能与市场的不完善、信息披露的不充分等有关；股权制衡度与公司价值显著正相关，说明我国民营上市公司的股权制衡机制能够产生一定程度的效果；实际控制人参与管理情况与在控股股东单位任职的董事比例和公司价值的关系均未通过显著性检验；公司规模与公司价值显著负相关；ROE对公司价值没有解释力。

AGLOCO plans to list on London Stock Exchange, so how much a share worth will all depends on market price or fair value of the share, which is directly dependent on AGLOCO's profitability.

AGLOCO的计划清单，伦敦证券交易所，所以有多少每股价值都将取决于市场价格或公平价值的份额，这是直接依赖于AGLOCO的的盈利能力。

First ,it carry on the demonstration analysis to the efficiency of Chinese stock market , judge present efficiency state , then use relevant analysis technology and T examine law in econometrics to analyze the relevant relationship between split share structure and the efficiency of Chinese stock market , and then ,put qualitative analysis on the reason of low efficiency of Chinese stock market and the uncertainty change of Chinese stock market after reform , to investigate the influence degree on the efficiency of Chinese stock market by split share structure .

第三章为股权分置改革对股票市场效率的影响分析，先对中国股票市场效率进行实证分析，判断中国股票市场目前的效率状况，然后运用计量经济学中的相关分析技术和T检验法，对股权分置制度与中国股票市场的效率进行了相关性分析，再从对中国股票市场低效率的成因、股权分置改革后中国股票市场不确定性变化的定性分析中，考察股权分置改革对中国股票市场效率的影响程度。

Do poineering work board appear on the market company scope is little, market estimate value is difficult, stability of appraise value result is poor, and the stockjobbing action that plurality measures causes share price to appear to fluctuate considerably likely, share price operation is more apt also.

创业板上市公司规模小，市场估值难，估值结果稳定性差，而且较大数量的股票买卖行为有可能诱发股价出现大幅波动，股价操作也更为容易。

Its superhigh user hides a gender, let SHARE become network world natural resources to share the biggest umbrella.

其超高的用户隐匿性，让SHARE成为网络世界资源共享最大的保护伞。

The work up that carries a system integratedly as our country and perfect, relatively fragile in the past highway, waterborne especially marine wait for contemporary carriage means, below the new condition of reforming and opening, grasp opportunity, produce respective advantage, realized rapid development, broke railroad the monopoly position in freight, reasonable billabong partial railroad freight flow, enlarged freight market share, improved composition of market of our country freight, the inevitable result that should say this is modernization of progress of economic progress, society, traffic, but will look from another angle, also mirror taphole road to develop become rigid of logy, mechanism, lack to innovate, the demand that incommensurate socialist market economy expands, from this and contractible, market owns the market share that cause rate drop considerably, what should say these are not traffic development is inevitable, what system of incommensurate socialist market economy leaves the field such as ability of means of system of as politic as railroad oneself development, management, sale, service is normal move have affinity.

随着我国综合运输体系的逐步发展和完善，过去相对薄弱的公路、水运尤其是海运等现代运输方式，在改革开放的新形势下，把握机遇，发挥各自优势，实现了快速的发展，打破了铁路在货运中的垄断地位，合理分流了部分铁路货流，扩大了货运市场份额，改善了我国货运市场结构，应该说这是经济发展、社会进步、交通现代化的必然结果，但是从另一个角度来看，也反映出铁路发展迟缓、机制僵化、缺乏创新，不适应社会主义市场经济发展的需求，由此而造成的市场份额缩小、市场占有率大幅下降，应该说这些并不是交通发展的必然，与铁路自身发展策略、治理体制、营销方式、服务能力等方面不适应社会主义市场经济体制下的正常运行有密切关系。

With the authorization of the State Council, China's Cabinet, the Ministry of Finance and the State Administration of Taxation said they decided to cancel the share trading stamp tax on stock purchase while the stamp tax on share selling remained unchanged at 0.1 percent.

在国务院的授权下，国家财政部和国家税务总局决定取消对股票交易中的买方印花税的征收，卖方印花税率保持0.1％的额度，不做改变。

Third,the paper sets up a mathematical model for indirect tax shifting through algebraic method, it concludes a general rule on indirect tax shifting from VAT payers to others, the buyers only takes the full tax burden when there isn't any demand elasticity or full supply elasticity, and the sellers only takes the full tax burden when there is full supply elasticity or no demand elasticity, sellers and buyers share the tax burden respectively, the tax share amount has a straight line dependence to the commodity demand or supply elasticity, the proportion of indirect tax burden of sellers equal to the proportion between demand elasticity and the sum of demand and supply elasticity.

第三，本文用代数推理的办法推导出测算间接税税负转嫁的代数模型，从而得出增值税纳税人间接税税负转嫁的一般规律：销售者和购买者各自负担部分税负，其负担的份额取决于商品供求弹性的对比关系，销售者负担的间接税税负比例等于需求弹性系数占供求弹性系数之和的比例。

These companies want to become an industry first, and thus the largest share of the market share.

这些公司都想成为行业第一，从而分到最大的市场份额。

Aquatic or marsh-growing fern allies; known to have existed since the Cenozoic; sometimes included in Lycopodiales.

生活于水中或湿地的蕨类；从新生代生存至今；有时归于石松目之中。

The engine was uprated from a 90hp Franklin to a 125hp Lycoming.

改良过的引擎是从90hp到125hp莱康明富兰克林。