1) equity financing paradox

股权融资之谜
1.
The main findings are: (1) there is also the equity financing paradox, and the adverse selection theory cannot explain this paradox in Chinese stock market; (2) Chinese firms do choose the equity public offering time to exploit the market, and this equity market timing hypothesis can be used to explain the.
本文主要做了以下两点工作:(1)验证了中国上市公司的股权再融资也存在“股权融资之谜”,且间接成本理论不能解释“股权融资之谜”;(2)利用“股票市场择时性”假说来解释“股权融资之谜”,并且通过实证分析验证了该解释。
2) Equity Premium Puzzle

股权溢价之谜
1.
Test of the China s Equity Premium Puzzle:──An Application of Hansen-Jagannathan Method;

中国股权溢价之谜的检验──Hansen-Jagannathan方法的应用
2.
An Empirical Investigation on Equity Premium Puzzle in China;

中国的股权溢价之谜:基于Hansen-Jagannathan方差界的实证研究
3) equity financing

股权融资
1.
The Analysis on Chinese Listed Companies Huge Return of Equity Financing;

我国上市公司股权融资超额收益问题研究
2.
According to the model,we can see that the firm with relatively expected low-productivity will choose equity financing for M&A,and the firm with relatively expected high-productivity will choose debt financing for M&A,and the firm with expected medium-productivity will not choose financing from outside.
通过该模型可以看到,企业若估计并购整合后的新公司期望产出水平相对较低,就会选择股权融资方式进行并购融资;若估计新公司期望产出水平相对较高,则会选择负债融资方式;新公司的期望产出水平若介于二者之间,企业则不会对外融资,仅选择内部融资。
3.
The reasons for the weakening in equity financing and debt financing of China s companies are then pointed out.
本文从制约的角度,分析了各种融资方式对公司经营者的不同治理效应,指出了我国股权融资和债权融资治理弱化的原因,提出了相应对策。
4) Stock Ownership Financing

股权融资
1.
The advantage of stock ownership financing in moden enterprise and the reason that enterprises have a partiality for stock financing in China were analyzed on emphasis.
重点分析了现代企业股权融资运作的优势及我国企业偏好股权融资的原因。
2.
e stock ownership financing and debt financing (including bonds and loans obtained from banks or other financial organizations)occupy in regard to the total capitals of the enterprise.
文章主要讨论企业的外部融资结构 (直接与间接 ) ,即股权融资与债务融资 (包括债券和从银行等金融机构获得的贷款 )在企业总资本中所占的比例 ,同企业治理之间的相互关系。
5) stock financing

股权融资
1.
Study on Compare of Corporate Stock Financing Behavior between America and China;

美中企业股权融资比较研究
2.
Their financing behaviors violated the Financial Law of modern financing theory, resulting in the strong preference to stock financing, which has brought about some problems such as the low efficiency of stocking capitals, poor performance caused by excessive stock expansion and abnormal operation of financing system, etc.
由于历史原因,我国很多上市公司脱胎于计划经济下的国有企业,其融资行为违背了现代融资理论的"融资定律",呈现出强烈的股权融资偏好。
6) equity finance

股权融资
1.
Research on the Equity Finance of China s Listing Companies;

中国上市公司股权融资问题探讨
2.
Over the past years, the judgment of excessive equity finance by Chinese listed companies has been to a large extent based on perceptual knowledge rather than theoretical analysis and explanation.
一直以来,对中国上市公司存在过度股权融资现象的判断很大程度上是基于感性认识,经验分析和理论解释并不多见。
3.
It is necessary to introduce guarantee fund for equity finance for the purpose of establishing a binding system and accountability system, facilitate credit building, avert market risks and safeguard the interest of investing public.
然而,我国上市公司股权融资尽管经过了保荐、核准等程序,但却无需资产抵押或担保,并且无需缴存一定数量的保证金。
补充资料:讔谜
1.犹讔语。
说明:补充资料仅用于学习参考,请勿用于其它任何用途。
参考词条