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unlisted adj.1.未登上名冊的。2.非公開登記的;內部安排的。...

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Venture investment means a way of investment whereby investors invest the venture capital in a newly - built or quickly - growing unlisted new company , provide the long - run investment of share rights and value - added service , on the basis of undertaking a risky venture , to promote the company to move forward greatly and then withdraw his original investment by listing , merger or consolidation , or other methods of transfering the share rights , and to reap in high reward in the end 風險投資是指投資人將風險資本投向剛剛成立或快速成長的未上市新興公司,在承擔很大風險的基礎上,為融資人提供長期的股權投資和增值服務,培育企業快速成長,數年后再通過上市、兼并或其他股權轉讓方式撤出投資,取得高額回報的一種投資方式。

Based on analysis of the overall conditions and changes of capital structure of listed companies , following conclusions are made : capital structure of listed companies has been greatly improved compared with before their listing and those unlisted ones . 1 . the rate of liabilities / capital decreases a lot due to broadening of capital source . 2 net capital profit rate and average profit rate , the two indexes of capital utilization , have been improved to some degree 目前國有上市公司與其改制前及國有非上市企業相比資本結構得到很大程度的改善:資本來源渠道大大拓寬,資產負債率大大降低;反映資本使用效率的兩個指標,即凈資產收益率和平均銷售利潤率,都不同程度的得到改善;利潤分配形式靈活多樣。

Company unlisted achieves going public of its assets and business , and broaden a new approach of raising and financing by the listing qualification of the other companies listed . company listed can realize the raisinig of achievements and advoid the risk of pausing , even stopping to go public 在我國企業兼并收購市場上,非上市公司通過借殼實現了自身資產、業務的間接上市,拓寬了籌、融資方式和途徑;上市殼公司通過被借殼實現了業績的提升、避免了上市殼公司被停牌、摘牌的風險。

Secondly , compared with unlisted bond funds , investors in a bond etf will be able to invest or liquidate their investments in the fund by buying or selling units of the fund on the stock exchange , which generally involves lower transaction costs and trades in a manner that is familiar to investors at large 相反,若投資者持有個別債券組合,便要自行作出上述的調整。第二,與非上市債券基金比較,債券交易所買賣基金的投資者可以在交易所買賣基金單位。這個交易方法的成本一般較低,而且是大部分投資者所熟識的。

According to the sampling survey of family businesses in zhejiang , we come to the following conclusions : on the relationship between family businesses governance structure and their performance , there is a tendency of seeking for remarkable short - term sales performance with lack of motivation of long - term development ; in the unlisted small and medium sized family businesses , the dominant shareholder does not present itself as a problem but as an advantage ; the clear ownership structure in family businesses can improve their performance remarkably ; the effect of improving the fairness of the decisions is much more than that of weakening the applicability of the decisions resulting from the outside consultant institution of family businesses , thus improving their governance efficiency 摘要根據對浙江地區家族企業的抽樣調查研究,本文得到以下實證結論:在我國家族企業治理結構和經營績效關系方面:家族企業融入外部資本和管理資源都存在一個追求短期銷售績效的傾向;非上市中小家族企業并不存在“一股獨大”問題,而是具有“一股獨大”優勢;家族企業股權分割清晰能顯著提高企業績效;家族企業外部顧問制度的“公正性效率”的提高顯著大于“適用性效率”的降低,家族企業的治理效率得到改善。

In light of the growing problems involving illegal brokerage of unlisted stocks , where not only a fair and transparent trading system was lacking , their settlement also involved tremendous risks . in the efforts to address this issue , we established the emerging stock market on january 2nd of this year 鑒于以往未上市柜股票透過盤商仲介交易弊端叢生,不僅發行公司資訊不明,相關財務業務資料不能即時公開交易資訊也沒有客觀公正的揭示管道,成交資訊更是付之闕如。

After that , nine listed companies such as xinchao industry , huaguang china company , double stars , etc declared business combination by stock exchange with other nine unlisted companies in succession . in january , 2004 , tcl group made use of identification as parent company to merger its subsidiary , thus achieved its repurchase & recombination ipo ( initial public offerings ) . these business combinations by stock exchange all make use of the pooling of interests method , which represents their accordant fancy to this method 之后,新潮實業,華光陶瓷,青島雙星等9家上市公司陸續宣布與另外9家非上市公司換股合并, 2004年1月, tcl集團利用控股母公司身份吸收合并其上市子公司從而實現“回整上市” ,這些換股合并一律采用了權益結合法,表現出對權益結合法的一致偏好。

In the recent 50 years , many models such as multivariate discriminate analysis and neural network come out . however , in our country , financial distress prediction just begins . the main reasons are as follows : one reason is the lack of uniform accountant rule before july 1 , 1993 , the other reason is the difficult of having the financial dates of unlisted companies 但是,在國內對企業財務困境預測的研究才剛剛起步,并且主要集中在對上市公司財務困境預測的研究上,其主要原因有兩點:一是1993年7月1日之前我國并沒有實施統一的會計準則,缺乏可靠規范的研究數據;二是非上市公司財務數據的獲取十分困難。

I ( the undersigned ) am seeking services from the hku family institute ( below named as “ institute ” ) , and hereby authorize the institute to obtain and share my information with the following agencies that have already provided services and other unlisted agencies which may be involved in the coming future in relation to my treatment at the institute 本人(以下簽署者)現正尋求香港大學家庭研究院(下稱”研究院” )的服務,并授權研究院與下列現時服務機構以及其他將來有關服務機構取得及商討有關本人之資料和治療情況。

Article 197 if a securities firm , in violation of the provisions of this law , engages , without approval , in the trading of unlisted securities , it shall be ordered to make rectification , its illegal gains shall be confiscated , and it shall be fined not less than the amount of but not more than five times the illegal gains 第一百九十七條證券公司違反本法規定,未經批準經營非上市掛牌證券的交易的,責令改正,沒收違法所得,并處以違法所得一倍以上五倍以下的罰款。

In a word , backdoor - listing can bring profit for companies both listed and unlisted , in spite of this , it , unavoidedly , can lead to a series of problems , such as the qualification of subject , the takeover of backdoor - listing , the connected transaction of the counter - takeover 但是,借殼上市一方面為上市公司和非上市公司帶來雙贏利益的同時,另一方面也引發了一系列問題。尤其是借殼上市主體資格問題、借殼上市收購問題、借殼上市反向收購中關聯交易問題。

However , unlisted companies are many times bigger than listed companies in our country , it is urgent for us to work on financial distress prediction under status quo . as one of old industry bases of p . r . china , there are many state - owned enterprises in shenyang city 但鑒于目前國內非上市公司的數量遠遠多于上市公司,因此,研究如何利用國內外現有的研究成果,結合中國的實際對眾多國有企業的財務困境做出準確的預測,是擺在我們面前迫切需要解決的問題。

Article 197 any security company that manages unlisted securities trading without approval in violation of the provisions of this law shall be ordered to make a rectification , confiscated of the illegal income and concurrently imposed a fine of more than 100 % less than 500 % of the illegal income 第一百九十七條證券公司違反本法規定,未經批準經營非上市掛牌證券的交易的,責令改正,沒收違法所得,并處以違法所得一倍以上五倍以下的罰款。

It synthesizes and comparatively studies various methods of enterprise value assessment of listed companies and unlisted companies from home and abroad . and it regards dcf as the main method of enterprise value assessment during m & a 文章以目標企業為例,在對目標企業進行財務分析的基礎上,通過綜合和比較國內外上市公司和非上市公司企業價值評估的各種方法,確定了以折現現金流量法這一評估框架作為企業價值評估的主導方法。

Thirdly , the price discovery process of a bond etf will be more transparent than that for a traditional unlisted bond fund , as the information on price quotes and transacted prices are conveniently accessible to the public through the stock exchange 第三,債券交易所買賣基金的定價過程亦比傳統的非上市債券基金的透明度為高,因為公眾可透過交易所得悉有關報價及成交價的資料。

But even if in the same country , the varied structure and character of the companies also lead to different principal - agent problem - the major conflict - e . g . , the most obvious differences lies between the listed and unlisted companies 即使在同一國家,不同的公司結構和性質也導致其委托? ?代理問題的主要矛盾的不同,最明顯的便是上市公司與非上市公司之間的差別。

In telephone surveys , a technique for creating a probability sample by randomly generating telephone numbers . by using this method , all numbers ( including unlisted ) have an equal chance of being called 在電話調查中使用的一種方法,它以隨機產生的電話號碼作為隨機抽樣的樣本.通過這種方法,使所有號碼(包括未被列入電話號碼簿的電話號碼)都有同等的被抽樣的機會

This not only provided a legal trading market for unlisted companies , but also presented individual investors a legal , safe and transparent venue to trade . q4 . hen did the gtsm deploy the weighted average stock index 為解決上述問題,提供未上市柜公開發行公司的股票一個合法安全透明的交易市場,并將未上市柜股票納入制度化管理,以保護投資大眾。

New constituencies , including listed and unlisted mainland enterprises and logistics should be introduced . he also suggested that the constituency for “ sports , performing arts , culture and publication “ should be split 有嘉賓建議擴大功能團體,包括上市和非上市中資機構,以及物流運輸界,并且分拆演藝、體育、文化和出版界。