existing circumstances
- existing circumstances的基本解释
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现状, 现况
- 相似词
- 更多 网络例句 与existing circumstances相关的网络例句 [注:此内容来源于网络,仅供参考]
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On the other hand, beautiful thoughts of all kinds crystallize into habits of grace and kindliness, which solidify into genial and sunny circumstances; thoughts of courage, self-reliance, and decision crystallize into manly habits, which solidify into circumstances of success, plenty, and freedom; gentle and forgiving thoughts crystallize into habits of gentleness, which solidify into protective and preservative circumstances; loving and unselfish thoughts crystallize into habits of self-forgetfulness for others, which solidify into circumstances of sure and abiding prosperity and true riches.
截然相反的是,各种美好的思想会转变成坚强的习惯,它们会促成充满欢乐的环境;勇敢,自信与果断的思想会转变成坚强的习惯,它们会巩固充满成功,富足与自由的环境;文雅,宽大的思想会转变成温和的习惯,它们能进一步推进安全的,有保障的环境;充满爱心的,慷慨的思想转变成无私的习惯,它们会形成稳定,繁荣,真正富足的环境。——摘自《痛苦是错误思想的结果》詹姆斯。艾伦
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A consultable standard is needed while applying the legal circumstances stipulated in the penal code. The following steps may be effective: take into account all the details related to a crime including the circumstances for discretion without regard to the concrete legal circumstances presumably; decide abstractly the standard of punishment which should be applied to the crime; examine the legal circumstances and adjust the said criterion.
刑法规定的法定量刑情节需要一个参照基准,应在假定不考虑犯罪人的具体法定量刑情节的基础上,考虑犯罪人所有的与犯罪有关的全部犯罪细节包括酌定情节,抽象地确定这一犯罪应当适用的基准刑罚,再在此基础上,考虑量刑的法定情节,对基准刑罚进行适当的调整。
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In the part of empirical analysis of Chinese IPO first-day return, the difference between existing study and this study is that we use principal components analysis to extract from five factors to construct investors'sentiment index, add it to controled varibles, on which we examine the influence of offering mechanism on IPO first-day return. Moreover, we gather statistics and compare the IPO holding return for lockup period between fixed-price-class offering method and bookbuilding-class offering method, as well as price range between Chinese A-share market and Hongkong stock market, which prvide comprehensive evidence to appraise Chinese IPO bookbuilding mechanism. 2. Compare to the existing literatures which consider discount or allocation, incentive allocation and discount are considered at the same time in optimal mechanism design in this dissertation, and the offering bottom price is introduced to the price range. We investigate the relationship between price range and allocation quantity, and obtain the optimal price range and allocation strategy so that the advantages of independent allocation are reflected. On the other hand, the disadvantages of independent allocation are reflected in the manipulation in case of no restriction on IPO allocation. To distinguish from the existing literatures, bookbuilding mechanism is introduced to the model. We study the allocation strategy adopted by the underwriter in the pooling equilibrium of manipulation. In addition, we analyze the incentive compatibility conditions to which the existence of pooling equilibrium should satisfy and examine some factors'impact on the existence of manipulation.3. In bookbuilding without independent IPO allocation, Chinese realistic IPO background is considered and the condition of bookbuilding and fixed-price hybrid offering is added. Divide bookbuilding and fixed-price hybrid offering into sequential hybrid and simultaneous hybrid, and point out that the key points of subscription strategy in the two kinds of hybrid are different. Through modeling and simulation we obtain the impact of institutional investors'subscription strategy on bookbuilding without independent IPO allocation, which fill the gap in related research. Moreover, in the part of IPO bookbuilding with over-allotment option, the pricing strategy is divided into hot-IPO strategy and weak-IPO strategy. Take into account the procedure of Chinese IPO with over-allotment option, it presents how the underwriter determines the pricing strategy and what effect it brings to offering price and issue size through modeling and simulation. Therefore, it is instructive as a complement to existing literatures.
此外,对我国A股市场询价发行方式与固定价格发行方式下的IPO锁定期到期时持有收益率、以及我国A股市场与香港市场的询价发行价格区间进行了统计比较,为评价我国IPO市场的询价发行提供了比较全面的依据。2、相比已有文献仅考虑折价和分配中的一种激励措施,本论文在有自主配售权下的机制设计中并用了分配与折价两种激励措施,并且在价格区间的制定中引入发行底价,考察了价格区间与分配量之间的关系,得到最优的价格区间和分配策略,从中体现自主分配权的优点;在有自主分配权下的操纵行为研究中则体现了自主配售权的弊端,与已有文献不同的是,在模型中引入了累计投标询价机制,研究了承销商在混同均衡操纵中采取的分配策略,并对操纵存在的条件进行分析讨论,得出各个因素对混同均衡操纵存在的影响。3、在无自主分配权下的询价发行中,充分考虑了我国实际应用的背景,加入了与固定价格发售混合的条件,并将询价与固定价格混合发行分为序贯与同步两种方式,指出机构投资者在两种情况下申购策略的侧重点各有不同,通过对序贯混合发行方式下的网下累计投标策略以及同步混合发行方式下的资金分配策略的模型建立和数值仿真,考察了机构投资者申购策略对无自主分配权下的询价发行的影响,填补了相关研究文献的空白;在包含超额配售选择权的询价发行中,将发行定价策略分为热销策略和弱销策略,在考虑了我国含超额配售选择权的发行流程下,通过建模以及数值仿真得出承销商会对发行定价策略作出怎样的选取,进而会对新股发行价格、发售数量产生怎样的影响,对目前相关研究的缺乏做出了有益的补充。
- 更多网络解释 与existing circumstances相关的网络解释 [注:此内容来源于网络,仅供参考]
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existing building:在役建筑
生存理念:existing rational idea | 在役建筑:existing building | 现状调查:The Existing State
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existing building:既有房屋
现有结构:Existing structure | 既有房屋:Existing building | 存在的问题:existing problem
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existing handhold:现有把手[手柄]
existing guard;现有挡板 | existing handhold;现有把手[手柄] | existing hardware;现有金属附件