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The dissertation begins with the investigation of the fruitful research on function of debt governance in developed countries such as UK, US, Japan and Germany, and attempts to fill some important gaps in our understanding of inefficient investment controlling function, bankruptcy threat function and function of creditor's participating in corporate governance; Second, Theoretical and empirical study is done on whether three functions of debt governance can work well in state-owned listed companies. The result shows that so far the function of debt governance can't work well as expected; Third, after examining the special institutional background of China, the dissertation argues, grounded on the research results, that the essential institutional reasons include creditors and debtors being "quasi" market participants, the "quasi-equal" debtor-creditor relationships and the "quasi" market rules; Finally, it comes to the conclusion that the fundamental methods to change the situation are to encourage the supervision of banks, to deepen the reform of state-owned companies and to fulfill the outside institutional requirements for guaranteeing the function of debt governance.

文章首先借鉴英美、日德等发达国家对债权治理功效的已有研究成果,总结归纳出负债抑制非效率投资功效、负债的破产威胁功效以及债权人直接介入公司治理功效;其次,分别对三大债权治理功效在我国国有控股上市公司中能否发挥作用进行理论解析和实证检验,研究发现,目前我国企业债权治理功效不能发挥应有的作用;再次,针对研究结论,从我国特有的制度背景出发,分析其症结,认为我国目前的债权债务双方的&准&市场主体、债权债务双方的&准&平等关系、&准&市场游戏规则是导致债权治理功效不能发挥作用的根本制度原因;最后,提出解决对策,认为增强银行的监督激励、深化国有企业的改革以及实现债权治理功效的外在制度要求是债权治理功效发挥作用的根本途径。

According to the "measures" to apply for the funds industry of wind power equipment manufacturing enterprises must comply with six conditions: First, equipment with independent intellectual property rights and brands, including independent research and development, joint development or re-introduction of technology innovation, we must have complete technical documentation; Second, stand-alone wind turbine capacity of 1500 kilowatts above; are three wind turbine through the Beijing Kam value of product certification and Certification Center; four are supporting wind turbine blades, gear box, generators owned by owned or-controlled enterprises in manufacturing, to encourage the adoption of Chinese-funded or Chinese-holding enterprises manufactured converter and bearings; five are the same enterprise applications using the same technology to support different models of products, poor power 500 kW above; six wind turbine are completed in the domestic production, installation, commissioning, trouble-free operation for more than 240 hours, and through acceptance owners.

根据&措施&的风力发电设备制造企业基金行业申请必须符合6个条件:一,具有自主知识产权和品牌,包括自主研发,联合开发或重新引进设备技术创新,我们必须有完整的技术文档;第二,独立风力发电机组1500万千瓦以上;有三个,通过北京鉴认证和产品认证中心的价值,风力发电机;四是支持风力涡轮机叶片,齿轮中,所拥有或控制的生产企业所属发电机,鼓励采用中资或中控股转换器和轴承制造企业,5个是相同的企业应用程序使用相同的技术来支持不同型号的产品,功率差500千瓦以上; 6个风力发电机组是在国内生产,安装完成,调试,无故障运行超过240小时,并通过业主验收。

Lushan School is a new state-owned voluntary experimental school, trying out the mode "State Owned, Principal Administered, Privately Funded, and Independently Operated".

麓山学校是一所新型的国有民办实验学校,试行&学校国有、校长负责、经费自筹、办学自主&的模式。

Panqi Long told reporters after members of the group of companies and enterprises around the transformation of state-owned enterprise management mechanisms, to carry out a wide range of explorations and efforts, but did not touch on the relationship between property rights and state-owned workers of labor relations, so be it to build Economic responsibility system, smashing the "three-iron," reductions to improve efficiency, or to carry out sub-line soldiers and civilians, the separation of the project, diverting staff, despite the reform of enterprises have played a role, but there are still a lot of limitations.

盘棋龙告诉后的公司和周围的国有企业改造组成员记者国有企业管理机制,进行的探索和努力十分广泛,但没有触及产权关系和国家关系的国有职工劳动关系,因此无论是建立经济责任制,打破了&三铁,&减员增效,或进行了亚行的士兵和平民,该项目的分离,分流人员尽管企业改革,发挥了作用,但仍有不少限制。

The following is mainly dealing with the problems excisting in rural drinking water:tap water popularizing rate is high but low in really qualified drinking water; water supply costs so much but earns so little; it is hard to e,nter into the market and the percentage of private investment is low; water price is higher and higher year by year but service quality is still unsatisfactory; it is rich in water amount as a whole but poor in available water on the preson average; more administration and few law means;more state-owned corporations and few private-owned corporations; hygiene standard is out of date and there is few index parameter amount.It points out inputing fund is the key to solve the problem of rural drinking water.and the difficult point is how to manage the corporation.The

政府要加快立法,理顺行业监管职能归属,适当集中管制权,改革价格管制方式,推进产权和经营管理体制改革,尽快修订农村饮用水卫生标准,推广用水户参与式管理,加强水源保护和水污染治理,并提出了解决浙江省农村饮用水的总目标和阶段性的目标与任务。

The ancient Turkic nationalities were nomadic nationalities and their families bore many nomadic characteristics that were the semi-independence, the public-owned pasturage and the privately owned livestock.

古代突厥语诸族是从事游牧业的民族,其家庭组织具有浓厚的游牧色彩,具有半独立性,牧场公有,牲畜私有,它与农业民族的家庭组织有所不同。

Fu Chengyu right and the "new state-owned enterprises" understanding that the state-owned enterprises in promoting outside under a self-transformation, to the market, including the international market.

而傅成玉对&新国企&的理解是,国企在外力推动之下进行了自我改造,走向了市场,包括国际市场的竞争。

Chinese state-owned industrial enterprises' performance varied with the U model since 1978. Under the conditions of sellers' market and shortage economy before 1992, the state-owned enterprises' productivity increased and profitability decreased.

1978年以来,中国国有企业的绩效呈现出U型变动模式。1992年前,在卖方市场和短缺经济的条件下,国有企业的生产率提高而利润率却大幅下降。

It with the stockholders rights structure target, the company governs the structure target to carry on the multiple regression analysis The result 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, the first major stockholders as the state-owned enterprise holding must be more easier than the non-state-owned enterprise holding to invade behavior and the expropriation by the controlling shareholder is significantly negative related with the independent trustee proportion.

数据结果表明,控股股东和上市公司之间的关联交易规模与控股股东持股比例呈显著的正相关关系,控股股东持股比例与上市公司的经营性资金被占用率呈倒&U&型关系;第二大股东对于抑制控股股东与上市公司之间的关联交易规模具有一定的作用;当控股股东为国有企业控股时要比非国有企业控股更容易发生大股东侵占行为。

Alter Martin owned the kennel name "von der Wienerau", which produced 363 litters! within 4 years, and Hermann Martin owned the kennel name "von Arminius", producing another 206 litters!

ALTER MARTIN 拥有名为VON DER WIENERAU 的犬场,在四年内繁殖了363窝德牧;HERMEN MARTIN 拥有名为VON ARMINIUS 的犬场,繁殖了206窝。

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推荐网络例句

He paid $5,000 for this cupcake.

他我这个纸杯蛋糕花了5000美元。

I mean, if you want to, that is

我的意思是,如果你们想吃的话。

In addition to his fee, he would be awarded an unaltered clone of himself.

除了费用,他将获得一个不作任何改造的克隆体。