查询词典 financing

This article Bases financing of MSEs the status quo in China present situation. and trying to analysis the root questions of MSEs financing from microscopically angle acroscopic angle . then basis actual conditions and Proposes a series of practical feasible measures

本文结合我国中小企业的融资现状，试图从微观、宏观角度分析中小企业融资问题的根源，并以此为基础结合实际情况提出了一系列切实可行的对策。

Seen as a whole, Chinese debenture market is developing on a small scale and intermittently at present. Viewed from the capital structure, Chinese corporations rely heavily on stock financing rather than credit financing. The issuing scale and rhythm of debenture can?t respond adjustably to the fluctuation of macroeconomic indicators.

目前我国企业债券市场，从总体上看，发展不连续、规模过小；从资本结构上看，企业融资过度依赖于股权融资，而忽略了债权融资；企业债券发行规模与节奏尚不能对宏观经济指标的变动做出适应性反应。

Scholars of traditional finance theory, agential theory and information economy have done a lot of researches on dedt's tax-free and financing leverage financing leverage function ,financial cost redectiion and company's management improvement.

传统财务理论、代理理论、信息经济学等领域的学者们对债务融资的免税和财务杠杆效应、降低融资成本、改善公司治理状况等方面进行了大量的研究。

Surveying that the different investments and the risk preference of firm agent affect the financial decision, a conclusion was gained: If firm manager is risk averter, then he prefers internal finanacing or equity financing to debt financing.

结合已建立的模型基础和会计分析方法，对资本结构和有关的财务指标对经营利润影响进行分析，为优化企业举债经营提供一些可行的基本策略。

For these reasons, we must look at this problem systematically. Only if we find out an integral way to solve the problems in the financing of the small enterprise. We will braise for a road with Chinese characterizes for the financing of the small enterprise.

因此，需要从系统论的角度，提出解决小企业融资困难的完整办法，才有可能走出一条具有中国特色的小企业融资之路。

However,the initial direct costs undertaken by financing lease lessors is actually the capital expenditure.The cause of capital expenditure is that financing lease lessors never yield rent revenue in the following periods.The initial direct costs are supposed to be handled as the compone...

出租人承担的初始直接费用实质上是融资租赁出租人为获取以后各期的租金收益发生的资本性支出，其应当构成融资租赁资产的成本，不应当作为一种债权资产处理，并由此对现行准则中有关融资租赁初始直接费用会计处理提出了改进建议。

Firstly, market financing does not meet the demands on financing of the government. Secondly, the system fund is allocated distortedly. Thirdly, investors invest in an unreasonable way.

新股发行制度非有效供给表现为：一是市场筹资效果无法满足政府筹资意愿；二是制度资金配置功能扭曲；三是投资者投资行为非理性。

Then it analyze the financing goal, cost, risk dividedly and introcuce the theory of capital sanction from western world in order to provide some guide for analysis and selection of financing means .

接着，归纳了融资的主要目的、融资成本和风险，并简要介绍西方资本结构理论，以便为融资方式的分析及选择提供一般性指导。

The author suggest that the capital structure is dominatingly determined by the difficulty of financing, uncertainty of refinancing polices and deviation of financial goal. In some senses, the financing behavior of listed companies can be partly explained by market opportunity theory.

笔者认为各种资金获取的难易程度、再融资政策的不确定性、以及融资决策目标的偏离是形成我国上市公司融资结构的主要原因，市场时机理论也能在一定程度上解释我国的融资行为。

And thus I provide the evidence to undermine the commonly held opinion that China's public companies improved their performance by increasing financial leverage ratio. Seventhly, the international comparison reveals that the development of capital market has direct influence on the industry performance and the capital markets of developed countries are more effective than those of developing ones. Whether the finance system is bank-dominated or capital-market-dominated means little to the effectiveness of capital market and also the industry productivity. Eighthly, capital market, bank and FDI differ markedly in the mechanism of financing selection, supervisory effectiveness and industry characteristics. Averagely, capital market is the most appropriate mechanism among the three out-sourcing financing, considering the supervisory cost and effectiveness comprehensively. Certainly, some flaws remain in this study.

因此，我们认为，中国各产业上市公司产业绩效的提高不是通过提高财务杠杆比例来实现的；第七，基于资本市场自身的国际比较研究表明，资本市场发展程度直接影响其对产业绩效的改善和促进程度，成熟市场的资本配置效率显著高于新兴市场，而金融体系以银行为主导还是以资本市场为主导，并不影响资本市场功能的有效发挥，也不对产业绩效的影响产生效率上的差异，仅仅表现为在多大规模或范围内对产业绩效产生影响；第八，基于资本市场、银行贷款及外商投资3种外源融资方式对产业绩效影响的比较研究，三种方式在融资选择机制、监督力以及所影响的产业特征方面均存在显著差异，三者对不同产业绩效的影响呈现互补作用，而资本市场是监督成本与效力结合较好的融资方式。

I will endeavour to find you some assistance.

我尽力帮你找人帮忙。

At first I only know bruck is the idol of American younglings, afterwards I returned back to Taiwan ,even in Beijing last year ,I saw her poster everywhere, I was so surprised at her charm.

起初我只晓得布鲁克雷德丝是美国少男少女崇拜的偶像，后来回台湾，甚至去年在北京，居然也四处看见她的海报，才惊讶她的魅力之大。