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Following such study clue, I gradually introduced the factors that should be taken into account in discretionary disclosure and integrated all the theories in a frame. Firstly, I introduced the concept of "proprietary cost" and analyzed the level and strategies of disclosure which were taken by firms.

本文按照逐步引入影响因素的方法将现有的理论串成一线:首先引入"专有性成本"这一因素,分析了专有性成本理论框架下公司选择性披露水平及决策问题;在此基础上,引入了产品市场竞争因素,分析了不同产品市场竞争环境下公司的选择性披露决策;接着,笔者又将金融市场竞争因素引入,解释了为什么上市公司事实上并非完全遵循产品市场竞争环境下的披露策略,而会出现披露的"羊群行为"。

Some studies indicate that the industry concentration ratio is too low and the scale of firms is too small which is bad for the improvement of efficiency,but others has the opposite opinions that China steel industry has the characteristic of diseconomy of scale and there is not an obvious relation between efficiency and market structure.

关于市场结构和经济绩效之间的关系,概括起来主要有市场力量假说和效率结构假说。不同的假说意味着不同的政策含义。确定我国钢铁行业规模效率特征和市场结构与企业效率的关系是实施正确产业政策的基础,具有重要意义。

Money held by households and firms is contracting - a harbinger of disinflation and slump.

家庭和商户所持有的现金在缩水,这预示着通货紧缩和经济萧条。

The purpose of this study is to investigate the process of traditional travel firms being reintermediated while encountering disintermediation.

因此面对去中间化如何创造再中间化,便是本研究最大的动机与目的。

This paper begins with the introduction of modern paper service industry, then makes particular expatiations on the status in quo of interrelated field, including the advantageous business opportunity on Paper service brought by the developing of the Paper industry, the disjuncture between the big market requirement and the behindhand techomologhy of the domestic traditional Paper service, and that the top service market is occupied by the foreign Paper service firms. Further more, the paper also makes a in-depth analyse on the marketing environment, the competition environment and the devoloping trend of the domestic Paper service industry, with a SWOT analysis to make relevant strategy investigation.

本文首先从论述中国造纸服务行业的现状入手,对当前造纸工业蓬勃发展所带来的有利商机,国内传统的造纸服务业因技术落后无法满足市场需求造成的矛盾,以及国外造纸服务型企业趁机进入中国市场并占领高端服务领域的现状进行了详细论述;同时对中国造纸服务行业的市场环境和竞争环境及其发展趋势进行了较为深入分析,并进一步做了SWOT分析及对应策略研究。

Ltd. Foshan display is a specialized development, development and production and sale of various types of display and Net line of professional firms category.

佛山市展示架有限公司是一家专门开发、研制生产及销售各类展示架与网线类的专业公司。

To let them, dispossessed laid-off factory-workers, back to the firms can help to avoid social turmoil effectively.

让那些无依无靠的下岗工人重新就业可以有效的避免社会动乱。

It is not unusual for disreputable firms to start gently.

这是不寻常的不名誉厂商开始平缓。

Even as Western financial firms have fallen into disrepute, banks in emerging markets are treated as paragons of probity.

甚至,拒绝西方金融机构的同时,新兴市场的金融机构被奉为诚实的典范。

At this point, the distance of the first three listed firms to the city for more than a year has passed.

在这一点上,前3家上市公司的距离为一年多来全市已通过。

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Lugalbanda was a god and shepherd king of Uruk where he was worshipped for over a thousand years.

Lugalbanda 是神和被崇拜了一千年多 Uruk古埃及喜克索王朝国王。

I am coming just now,' and went on perfuming himself with Hunut, then he came and sat.

我来只是现在,'歼灭战perfuming自己与胡努特,那麼,他来到和SAT 。

The shamrock is the symbol of Ireland and of St.

三叶草是爱尔兰和圣特里克节的标志同时它的寓意是带来幸运。3片心形叶子围绕着一根断茎,深绿色。