查询词典 negative capital

This paper chooses residual income model to measure the cost of equity capital, and construct some index to represent the total disclosure quality and earnings disclosure quality of Chinese listed companies. Our analysis shows that for the whole sample of listed companies which conduct seasoned equity offerings in the stock market, controlling 6, company scale, B/M, leverage and asset turnover, there is positive relationship between the total disclosure quality and marginal cost equity capital; there is negative relationship between the earnings radical and marginal cost equity capita; there is no remarkable relationship between the earnings smoothness and marginal cost equity capital.

本文采用剩余收益模型计算公司的股权融资成本，分别以披露总体质量和盈余披露质量作为反映我国上市公司信息披露质量的指标，研究发现在控制β系数、公司规模、账面价值比、盈利水平等因素的条件下，总体来看，信息披露总体质量越高的样本公司的边际股权融资成本越高；盈余激进度与边际股权融资成本负相关；而盈余平滑度与边际股权融资成本的关系并不显著。

After the actual data analysis, this article discovered that, the circulation stock and the law annual bonus account for the total capital stock proportion elevating, is advantageous to the promotion enterprise's management achievements, has confirmed this article the supposition which starts in the article to propose; But the national stock institute accounts for the enterprise total capital stock the proportion and the enterprise manages in the achievements overall to assume the negative influence, moreover because the state-owned stock generally accounts for the maximum proportion, therefore, the stockholder's rights centralizations manage the achievements in the this time also basic performance for the state-owned stock to the enterprise the influence, basically has also confirmed myself the supposition which proposed to the national stock.

经过实际数据的分析，本文发现，流通股和法人股所占总股本比例的升高，有利于提升企业的经营绩效，验证了本文在文章开始提出的假设；而国家股所占企业总股本的比例与企业经营绩效总体上呈负面影响，而且由于国有股一般占最大比例，所以，股权集中度在此时也基本表现为国有股的对企业经营绩效的影响，基本上也验证了本人对国家股提出的假设。

The economic growth accounting of China's provinces between 1990 and 2004 finds some results like the following: no matter whether human capital was introduced or not, there were technological inefficiencies in most provinces'economic activity which were pure technological inefficiencies or scale technological inefficiencies; technological change, capital deepening and human capital accumulating all promoted labor productivity, but technological efficiency change played a negative role during these years as a whole; the descending order of provincial difference of labor productivities'changes brought out by each factor was technological change, capital deepening, technological efficiency change and human capital accumulating; each province's pure technological efficiency change or scale efficiency change not only had different size, but also different evolution route.

中国各省在1990～2004年间的经济增长核算结果表明：不论是否引入人力资本，大多数省份的经济活动都存在着技术无效率，这既包括纯技术无效率，也包括规模无效率；技术进步、资本深化和人力资本积累都促进了劳动生产率的提高，而技术效率的变化整体上来说在其中起阻碍作用；各因子引致的劳动生产率变化的省际差异从大到小依次为技术进步、资本深化、技术效率的变化和人力资本积累；各省的纯技术效率或规模效率的变化不仅大小不同，而且它们的演变路径也不一样。

This paper analyzes the status of capital flight characteristics, portfolio theory, clarifying property rights, legal and regulatory mechanisms to analyze the Chinese capital flight the cause of the problem. new features and channels, as well as capital flight to China's economy has a negative impact.

本文主要分析了我国资本外逃的现状特点，从资产组合理论、产权明晰、法律和管理机制等角度来分析中国资本外逃问题的成因、新特点和渠道以及资本外逃对中国经济所产生的负面影响。

With the expansion of foreign capital scale, the negative effect of foreign capital protrudes. Whether the scale of foreign capital is excessive has been the focus of researchers in China.

随着利用外资规模的扩大，外商投资对我国经济发展的负面影响也开始凸显，外商投资规模是否过度的问题成为国内学者关注的焦点。

Now social capital factors on China's rural governance problems are mainly the expansion of the negative social capital and the lack of positive social capital.

目前我国农村治理问题的社会资本因素主要是消极社会资本的膨胀及积极社会资本的缺失。

On the other hand we admit that as one form of capital social capital also bears some negative impacts just like material capital and human capital.

当然，作为资本的一种形式，与物质资本和人力资本一样，社会资本也具有负面效应。

Capital is negative develop the useful and discard the useless is the main thread that capitalist economy relation evolves into, it is the unity with capital self-approval and capital negative ego, in new economy, this one substaintial farther expression comes out.

资本消极扬弃是资本主义经济关系演变的主要线索，它是资本自我肯定与资本自我否定的统一，在新经济中，这一本质进一步表现出来。

This paper endogens carbon tax and subsidy two variables, discussing how to decide the optimal level of carbon tax and subsidy. The results of the research are obtained as the following:(1) price and capital subsidy which one is priority depend on the productivity of renewable energy capital, if productivity is high enough, then should adopt capital subsidy policy;(2) price and capital subsidy indeed exist trade-off and non-independent relationship;(3) renewable energy regulation ratio has negative effect on carbon tax, however has positive effect on price subsidy;(4) green certificate price increase will result in decrease carbon tax and price subsidy, but increase capital subsidy;(5) if the authority loose the environmental target, then should impose high carbon tax which maintains the environmental quality, but have ambiguous effect on subsidy policy;(6) increasing stability of renewable energy, then increase price subsidy, however, under budget constraint should decrease capital subsidy;(7) analyzing Taiwan's three wind power energy with different price subsidy, which can improve the technology of wind power energy. In another word, it can raise the capacity of wind power energy and reach the goal of renewable energy.

本文考量政府预算限制下，探讨最适碳税税率与补贴率订定之问题，获得如下发现：(1)发电量补贴与资本补贴对促进再生能源发展效果不一样，决定於再生能源资本的生产力，如果资本生产力足够高，则发电量补贴效果较佳；反之，则应优先采行资本补贴措施；(2)发电量补贴与资本补贴的确存在抵换而非独立关系，亦即在政府预算限制下，为促进再生能源发展，应将种种补贴措施整合考量，以最低行政成本达到再生能源发展目标；(3)再生能源管制配比与碳税税率及资本补贴率呈反向变化关系；而与发电量补贴呈正向关系；(4)绿色权证交易制度具促进再生能源管制目标达到之奖励效果，因此，绿色权证价格提高可降低发电量补贴及碳税税率，降低碳税对经济不利冲击效果；(5)政府如果采行较宽松环境目标，宜提高碳税税率，避免环境品质进一步恶化，然而，对发电量或资本补贴之影响效果不确定；(6)再生能源发电效率愈高，则应提高再生能源发电补贴，在预算限制下，应降低再生能源资本补贴；(7)透过台湾三座风力机组的实证分析，采取差异性发电量补贴，将可诱导较高效率风力机组的投资行为，提高整体风力发电效率，达到再生能源发展之目标。

China Eastern Airlines by the end of September the net assets of 528 million, four-quarter loss may be the main industry in more than 528 million yuan, and the company as of CAO hedging October 31浮亏18.3 billion, resulting in a full-year net assets of the company a great possibility that the negative, if able to obtain 3.0 billion capital injection will improve the company's financial part, it is still difficult to ensure a negative net assets from the risk of the economy in the company in the industry operating under the degree of decline is also difficult to have more a great improvement.

中国东方在9月底航空公司的5.28亿的净资产，四季度的亏损可能是主业超过5.28亿元，公司作为中航油对冲10月31日浮亏183亿美元，导致在一个完整，全年净资产公司的可能性很大，负，如果能够获得3.0亿元的注资将改善公司的财务部分，但仍然难以保证，从经济风险的公司在行业负净资产在下降的方式运作，也难以有更多的一大进步。

Breath, muscle contraction of the buttocks; arch body, as far as possible to hold his head, right leg straight towards the ceiling (peg-leg knee in order to avoid muscle tension).

呼气，收缩臀部肌肉；拱起身体，尽量抬起头来，右腿伸直朝向天花板（膝微屈，以避免肌肉紧张）。

The cost of moving grain food products was unchanged from May, but year over year are up 8%.

粮食产品的运输费用与5月份相比没有变化，但却比去年同期高8％。