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With the controlling shareholders share the same trademark brands, large advertising expenses from the controlling shareholder of expenditure And the controlling shareholder with a brand share of listed companies is almost a common problem, some property owned by the controlling shareholders, some property owned by the listed companies, the controlling shareholder owned property rights in the circumstances, the listed companies only pay a small fee to use, and the brand Promotion of large fees from the controlling shareholder of expenditure, not to share listed companies, listed companies inflated the profits.

五、与控股股东共用同一个商标品牌，大量广告宣传费开支由控股股东开支与控股股东共享用一个品牌几乎是上市公司的一个通病，有的是由控股股东拥有产权，有的由上市公司拥有产权，在控股股东拥有产权的情况下，上市公司只需支付少许使用费用，而品牌宣传的大额费用由控股股东开支，而未让上市公司分摊，虚增了上市公司的利润。

Parl 2 CalcuIation Of the rdet tO vote for sharehothers This part explains in detail theprinciple for one share one vote system according to the company act of our country and alsotells the calculation methods for non-voting share, the share with vote of majority and theshare with accumulative vote on the basis of both foreign legislation and our company act.

本文结合我国公司法的规定，具体阐释了一股一表决权原则，对于无表决权股份、多数表决权股份以及累计表决权的计算，文中根据各国立法先例，结合我国公司法实际，进行了有选择性的探讨。

Equity is the ownership interest in a firm including equity share capital, share premium, preference share capital, free reserves, and surplus profits.

公平是所有权的兴趣，坚定的，包括股权资本，股份溢价，偏好股本，免费的储备，和盈余的利润。

Based on the samples of over 1000 listed companies at the beginning of Reform of Non-tradable Shares in 2004 and 2006, the share proportion CR1 of the largest shareholder, Z index calculated as the ratio of share ratio of top 2 shareholders and H10 index calculated as the sum of square of share ratio of top 10 shareholders, and Tobin'Q reflecting the value of target company are sele

本文以股权分置改革开始的前后两年即2004年和2006年的一千多家中国上市公司为研究样本，选取第一大股东持股比例CR1、前两大股东持股比例的比值Z指数以及前十大股东持股比例的平方和H10指数作为衡量大股东控制程度的指标，采取托宾Q值来作为衡量公司价值的指标，把公司规模、财务杠杆和第一大股东性质虚拟变量作为控制变量，建立回归方程，实证结果发现三次？

If accuse share price in order to collect to behave reference, collect at that time accuse every to be more than 120 yuan, but drop to last week 43 yuan half, share price evaporated three, and report is filled with the share price before putting forward to be changed demesne to be n duality 7 horn half, he says: If follow constant to point to, now should drop to two-spot, with collect accuse more remnant gets a yuan.

如以汇控股价表现作参考，当时汇控每股为一百二十多元，但上周跌至四十三元半，股价蒸发了三分二，而电盈在提出私有化前的股价为二元七角半，他说："如跟恒指走，今日应跌到两元，跟汇控更剩得一元。"

Eighthly,on the basis of the agent"s risk share model in Holmstrom and Milgrom,the risk evasion and the effect of the staff"s property on risk share was studies,and the reasonable risk share proportion on the staff under risk evasion and property restriction was analyzed,and the effective environments for different restrictions was probed into further.

在文献m与 Milg＊m］的代理人风险分担模型的基础上，基于企业与员工的风险规避，研究了风险规避以及员工资产对风险分摊的影响，分析在风险规避和资产约束条件下员工合理的风险分摊比例，并探讨不同约束的生效环境。

We use the wage share of every subdivisional industry in the total wage of manufacturing industry as dependent variable. The independent variables include export share, import share, capital/output ratio and total capital contributed ratio.

其中以1998-2003年制造业细分行业平均工资占整个制造业平均工资的比重为因变量，以制造业细分行业每一行业贸易的出口额和进口额占总出口额和总进口额的比重，以及资本-产出比和总资产贡献率作为自变量。

As a result, Nokia's market share slipped from 38 percent of the world market in 2005 to 30 percent by the end of 2004, resulting in another savaging of the historically volatile share price, though its market share appears to have stabilized since.

结果，诺基亚的市场份额从2004年的38%下滑到2005年底的30%，导致历史上又一次的股价剧变。

As a result, Nokia's market share slipped from 38 percent of the world market in 2005 to 30 percent by the end of 2004, resulting in another savaging of the historically volatile share price, though its market share appears to have stabilized since.

结果是，诺基亚的市场份额从2005占世界市场的百分之三十八下滑到2004年底的百分之三十，从而导致诺基亚历史上又一次股票价格大波动，不过从那时起，其市场份额似乎已经稳定下来。

Data shows, the sea jumps over share to be in come out its are established achieve after joining a company, share price rises quickly nearly 65%, but release in poineering plate gauge hind, occurrence diving of its share price.

数据显示，海越股份在传出其设立创投公司之后，股价迅速上涨近65%，但在创业板规则发布后，其股价出现跳水。

Singer Leona Lewis and former Led Zeppelin guitarist Jimmy Page emerged as the bus transformed into a grass-covered carnival float, and the pair combined for a rendition of "Whole Lotta Love".

歌手leona刘易斯和前率领的飞艇的吉他手吉米页出现巴士转化为基层所涵盖的嘉年华花车，和一双合并为一移交&整个lotta爱&。

This is Kate, and that's Erin.

这是凯特，那个是爱朗。