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In an acquisition, the offeror and majority stockholders are the deciders. The majority shareholders have chance to damage the benefits of minority stock holders by their advantage of capitals and information for their own profits. Following the gradually separating between ownership and rights of management , directorate is becoming more and more the center of decision in a corporation and has possibility to damage the minority stock holders benefits in some situation .

在公司收购中，收购要约人和目标公司大股东是行为的左右者，大股东利用其资金和信息优势，为了自身的利益有可能作出损害小股东权益的行为；随着两权的日益分离，公司董事越来越成为公司经营的中心，董事会权利越来越大，在关涉自身利益的时候，也有损害小股东利益的可能。

This part Measures firms" size with market value of float shares, and divides each portfolio into quintiles and deciles to choose an appropriate grouping method. The second part divides the sample into two sub-samples to tests the different performance of "small firm effect" in two periods. The third part tests different performance of each month. The fourth part studies the "small firm effect" in five industries, the industry, the commerce, the public utilities, conglomerates and the properties, and uses Fame-Macbeth method to research "the small firm effect" in the different industries. The fifth part analyzes the reason why the "small firm effect" exists in China stock market referring to the western explanation about "the small firm effect and the character of China stock market. In the end, we provide some suggestion.

论文运用实证方法检验中国股市&小公司效应&的存在性，用流通股市值作为公司规模大小的度量，用五分组和十分组两种分组方法检验中国股市&小公司效应&的表现；把整个样本区间以2001年为界分为两个样本子区间，检验&小公司效应&在不同时间阶段的表现有何不同；分月检验&小公司效应&在不同月份的表现；把样本中所有上市公司按照行业分为五大类，工业类、商业类、公用事业类、房地产类和综合类，利用Fama-MacBeth法检验中国股市&小公司效应&在不同行业的表现；联系国外关于&小公司效应&存在原因的解释，结合中国股市的实际，分析中国股市&小公司效应&存在的原因，并提出了一些建议。

SQL语言,Delph 6,数据库组件,仓库管理请帮我把它们用英语翻译过来吧最佳参考答案: This system mainly completes to the books warehouse stock management, including the books warehousing, the storehouse, the stock, the staff information, supplies business information as well as the password management and so on six aspects.

本系统主要完成对图书仓库的库存管理，包括图书入库、出库、库存，员工信息，供给商信息以及密码管理等六个方面。

Two years ago Microsoft stopped issuing big dollops of stock options, retreating to more modest helpings of stock grants.

这样的做法给退休工人们一些确认的东西－有价值的股票。

Technical analysis is an investment method to forecast the stock prices trends by the study of past information of the stock, which originated from the Dows theory.

技术分析是指运用证券的价格、成交量等历史信息预测证券价格未来走势的投资分析方法，最早源于美国的道氏理论。

I have been in all my Circumstances a Memento to those who are touch'd with the general Plague of Mankind, whence, for ought I know, one half of their Miseries flow; I mean, that of not being satisfy'd with the Station wherein God and Nature has plac'd them; for not to look back upon my primitive Condition, and the excellent Advice of my Father, the Opposition to which, was, as I may call it, my ORIGINAL SIN; my subsequent Mistakes of the same kind had been the Means of my coming into this miserable Condition; for had that Providence, which so happily had seated me at the Brasils, as a Planter, bless'd me with confin'd Desires, and I could have been contented to have gone on gradually, I might have been by this Time; I mean, in the Time of my being in this Island, one of the most considerable Planters in the Brasils, nay, I am perswaded, that by the Improvements I had made, in that little Time I liv'd there, and the Encrease I should probably have made, if I had stay'd, I might have been worth an hundred thousand Moydors; and what Business had I to leave a settled Fortune, a well stock'd Plantation, improving and encreasing, to turn Supra-Cargo to Guinea, to fetch Negroes; when Patience and Time would have so encreas'd our Stock at Home, that we could have bought them at our own Door, from those whose Business it was to fetch them; and though it had cost us something more, yet the Difference of that Price was by no Means worth saving, at so great a Hazard.

一般人往往有一种通病，那就是不知足，老是不满于上帝和大自然对他们的安排。现在我认识到，他们的种种苦难，至少有一半是由于不知足这种毛病造成的。患有这种病的人大可以从我的一生经历中得到教训。就拿我自己来说吧，正是由于我不满自己原来的境况，又不听父亲的忠告--我认为，我有悖教训，实为我的&原罪&，再加上我后来又犯了同样的错误，才使自己落到今天这样悲惨的地步。当时，造物主已安排我在巴西做了种植园主。如果我自己不痴心妄想发财，而是满足于逐渐致富，这时候我也许已成了巴西数一数二的种植园主了，而现在我却白白地在这荒岛上流落了这么多年，过着悲惨孤寂的生活。而且，我在巴西经营时间不长；就是在这段短短的时间里，我也获利不少。因此我确信，要是我继续经营下去的话，到现在一定拥有十几万葡萄牙金币的家财了。当时，我的种植园已走上了轨道，并且日益兴旺。可是，我偏偏把这一切丢弃，甘愿去当一名船上的管货员，只是为了到几内亚去贩卖黑奴。现在想来，我为什么要这样做呢？要是我守住家业，只要有耐心，经过一段时间之后，同样可以积聚大笔财富，我不是也可以在自己的家门口，从那些黑奴贩子手里买到黑奴吗？虽说价钱贵一点，但这点差价绝不值得自己去冒这样大的风险！

In the empirical part, She sampled 138 enterprises from Shanghai Stock Exchange and Shenzhen Stock Exchange, adopt their financial statistics from 1998-2002 and use logical regression analysis method to filter 21 variables that are ready to be adopted by the model(including 7debt paying ability indicators,3 operation power indicators,6 erning power indicators,2growth power indicators and 3value creating ability indicators).

本文在总结国内外有关企业财务预警以及EVA研究成果的基础上，阐述了财务预警的相关理论、EVA的理论框架。

By conditional heteroscedasticity model and stochastic volatility model, the author analyzes the characteristics of peaked kurtosis and fat tails distributing in the series of the return of stock index, discusses the asymmetry and long-memory effect of the volatility process, and studies the information-driving process of volatility in stock market by using the decomposed trade volume as the agent variable of information.

先后运用条件异方差模型、随机波动模型等捕捉股指收益序列分布的尖峰厚尾特征，进而研究了波动过程的不对称性、长记忆效应等，并以经过分解的交易量作为信息的代理变量，研究股市波动的信息驱动过程。

Flotations on the New York Stock Exchange, Nasdaq and the American Stock Exchange have raised a combined $38.3bn, according to the exchanges.

纽约证交所、纳斯达克和美国证交所的资料显示，同期在这些交易所上市的企业共筹资383亿美元。

According to Dealogic, flotations raised $25.4bn on the New York Stock Exchange, propelled by the $19.8bn listing of Visa in March, while $9.3bn was raised on the London Stock Exchange.

Dealogic的数据显示，受Visa今年3月上市融资198亿美元推动，纽约证交所的上市融资额达到254亿美元，而伦敦证交所的上市融资额为93亿美元。

However, as the name（read－only memory）implies, CD disks cannot be written onorchanged in any way.

然而，正如其名字所指出的那样，CD盘不能写，也不能用任何方式改变其内容。

Galvanizes steel pallet is mainly export which suits standard packing of European Union, the North America. galvanizes steel pallet is suitable to heavy rack. Pallet surface can design plate type, corrugated and the gap form, satisfies the different requirements.

镀锌钢托盘多用于出口，替代木托盘，免薰蒸，符合欧盟、北美各国对出口货物包装材料的法令要求；喷涂钢托盘适用于重载上货架之用，托盘表面根据需要制作成平板状、波纹状及间隔形式，满足不同的使用要求。