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The equity securities and debts issued by a corporate firm can be regarded as options on the firm s assets, Approaches that option theory is used to price stocks and bonds are analyzed, The benefit relationship between shareholder and debtee in corporate finance decision is dscussed.

介绍了现代期权定价理论的基本框架,阐明了公司股票和债券是基于公司资产的期权,分析了用期权理论给股票、债券定价的方法,讨论了公司金融决策中股东和债权人之间的利益关系。

If we reconsider the role of limited liability system, we will find that it has a positive part in reducing shareholders' risk and to encourage their investment, and meanwhile, it also has a negative part in causing the abuse and damage to the debtee's interest.

反思有限责任制度的作用,既有减少股东股资风险,激励其投资积极性的一面,又有被滥用以致损害债权人利益的消极方面。

However, legislation is not equal to practice. When someone breaks the law,defective incorporation occurs universally, which making the benefit of company, stockholder, debtee unsure.

然而立法理性不能确保实践之理性,公司瑕疵设立现象在实践中普遍存在,造成公司、股东、债权人等利益的不确定。

HeTianRan Group said, the SanLu had been decree into the bankruptcy by the local court because of the debtee's request.

恒天然方面表示,当地法院根据债权人的要求,已经判令三鹿进入破产程序。

Mortgage of exploration rights refers to , based on the relevant laws the license holder , as debtor , assumes responsibilities for the debtee utilizing his her exploration rights untransfererd .

还有下面一句:探矿权抵押是指探矿权人依照有关法律作为债务人以其拥有的探矿权在不转移占有的前提下,向债权人提供担保的行为。

In the case of applying for declaration of bankruptcy of a debtor by a debtee, the debtee shall provide proof relevant to the amount and character of the creditors and the proof that the debtor being incapable to repay the due debt.

债权人申请宣告债务人破产的,应当提供关于债权数额、性质以及债务人不能清偿到期债务的证据。

Legally , debt-to-equity swap means the conduit of the debtee converting its legal financial claims into investment to the debtor and increasing registered capitals of the debtor accordingly .

债转股即债权转股权的简称,从法律意义上讲,就是指债务人的债权人将其对债务人所享有的合法债权依法转变为对债务人的投资,增加债务人注册资本的行为,它包括债权的消灭和股权的产生两个法律关系。

Creditors in the debtor bear the same number of cases of debt,...

在债务人对同一债权人所负的数宗债务中,。。。

If he does not satisfy the judgment, or no one in court offers himself as surety on his behalf, the creditor may take the defaulter with him.

如果他没有履行偿还债务的裁决,或者法庭上没有人为他担保,债权人可以认为他违约。

There was little hope, then, of learning her address from any of the tradespeople; and yet, on the other hand, it was just possible that some of her sharpest creditors might have made it their business to discover the defaulter's retreat.

那么,他就没有希望从任何一个商人那儿打听到她的地址了;可是,在另一方面,她的某几个厉害的债权人,倒很可能以发现欠债者藏身之地为己任的。

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On the other hand, the more important thing is because the urban housing is a kind of heterogeneity products.

另一方面,更重要的是由于城市住房是一种异质性产品。

Climate histogram is the fall that collects place measure calm value, cent serves as cross axle for a few equal interval, the area that the frequency that the value appears according to place is accumulated and becomes will be determined inside each interval, discharge the graph that rise with post, also be called histogram.

气候直方图是将所收集的降水量测定值,分为几个相等的区间作为横轴,并将各区间内所测定值依所出现的次数累积而成的面积,用柱子排起来的图形,也叫做柱状图。

You rap, you know we are not so good at rapping, huh?

你唱吧,你也知道我们并不那么擅长说唱,对吧?