偏好

Firstly, S.G. Badrinath et al (1989) studied the prudent stock preference of institutional investors for the first time.

由于研究机构投资者审慎性持股偏好具有较高的理论及现实意义，国外学者已对其做了一系列的研究，其中最重要的研究成果有二：一是S.G。

Non-circulating shares concentrated excessively are the intrinsic motivation of Chinese listed companies stock financing preference.

2非流通股一股独大是造成上市公司股权融资偏好的内部原因。

The literature on the analyses of stock financing preference is far too large in recent years at home but these researches still have some limitations.

我国上市公司偏好股权融资这一行为是不符合传统金融理论的。

In order to find what impact stock financing preference produces to the listed companies,this paper ,based on the 66 listed companies which carried out additional shares in 1999,tries to analysis the correlationship between stock financing preference and listed companies'operational performance.

为研究股权融资便好行为对我国上市公司产生的影响，本文以1999年沪市实施了配股或增发新股的66家公司为样本，试图研究股权融资偏好与公司经营业绩之间的相关性。

Because of stock market's low efficiency,listed companies'internal control,stock financing's low cost and capital market's structural flaw,the listed companies of our country show strong stock financing preference on the choosing of refinancing method.

摘 要：由于股票市场的低效率、上市公司严重的内部人控制、股权融资的低成本以及资本市场的结构性缺陷等原因，我国上市公司在再融资方式的选择上，呈现出强烈的股权融资偏好。

You probably realize by now that our trading preference is stock options.But you have probably also been told or read that options are risky.

你可能醒悟到，我们的贸易是偏好股票options.but大概也有人告诉你这还是经过选择冒险。

This paper attempts to analyse the financing behavior of the listed company with the behavioral financing theory, and make research on the behavioral factors which result in the preference for stock financing in conjuction with the financing practices of Chinese listed companies.

本文尝试用行为融资理论来分析上市公司的融资行为，同时结合中国上市公司的融资实践来考察导致股权融资偏好的行为因素。

After reviewing the modern capital structure theories and comparing with the foreign capital structures,it is proved that the funding preference on stock market does exist in Ch...

在进行了现代资本结构理论回顾及国外融资结构分析之后，本文证明中国上市公司存在股权融资偏好及筹资效果不理想。

But if I had my preference, I'd watch them in order.

但是，如果我有我的偏好，我会关注他们的秩序。

From what has been discussed above, you can get your preference.

从上面所讨论的，你可以得到你的偏好。

But we don't care about Battlegrounds.

但我们并不在乎沙场中的显露。

Ah! don't mention it, the butcher's shop is a horror.

啊！不用提了。提到肉，真是糟透了。