投票权

The authors choose the proper regress methodology ac- cording to the characteristics of our panel data.

在根据面板数据本身的特征选择适宜回归技术的基础上，通过研究发现，在通过家族控股上市而形成的民营上市公司中，年度内董事会会议次数对企业的市场价值有显著的正向影响，而在通过兼并重组取得控股地位的民营上市公司中，这种影响并不显著；在考虑控股股东现金流权与投票权分离程度的调节作用后发现，随着控股股东现金流权与投票权分离程度的提高，年度内董事会召开会议次数的增加有利于企业市场价值的增加。

In this thesis, we study the problem from the angle of completion of shareholders' voting rights, and prove that the reason of disequilibrium in Chinese stock market is that the incompletion of the shareholders' voting rights.

本文在推导出股票市场均衡条件的基础上，通过对股东投票权完备性与投资者行为选择关系的研究，揭示了中国股票投资者投票权的非完备性及其所导致的投资者投机一致性行为选择。

On such day: there develops, occurs, exists or comes into force any event whereby in the reasonable opinion of the Underwriter, the success of the Open Offer or the business or financial condition and/or prospects of the group would, might be or is likely to be adversely affected or which makes it inadvisable or inexpedient to proceed with the Open Offer; or there comes to the notice of the Underwriter or the Underwriter shall have reasonable cause to believe that any of the undertakings or other obligations expressed to be assumed by or imposed on the Company under the underwriting agreement have not been complied with in any material respect; or there comes to the notice of the Underwriter or the Underwriter shall have reasonable cause to believe that any of the representations or warranties given by the Company under the underwriting agreement was untrue, incorrect, misleading or inaccurate in any material respect which adversely affect the success of the Open Offer; which in the reasonable opinion of the Underwriter: is or may or will be or is likely to be adverse to, or prejudicially affects, the business or financial or trading position or prospects of the group taken as a whole; or is or may or will be or is likely to adversely affect the success of the Open Offer and/or makes it impracticable, inexpedient or inadvisable for any part of the underwriting agreement and the Open Offer to be performed or implemented as envisaged; or make or will or is likely to make it impracticable, inexpedient or inadvisable to proceed with the Open Offer or the delivery of the convertible non-voting preference shares on the terms and in the manner contemplated by the Prospectus or the underwriting agreement.

Samson Paper Holdings Limited Provisional Allotment Account 倘于接纳可兑换无投票权优先股份及付款的截止时间后两个营业日下午六时正前任何时间出现下列事件，则公开发售包销商Quinselle Holdings Limited可于该日期下午六时正前任何时间向本公司发出书面通知以终止包销协议：因任何事件之出现、发生、存在或生效而令包销商合理认为将会、可能或极大机会对公开发售能否顺利进行或本集团之业务或财政状况及╱或前景构成不利影响，或致使进行公开发售实属不合理或不合宜；或包销商注意到或包销商有合理理由相信本公司并无于所有重大方面遵守根据包销协议列明须承担或获委予之任何承诺或其他责任；或包销商注意到或包销商有合理理由相信本公司根据包销协议作出之任何陈述或保证于任何重大方面属失实、错误、误导或不准确而对公开发售能否顺利进行造成不利影响；而包销商合理认为：经已或可能或将会或大有可能对本集团整体业务或财政或经营状况或前景造成不利影响或损害；或经已或可能或将会或大有可能对公开发售能否顺利进行构成不利影响及╱或使持续进行使包销协议的任何部份或公开发售的进行或落实为不实际、不合适或不合宜；或按发售章程或包销协议拟订之条款及方式持续进行公开发售或寄发可兑换无投票权优先股份导致、将为或大有可能为不实际、不合适或不合宜。

Samuel Chase was not a republican: he believed that Americans should not have the same rights. For example, he believed that all citizens should not have the right to vote. He said this would lead to mob rule.

塞缪尔。蔡斯不赞成共和政体：他认为所有美国人不应该有着同样的权利，例如，他认为所有公民不能都有投票权，他说如果所有人都有投票权，那么将会导致暴民的统治。

Issuing nonvoting stock allows a company to raise additional capital while maintaining management control and continuity without diluting voting power.

发行无投票权股票允许公司在不被稀释投票权以维持管理层控制和连续性的情况下来增资。

Companies may issue both voting and nonvoting common stock, normally differentiating the issues as Class A and Class B, respectively.

公司可以发行有投票权和无投票权普通股，一般以A级和B级作为区分。

Every corporation may issue 1 or more classes of stock or 1 or more series of stock within any class thereof, any or all of which classes may be of stock with par value or stock without par value and which classes or series may have such voting powers, full or limited, or no voting powers, and such designations, preferences and relative, participating, optional or other special rights, and qualifications, limitations or restrictions thereof, as shall be stated and expressed in the certificate of incorporation or of any amendment thereto, or in the resolution or resolutions providing for the issue of such stock adopted by the board of directors pursuant to authority expressly vested in it by the provisions of its certificate of incorporation.

每家公司均可发行一个或多个类别的股票，也可发行任何类别股票的一个或多个系列。任何或所有类别的股票可以有面值，也可以无面值，并且这些类别或系列的股票可以有完全或有限的投票权，或者没有投票权，并且还可以有名称、优先权以及相对的、参与性的、可选的或其他特别的权利以及对股票的限定、限制或约束，上述各项应载列表述在注册成立证书或对其的任何变更中，或者董事会依据公司注册成立证书中的规定向其明确授权的权限通过的、规定了股票发行的一项或多项决议中。

A person having the right to vote in an election shall have the right to vote in a referendum.

一个人拥有投票权的选举中不得有投票权的公民投票。

Disenfranchising the punters would not only give investors an incentive to hang onto their shares for longer, the argument runs, but would also encourage those with voting rights to use them, as they would know their votes would be more likely to count in board elections and so forth.

剥夺股东的投票权不止给了投资人拉长持有股票时间的动机，同时也能鼓励他们行使投票权，因为他们知道他们的一票很有可能在董事会等地方产生影响。

Hence the G20's most concrete promise, that 5% of the IMF's quotas (which determine countries' share of the votes at the institution) will shift away from overrepresented rich countries. Coming on the back of another shift in quotas in April 2008, this promises to alter the balance of power within the fund quite substantially.

因此，20国集团最明确的承诺就是将从发达国家的过多的投票权中拿出5%的份额给发展中国家。2008年4月曾有过在IMF内部进行投票权转移的承诺，这个承诺到现在最终实现了。

In the United States, chronic alcoholism and hepatitis C are the most common ones.

在美国，慢性酒精中毒，肝炎是最常见的。

If you have any questions, you can contact me anytime.

如果有任何问题，你可以随时联系我。