股东

We find that there is high negative correlation between assets-liability ratio and holding stock proportion of the biggest shareholder's.

结果发现，资产负债率与第一大股东持股比例显著负相关，即大股东控制的上市公司会更多地选择权益资本融资而不是负债融资。

Article 97 A joint stock limited company shall prepare and keep in the company the articles of association, register of the shareholders, counterfoil of corporate bonds, records of the shareholders' meetings, records of the meetings of the board of directors, records of the meetings of the board of supervisors, and financial reports.

第九十七条股份有限公司应当将公司章程、股东名册、公司债券存根、股东大会会议记录、董事会会议记录、监事会会议记录、财务会计报告置备于本公司。

Mr David said the Aim market had provided CREO with a loyal shareholder base, which would transfer holdings into shares in the new Singaporean vehicle.

大卫表示，AIM曾为CREO提供了一个忠实的股东基础，这些股东的持股将转换为在新加坡上市的新公司股份。

We define the shareholders holding more than 30% of the ownership of listed companies as CS.

我们将持股比例达到或超过30%的股东定义为控股股东。

Company creditors, including convertible debt creditors and the creditors of the debt conversion, and both shareholders have different legal status to legal protection is not the same, generally, the creditors of the company in a vulnerable position, the company's shareholders to the rights and the rights of creditors of the company are not very good, so in reality, Company creditors often without protection phenomenon.

公司债权人包括可转换债债权人和不可转换债的债权人，两者与股东有着不同的法律地位，受到的法律保护也不相同，总体来说，公司债权人处于一种弱势的地位，股东享有公司的各项权利，而公司债权人的权利却不是很充分，因此在现实中，经常出现公司债权人的利益得不到保护的现象。

Based on the theory of agency, the theory of property rights and the theory of the ownership structure of the firm, Michael C. Jensen developed a hypothesis of free cash flow. He points out "Conflicts of interest between shareholders and managers over payout policies are especially severe when the organization generates substantial free cash flow. The problem is how to motivate managers to disgorge the cash rather than investing it at below the cost of capital or wasting it on organization inefficiencies."

在借鉴资本结构论、公司控制权市场论、契约论等研究成果的基础上，詹森提出了自由现金流量理论，该理论主要讨论了股东与管理者之间存在的代理成本问题，认为股东应该"促使管理者吐出这些现金，而不是将剩余现金以低于资本成本的收益率进行投资，或者在低效率的组织中耗费"。

The cost and performance theory also tries to get equilibrium between the development of the company and the benefits of the dissenter.

成本与效益理论也是试图在公司发展与异议股东利益之间寻得平衡的一种理论，以较低的成本来获取公司与股东利益的最大化。

The theory of equilibrium base on the foundation that there should set up equilibrium between the dissenter and the company.

公平对待理论是以异议股东享有股份收买请求权为前提，来换取公司决议得以通过，从而在公司与股东之间求得平衡。

By strictly according to decided procedure to operating, it can implement the right of the dissenter and not to take into abusing. At the same time, it can protect benefit of the company and make the important resolution put into execution.

只有严格按既定的程序来操作，才既能使异议股东的权利得以顺利实现，不至于被某些股东加以滥用，又能有效地维护公司既存的利益，使公司的重大决议得以付诸实施。

If the company and the dissentient shareholders fail to agree the price within 30 days of the fair value offer, then within 20 days of the expiry of the negotiation period the company must apply to the Grand Court to determine the fair value of the shares held by all dissentient shareholders who have served a notice of dissent and who have not agreed the fair value with the company.

假如于出价后的30天内，公司与持异议股东仍未能就公平价值达成协议，那么于商议期届满后的20天内，公司必须向大法院提出申请，要求由大法院来为所有送达了异议通知书，且未能与公司就公平价值达成协议的持异议股东所持有的股份厘定其公平价值。

Neither the killing of Mr Zarqawi nor any breakthrough on the political front will stop the insurgency and the fratricidal murders in their tracks.

在对危险的南部地区访问时，他斥责什叶派民兵领导人对中央集权的挑衅行为。

In fact,I've got him on the satellite mobile right now.

实际上 我们已接通卫星可视电话了