股东

While it can be assumed that in a highly competitive industry not dominated by a single corporation,investment in innovation---a risky and expensive budget item---might meet resistance from mangagement and stockholders who might more concerned with costcutting , efficient organization,and large advertising budgets,it would be an egregious error to assume that the monopolistic producer should be equate with bountiful expenditures for research.

可以假设一个不是被单一团体控制的处于高度竞争的企业，在革新方面的投资---一种冒险而又昂贵的预算项目----也可能遇到来自管理层和股东的阻力，这些管理层和股东他们也许更关注的是成本降低、有效率的组织和大的广告预算。设想一个垄断的生产商应当为了调查研究而支出大量的金钱那将是一个异乎寻常的错误。

While it can be assumed that in a highly competitive industry not dominated by a single corporation,investment in innovation---a risky and expensive budget item---might meet resistance from mangagement and stockholders who might more concerned with costcutting , efficient organization,and large advertising budgets,it would be an egregious error to assume that the monopolistic producer should be equate with bountiful expenditures for research.

同时我们可以假设一个不是被单一社团控制的处于高度竞争的企业，在革新方面的投资---一种冒险而又昂贵的预算款项----也可能遇到来自管理层和股东的阻力，这些管理层和股东他们也许更关注的是降低成本、有效组织和大的广告预算。设想一个垄断的生产商应当为了调查研究而支出大量的金钱那将是一个天大的错误想法。

Yahoo partner people the anger that the opportunity conveys him on the year shareholder meeting August 1, and radical investor Carl Icahn also will be being sought at the appointed time change the 9 directorates member of the company.

雅虎股东们有机会在8月1日的年度股东会议上表达自己的愤怒，而激进投资者Carl Icahn也将在届时寻求更换公司的9个董事会成员。

There are many encroachments of the surplus in the real economy. This paper indicates that this is the inevitable result of unequal economic power.

真实经济中存在大量的大股东利益侵占现象，本文认为，这是股东经济权力天然非对等的必然结果。

Board of directors provides the safe governance measures for ownership and contract of employment So termly or nonscheduled evaluation of board of directors is important to robust development of corporation.

公司治理的制度变迁正引领着&股东大会中心主义&向&董事会中心主义&过渡与演变，在主要市场经济国家中，机构投资者的大量涌现以及&股东行动主义&的兴起更强化了在公司内部建立正式的董事会和董事评估体系的要求。

IV The purpose of this thesis is to promote relative legislation and judicial practice. On the basis of theoretical research and empirical study in shareholders liquidation responsibility, the shortcomings of current shareholders liquidations responsibility in China are discussed and specific legislative proposals are put forward.

本文以促进我国相关立法和司法实践为目的，在对股东清算责任进行理论研究和实证考察的基础上，重点剖析了我国现行股东清算责任制度的不足，提出了具体的立法建议。

This institutional setting greatly damages the matching mechanism be- tween risk and return of Chinese capital market, creating unfairness between liquid shareholders and non - liq- uid ones.

从现实看，股权流动性分裂为中国资本市场带来了八大危害，从而严重损害了中国资本市场风险与收益之间的匹配机制，客观上使流通股股东与非流通股股东处在不平等的状态。

Dispatch of sina science and technology on April 7 afternoon message, tecent accuses to release announcement to say today, will go up in partner anniversary mass rally, submit a common draft resolution to partner, in order to consider and approval of take into consideration the circumstances awards trustee exercise share to issue accredit, every par value in be aimed at its capital stock the share of 0.0001 HK dollar.

新浪科技讯 4月7日下午消息，腾讯控股今天发布公告称，将在股东周年大会上，向股东提交一份普通决议案，以考虑并酌情批准授予董事行使股份发行授权，针对其股本中每股面值0.0001港元的股份。

Compere: We also see media reports, a few partner perhaps say to Yahoo board of directors Yang Zhiyuan is very malcontent, when the board of directors reelects later, the biggest partner asks to check ticket number of Yang Zhiyuan.

主持人：我们也看到媒体报道，有一些股东对雅虎董事会或者说杨致远非常不满，后来董事会改选时，有第一大股东要求去复查杨致远的票数。

The main contributions of this paper are as follow: 1 We build basic relationship model of dividend policy and shareholder wealth in separate equity security market, and prove that dividend policy can significantly improves shareholder wealth.

本文的主要创新点如下： 1）构建股利分配与股东财富的基本模型，证明股权分置下上市公司股利分配能显著增加股东财富。

The split between the two groups can hardly be papered over.

这两个团体间的分歧难以掩饰。

This approach not only encourages a greater number of responses, but minimizes the likelihood of stale groupthink.

这种做法不仅鼓励了更多的反应，而且减少跟风的可能性。