股东

This paper holds that it is because of the absence of the standard system andpowerful measures of surveillance in today's market of security business that the markethas the phenomenon of the dissymmetry of information.

本文认为，证券市场之所以存在股东和公司之间的信息不对称现象，主要是因为目前证券市场的信息披露制度不规范以及缺乏强有力的监管手段。

However,as a kind of corporate governance mechanism which substitutes distempered law because the distempered law can not safeguard the benefits of investors,the active effect of the large shareholders in the corporate governance can not be ignored.

然而，作为由于法律不健全无法保护投资者利益的一种替代机制而出现的公司治理机制，大股东在公司治理中的积极作用也是不容忽视的。

Stimulated by the illusion of free capital, Chinese listed companies show strong preference to equity financing, and form the financing structure of low debt and high equity. Under the circumstance of law efficient capital market, distempered financing institution, and underdeveloped control transfer market, such kind of financing structure enlarges interest conflicts between stockholders and managements, and lowers the governance efficiency.

我国上市公司在免费资本幻觉的驱使下表现出强烈的股权融资偏好，形成了重股权、轻债权的融资结构，在目前我国证券市场低效、控制权市场欠发达、融资制度不健全的情况下，这种融资结构加大了股东与经理人之间的利益冲突，降低了公司的治理效率。

Under the Bermuda Companies Act 1981, the contributed surplus of the Company is distributable to shareholders of the Company.

根据一九八一年之百慕达公司法，本公司之缴入盈余可分派予本公司各股东。

Nearly half of the project because investment interruption, shareholder divestment can not continue.

将近一半的项目，因为投资中断，股东撤资不能再继续下去。

Zhicheng shareholders, one called Li-min, and a soldier when he was a good friend of Robert, specializing in overseas product development, he said that he saw over the past few years the company made money, its mandate should be completed, Divestment would like to venture outside their own.

志诚的股东中，有一位叫立民的，他是志诚当兵时的好朋友，专门负责海外产品开发的，他说这几年他看公司赚了钱，自己的任务也应该完成了，想退股自己到外面创业。

We will divide up the money between the partners .

我们将分割股东的钱。

We will divide up the money between the partner s.

我们将分割股东的钱。

We will divide up the money between the partners.

我们将分割股东的钱。 3除不尽7。

Almost all of those other companies in the first year of listing only dividends to shareholders.

几乎所有的上市只向股东分红第一年的其他公司。

For a big chunk of credit-card losses; the number of filings (and thus charge-off rates) would be rising again, whether

年美国个人破产法的一个改动使得破产登记急速下降，而后引起了信用卡大规模的亏损。

Eph. 4:23 And that you be renewed in the spirit of your mind

弗四23 而在你们心思的灵里得以更新