自由发挥

Further, we use return on equity to measure corporate performance and the management expense ratio and the asset turnover ratio to measure agency costs.

我们构建了公司治理指数用来衡量公司治理结构，用自由现金流来衡量债券融资对经理过度消费等行为的约束，用主营业务利润率来衡量公司经营绩效，用管理费用率和资产周转率来衡量公司代理成本，结果显示公司债券融资对公司治理结构、自由现金流和公司绩效影响不显著，但与公司的代理成本为显著正相关，也就是说目前我国公司债券融资还不能发挥债权治理的功能。

The Guidant-independent Teaching Model of High School Biology sticks to the principle of student-oriented so as to build the classroom atmosphere of democratic, fair, free and open, active the effective teaching interaction and enable students to participate actively in classroom teaching and develop the activeness and independence of students. The Guidant-independent Teaching Model adheres to the rule of students-centered. It proposes teaching-after-self-learning, teaching-follow-self-learning, teaching-promote-self-learning and enables students to learn by themselves at first through reading, self-thinking, questioning, group-discussion and forum.Thus, the independence and imitativeness of students will be achieved.We also lay emphasis on the development of the abilities of self-study and co-operative study so as to get the teaching goal of "learn how to learn" and promote the development of the independence of students.

引导自主式高中生物课堂教学模式坚持以学生为主体，通过营造民主平等、自由开放的课堂教学氛围，实现有效的教学交往和互动，让学生主动参与到课堂教学中来，以发挥学生主体的积极性、主动性；引导自主式高中生物课堂教学模式坚持以学生为中心，主张先学后教、以学定教、以教促学，通过阅读、独立思考、质疑、小组讨论和集中交流等环节让学生自主先学，以充分发挥学生主体的能动性、创造性，培养学生自主学习和合作学习等能力，从而实现学会学习的教学目标和促进学生主体性的发展。

The second chapter discusses the deep-layer reason of the formation of the belief from the two layers-classical thought and the general knowledge, thought and belief, analyzes deeply the factors of promoting the formation of the belief. We think the decisive power for the formation of the belief was still man" s longing for everlasting life, happiness and freedom. The human-centered reason provoked directly man" s wishes of magnifying life power and seeking the freedom of spirits; The turbulent social environment stimulated man s thirst for life and happiness; The free atmosphere of thought made it possible for the people to develop fully their imagination and to show fully the power of human nature; The thought of Taoist School and Yin-Yang Wu Xing provided the theory basis for the formation of immortal belief.

本文第二章从精英思想和一般知识、思想与信仰两个层面上探讨神仙观念形成的深层动因，对促进神仙观念形成的各种因素进行深入分析后，认为，对神仙观念形成起决定作用的仍是人们对生命永恒与快乐自由的追求，"人本理性"直接刺激了人们张大个体生命力量、追求精神自由的深层愿望；动荡、混乱、战争频仍的社会环境激发了人们对生存与快乐的渴望；自由的思想氛围使人们可以充分发挥他们的想象，充分彰显人性的力量；道家、阴阳五行思想为神仙信仰的形成提供了理论依据。

This kind of mechanism can activate the action of market, give the right of self-judgment to bank to some extent, and at the same time make itself more active and initiative, which can enhance the interaction between supervisors and supervisees, enforce the stability of financial market, and widen the scope of banks. To international banks, this is the necessary evolve ment trend of supervision way.

激励相容的银行监管注重发挥市场机制的作用，给予银行一定的自由裁量权，发挥其积极性和主动性，与监管者形成良性互动，既维护了金融稳定，又给予银行广阔的发展空间，是世界银行业监管方式演进的必然趋势。

Refering to the pricing of MBO, this thesis takes for that it's inconsequential to make net assets value per share as sole standard of pricing, and the standard of valuing must be traced back to free cash flow, and Free Cash Flow Valuation must be set up for pricing. And this thesis has brought EVA theory into MBO pricing to quantitating former contribution of management. Moreover, this thesis analyses controlling premium and marketability discount, and considers that we must develop the mechanism of market to improve the level of investors protection.

在对定价问题的探讨中，本文认为以每股净资产作为唯一定价标准不合理，衡量价值的标准应追溯到自由现金流量，应建立自由现金流量模型对管理层收购进行科学定价；本文还引入了EVA的理论量化管理层的历史贡献，以修正自由现金流量模型；同时本文认为定价时还要考虑控制权溢价和流动性折价，并且适当引入竞争，发挥市场机制，提高投资者保护水平。

Multiple Gameplay Modes – Zombie slayers will experience the main storyline through multiple stages with danger lurking around every corner in Story mode; replay favorite levels in Free Play mode; kill as many zombies as possible before their health runs out in Survival mode, embark on more than 40 harrowing quests in Quest mode and more!

多种游戏模式-僵尸秀逗魔导士将主要故事情节，通过多个阶段的危险潜伏在周围的每一个角落的故事模式；重播喜欢自由发挥的水平模式；杀死许多僵尸之前，尽可能的健康运行中生存模式，开始更多40痛苦的追求在追求模式和更多！

Limit of painting the best quality goods speeding car, is net Yuan Wangyu 51 period conducts on-line activity, this activity is uses the vehicles re-equipping and the spray coating function which "the Best quality goods Speeding car Life and death Cubbon Valley" in sets, lets play the family to rest on own imagination free display.

极品飞车之极限涂装，是网元网于五一期间举办的线上活动，本次活动是利用《极品飞车生死卡本谷》内置的车辆改装及喷涂功能，让玩家依据自己的想象自由发挥。

It presents students with multi-part problems that can require

它给学生提出不同种类的问题，其答案需要学生自由发挥，如填空，计算、或者分析。

But the capital kicker sequence involves icons Donnie Yen and Sammo Hung (both of whom have worked as fight choreographers in the past, and adlib a good chunk of this fight).

但是剧中最关键武戏还是围绕着两位招牌式的功夫明星甄子丹和洪金宝之间展开（他们两位都是香港著名的武打设计师，影片之中的打斗多数是他们的自由发挥）。

Due to severe international competition, it has become one of the important strategies for shipowners to improve competitiveness by shifting their vessels registration to the country of more comparative advantages, especially to the Flag of Convenience, in order to avoid motherland government's regulations and controls, reduce operation costs, improve operation conditions, and/or he released from constraints of certain markets.

由於面临国际航运市场激烈竞争，船东於主客观因素及内外在环境影响下，为减低或脱离母国政府监督与管制，或为寻求降低营运成本，改善经营条件，或为追求更自由发挥营运空间，投入比较利益较高国家营运，因而选择船舶设籍为权宜籍船，已成为散装航运公司提升竞争力的重要方式之一。

However, as the name（read－only memory）implies, CD disks cannot be written onorchanged in any way.

然而，正如其名字所指出的那样，CD盘不能写，也不能用任何方式改变其内容。

Galvanizes steel pallet is mainly export which suits standard packing of European Union, the North America. galvanizes steel pallet is suitable to heavy rack. Pallet surface can design plate type, corrugated and the gap form, satisfies the different requirements.

镀锌钢托盘多用于出口，替代木托盘，免薰蒸，符合欧盟、北美各国对出口货物包装材料的法令要求；喷涂钢托盘适用于重载上货架之用，托盘表面根据需要制作成平板状、波纹状及间隔形式，满足不同的使用要求。