配股

Hence, some systems should be adjusted to control the distorted accounting information, including the adjustment of resources allocation system, market control system and audit quality assurance system.

上市公司会计信息失真的特征表现为利润操纵，而形成这种失真的主要原因是上市制度、配股制度、摘牌制度及审计制度等方面的制度缺陷，因此治理上市公司会计信息失真应主要进行制度调整，包括资源配置制度的调整、市场监管制度的加强及审计质量保障制度的健全。

When the following two states appear, the Related Party Transaction will become the one of the main means of earnings management, and be positive relation to earnings management: to provide to drawing on 'ST' or to pick off 'ST' when the yield of net capital of listed firms is between 0 and 1%; or to issue additional new stocks or admeasure stocks when its yield of net capital is more than 10%.

上市公司的净资产收益率为01%时，公司为了扭亏；以及当净资产收益率为大于10%时，公司为了增发新股或者配股的需要，关联交易成为违规盈余管理的主要手段之一，这两种情况下的关联交易与盈余管理正相关。

Or have to remind the allotment payment services.

或者有提醒配股缴款的服务。

This study examines whether allowance for depreciation of asset value drawn from listed companies affects their share allotment.

就上市公司计提资产减值准备对其配股融资行为的影响进行了实证研究。

The head of Ping An Insurance, China's second largest life assurer, has ambitious capital-raising plans that could range from rights offerings to the launch of a private equity fund.

中国第二大人寿保险公司平安保险公司拥有雄心勃勃的融资计划，可能包括增资配股和发起私人股本基金。

Finally, before the ex-dividend dates, the samples with low employee stock bonus ratio have better ex-dividend effect.

五、在除权日前，中低员工配股率样本具有较佳之累计平均异常报酬率，但除权日后高员工配股率样本则较佳。

Thirdly, we divide the right offerings' companies into two groups according to whether the policies of right offering are strict; we find that the stock return performances are more digressive than the market return performances markedly in the period of rigorous policies.

第二，把配股公司按照资产规模大小进行分组，发现规模较大的公司在配股后长期回报率比市场回报率出现了明显的下滑趋势，而规模较小的公司，配股后业绩下滑统计上并不显著。

One side is the irrationality corporate governance structure of Chinese listed companies, other is the inefficacy marketable of the policy, third is the ineffective supervise.

针对这三个原因在论文的结论部分提出了改善公司治理结构、约束公司行为；加强配股政策的市场化建设进程；加强对配股的外部监管等三方面的建议。

As far as stock dividend and paid-in capital in excess of par value transferring into capital stock is concerned, the stock dividend and paid-in capital in excess of par value transferring into capital stock of listed companies in China is usually welcomed by float shareholders, whereas non-float share is not preferred at all.

由于我国证监会对配股资格作出了严格规定，很多公司在正常经营业绩无法达到配股资格的情况下，往往通过支付现金股利这一捷径来达到配股及格线，不过，随着2003年《资产负债表日后事项》会计准则的完善，这一捷径已被切断。

The study period is from 1998 to 2007. The study targets are the ex-dividend events of the all IC firms in Taiwan stock market. After eliminating the samples with incomplete data and disagreement, the sum of samples is 318 ex-dividend events of the 80 firms.

其结构共分为三个面向，第一为探讨产业整体的除权行情，包括全体样本的分析以及历时性的趋势分析；第二为产业上中下游的次产业分类，探讨其除权行情是否有所异同；第三为除权行情的影响因子分析，包含产业景气、盈余成长率、股东配股率、员工配股率、股价净值比、权值股/非权值股共计六个因子。

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。