阻碍价值

The insufficiency of effective demand will inhibit the process of production in spite of the, fact that the marginal product of labour still exceeds in value the marginal disutility of employment.

尽管事实上劳动的边际产品在价值上仍会大于就业的边际负效用，有效需求不足往往会阻碍生产的进行。

There is obvious difference between capital structure status quo in our country and west theory, and this encumber the increase of enterprise' value.

我国企业所特有的资本结构现状与西方资本结构理论存在较大差异，并且从一定程度上阻碍了我国企业价值的提升。

But dressing immodestly hinders the possibilities for true love to develop, for it draws attention to her sexual values to such an extent that it overshadows her value as a person.

但不得体的衣着会阻碍这种真爱的产生，因为它将男性的眼光都吸引到她的"性价值"那里，而她作为一个人的价值却被遮蔽。

But dressing immodestly hinders the possibilities for true love to develop, fo r it draws attention to her sexual values to such an extent that it overshadow s her value as a person.

但不得体的衣着会阻碍这种真爱的产生，因为它将男性的眼光都吸引到她的"性价值"那里，而她作为一个人的价值却被遮蔽。

This paper compared them at the cultural levels and concluded that they emerged in two different cultures. The development of CBA is following the traditional cultural values and is limiting the distribution of the new profits in an intangible and invisible way.

对比了两种不同篮球文化的层面差异，得出结论：CBA与NBA在两种不同文化氛围中诞生、成长，文化力对两者的作用方式不同；文化力对主体起着潜移默化的作用，CBA的发展还在有意或无意地遵循着传统文化价值模式，而且以一种看不见、摸不着的形式阻碍新的利益分配方式的产生。

The results are consistent with the interpretation that positive intangible information tends to trigger institutional herding on the buy side.3. The securities Investment Funds act as momentum traders in bear market while as contrariant traders in bull market. Further analysis reveals that momentum trading by investment funds intensifies stock return momentum but stock price experiences a long-term reversal. It indicates return momentum results from mispricing instead of risk. The securities Investment Funds hamper market efficiency when they act as momentum traders.4 Both momentum trading and herding behavior intensify market anomalies and hamper market efficiency. However, momentum trading or herding behavior is the only one of the many aspects of the institutional investor.

第三，机构投资者的动量交易行为会加重了股票收益惯性，这一结论在分别控制股票规模、账面市值比因素后仍成立，并且机构投资者对股票的动量交易行为越强烈，股票收益的惯性也越明显，说明机构投资者具有影响股票价格的能力；进一步的分析表明，惯性利润在长期均实现反转，但反转的周期和程度受动量交易指标值的影响，股票动量交易程度越高，动量收益反转越强烈，反转周期越短，这表明机构投资者的动量交易行为使股价严重偏离其基础价值，在长期，股票价格不断调整逐渐靠近其基础价值，因此可以说，机构投资者对股票的动量交易行为会加重股票收益惯性和阻碍市场效率。

Customer Relationship Management that can supply customers resources and involved data analysis is the key, But a huge amount of data prevent us from discovering valuable customer mode, so the research of knowledge discovering system applied in Customer Relationship Management to class reasonably customers is very significative. Now, there are many methods classing customers applied in Customer Relationship Management.

能够提供客户资源及相关数据分析的客户关系管理系统就成为焦点，但是客户关系管理系统中庞大的数据量阻碍了我们从中发现有价值的客户模式，因此研究适用于客户关系管理的知识发现系统，从而合理地实现客户分类，具有十分重要的理论意义和实用价值。

But dressing immodestly hinders the possibilities for true love to develop, for it draws attention to her sexual values to such an extent that it overshadows her value as a person.

但不得体的衣着会阻碍这种真爱的产生，因为它将男性的眼光都吸引到她的&性价值&那里，而她作为一个人的价值却被遮蔽。

Corporate market value that departures from intrinsic value influences managers ' behavior and thus holdbacks corporate value creation.

背离了公司真实价值创造效率的市场对公司的价值预期强烈影响到公司经理人的投融资和经营行为，阻碍了公司下期的价值创造效率。

Corporate market value that departures from intrinsic value influences managers behavior and thus holdbacks corporate value creation.

进而，本文采集中国上市公司数据，验证本文提出的有限理性对公司定价的影响机理，实证研究发现：1、中国证券市场上，投资者不能正确判断公司价值创造的效率，从而中国上市公司的市场价值严重脱离公司价值创造的实际情况，出现公司价值创造效率越低，市场对公司的价值预期反而越高的现象。2、背离了公司真实价值创造效率的市场对公司的价值预期强烈影响到公司经理人的投融资和经营行为，阻碍了公司下期的价值创造效率。3、在公司定价偏差对公司内在价值的反作用过程中，行为成本、代理成本和制度成本使经理人理性在现实中受到限制，从而经理人的有限理性行为妨碍并降低公司再投资效率，进而妨碍了公司价值创造效率，从而影响公司的内在价值和市场价值。

We have no common name for a mime of Sophron or Xenarchus and a Socratic Conversation; and we should still be without one even if the imitation in the two instances were in trimeters or elegiacs or some other kind of verse--though it is the way with people to tack on 'poet' to the name of a metre, and talk of elegiac-poets and epic-poets, thinking that they call them poets not by reason of the imitative nature of their work, but indiscriminately by reason of the metre they write in.

索夫农 、森那库斯和苏格拉底式的对话采用的模仿没有一个公共的名称；三音步诗、挽歌体或其他类型的诗的模仿也没有——人们把&诗人&这一名词和格律名称结合到一起，称之为挽歌体诗人或者史诗诗人，他们被称为诗人，似乎只是因为遵守格律写作，而非他们作品的模仿本质。

The relationship between communicative competence and grammar teaching should be that of the ends and the means.

交际能力和语法的关系应该是目标与途径的关系。