风险承担

Municipal bond insurance can improve credit rating of the bonds, lower financing cost of the issuers and investment risks.

市政债券保险体现了保险市场与资本市场的联动效应，可以有效降低债券风险，可以扩大保险人的风险承担能力和业务领域，促进我国市政债券的发展。

Managers have wasted capital by inadvertently assuming risks they are ill-suited to hold, such as property exposure or markets.

经理人浪费了大量资金，因为他们不经意地承担了自己不适合承担的风险，如房地产风险或市场风险。

These structures impose limits on risk-taking that publicly traded companies do not.

这些结构对风险承担施加了上市公司所没有的限制。

International factoring is an alternative method of international settlement and financing provided by factors to exporters, which involves collection of accounts receivable, financing, sales ledger administration and credit cover.

国际保理是保理商为出口商提供的集应收帐款收取、资金融通、帐务管理和信用风险承担于一体的综合性国际结算与融资方式。

The results indicate that,in the process of knowledge sharing in enterprise under incomplete information,if employees are risk neutral,then he should take all risk and become real principle,there is no incentive;if employee is risk evadable,then enterprise should design incentive mechanism by the pattern of fixed pay plus profit distribution in order to employee to take some risk,Pareto optimality isn't reachable.

研究结果表明：在不完全信息条件下的企业内部知识共享过程中，当员工为风险中性时，企业无需对员工进行激励，员工会承担全部风险实际充当委托人角色；当员工为风险规避时，企业应采用固定报酬加利润分成方式设计激励合同，使得员工承担一定风险，此时帕累托最优合同无法实现。

Taxpayers bear many risks but credit risk is one best left to bankers, however ineptly they may have dealt with it in the recent past.

纳税人虽然承担众多风险，然而信贷风险则是由银行家们承担，不管在近的过去各银行对此风险的处理如何不明智。

The results show that concentration of ownership has a significant impact on risk-taking. The higher the largest shareholder's shareholding percentage, the higher the risk-taking is; the higher the top five shareholders' shareholding percentage, the lower the risk-taking is. The percentage of untradeable shares, the size of the board of directors, the proportion of independent directors and the average remuneration of top 3 senior executives with the highest remuneration are negatively correlated to the risk-taking. However, the situation that the chairman or vice chairman concurrently holds the post of president or CEO increases the bank's risk exposures to a certain extent. Proportion of state-owned shares, the nature of the largest shareholder and the executives' shareholding have no significant impact on risk-taking.

结果表明，股权集中度对风险承担产生了显著的影响，其中第一大股东持股比例越高风险承担越高，而前五大股东持股比例越高风险承担越低；非上市流通股比例、董事会规模、独立董事比例以及薪酬最高的前三名高管的平均薪酬均与银行风险承担负相关；银行董事长同时兼任行长在一定程度上倾向于增加银行的风险承担；国有股比例、第一大股东性质和高管持股状况没有对风险承担产生显著影响。

The key component of distressed financial institutions is risk-taking behavior. The data used in this study was gathered from Taiwanese financial institutions during 1995-2004 in order to examining the change of risk-taking behavior of financial institutions among different managerial indicators in this period. Further, disserting the impact of first financial reform on the risk-taking of banking and whether characteristic of prospect theory exists in banking industry in Taiwan.

有鉴於金融机构之风险承担态度往往是金融机构是否会发生问题之关键原因，本文以1995-2004年台湾金融机构为实证样本，检验此段时期不同管理指标下金融机构风险承担态度之变化，并进一步探讨第一次金融改革对银行风险承担态度之影响与检定展望理论之特性在本国银行业是否存在。

In addition, each counterparty's gross exposure may not exceed 20% of the Fund's NAV.

级。此外，每个对手方的总风险承担不得超过基金资产净值20%。

In addition, each counterparty's gross exposure may not exceed 20% of the Fund's NAV.

评级。此外，每个对手方的总风险承担不得超过基金资产净值20%。

I am accused of being overreligious," she said in her quiet, frank manner,"but that does not prevent me thinking the children very cruel who obstinately commit such suicide.""

客人们在卡罗利娜·埃凯家里，举止就文雅一些，因为卡罗利娜的母亲治家很严厉。

Designed by French fashion house Herm è s, this elegant uniform was manufactured in our home, Hong Kong, and was the first without a hat.

由著名品牌 Herm è s 设计，这件高贵的制服是香港本土制造，是我们第一套不配帽子的制服。