government-operate meaning in English
官办的
Examples
- A review of the government - operated relief organization in song dynasty
宋代官办救助机构述论 - A slightly discussion of the government - operated economic idea and policy of han dynasty
汉代官营经济思想及经济政策 - The insperations that our country have got from it for developing agricultural cooperative finance are as below : firstly have to accelerate countryside financial legislation , and to set 《 cooperative financial code 》 as soon as possible ; secondly to enhance the sustaining force on village finance , and to suggest that villages credit cooperative to be orientated as a implement of the state prop agriculture up through legislation ; thirdly to polish the color up that the village credit cooperatives are of being government - operated , so that it will truly become peasants their own cooperative financial organizations , as just farmers are the owner of it , and it definitely is the " servant " to service peasants
日本农协金融对我国发展农村合作金融的启示：一是要加强农村金融立法，尽快出台《合作金融法》 ：二是要加大时农村金融的扶持力度，建议通过立法将农信社定位为国家扶植农业的工具，将农业发展银行的县级支行合并到农信社；三是祛除农信社的官办色彩，把农信社真正办成农民自己的合作金融组织，农民才是农信社的“主人” ，信用社是为农民服务的“仆人” 。 - In chapter 9 we summarize the whole paper , and explain the shortages of this paper and problems to further study . main conclusions of this paper are as follows : the first , state - owned funds have always been predominant in venture capital sources in china , and this caused the " government - operated model " which leads to excessive government ' s interferes and distorted venture capital contracts ; the second , limited partnership contract is better than incorporated company contract , because the former has obvious advantages in not only encouragement and controls , but also in investors " profits . however , this paper insists , incorporated company contracts will still be very popular in the near future because limited partnership still be illegal in most provinces of china ; the third , venture capitalists " share of profits in compensation clause of fundraising contracts is influenced by investors " attitude towards difficulties and obstacles of future investment
本文研究的主要结论：第一，在我国风险资本来源中，政府风险资本一直居于主导地位，这造就了我国风险投资的“官办官营”模式，使其契约机制从一开始就带有“行政干预”的烙印；第二，有限合伙契约在约束机制、激励机制、投资者收益三个方面都明显优于公司制契约，因此是我国风险融资契约的发展方向，但由于有限合伙在我国受到法律限制，公司制契约在一定时期内仍是我国风险融资契约的主要形式；第三，融资契约报酬条款中的激励系数受主体先验概率影响，借鉴有限合伙契约，可对我国公司制融资契约进行改造与重构；第四，与债权契约、普通股契约相比，可转换优先股契约可以有效缓解风险投资过程中的信息不对称、降低代理成本，因此是我国风险投资契约的最优选择。