| 1. | Principles about state - owned stock withdrawal from state - owned stockholding companies
论国有控股公司国有股退出的原则 |
| 2. | Component integration for intelligent value creation tecsis relieves its customers from expensive assembly work and costly stockholding
元件组合巧妙地创造了价值tecsis把它的客户从昂贵的安装工作和库存中解放了出来。 |
| 3. | Among these 568 items , 194 items with stockholding totalling $ 4 . 4 million had a stock turnover rate of lower than 0 . 01 time a year in 2000 - 01
在上述568项物品中，存货值合共440万元的194项在2000至01年度的贮货周转率，低于每年0 . 01次。 |
| 4. | There are also 568 items , with stockholding totaling $ 15 . 2 million as at 31 march 2001 , which had a stock turnover rate of lower than 0 . 5 time a year in 2000 - 01
此外，亦有568项物品在2000至01年度的贮货周转率低于每年0 . 5次，而这些物品在2001年3月31日的存货值共达1 , 520万元。 |
| 5. | Provided the managers " stockholding ratio is increased , the managers " on - the - job consumption and the agent costs will be reduced , and corporation governance merits will greatly be raised
只要增加管理层持股比率，就会减少管理层的在职消费，降低代理成本，大大地提高公司治理绩效。 |
| 6. | But if the managers " stockholding ratio is more than or equal to 32 . 88 % , the increasement of the managers " stockholding may raise the agent costs and entrench upon external stockholders
而如果管理层持股比率大于32 . 88 ，这时增加管理层持股比率会增加公司的代理成本，导致管理层对外部股东的利益侵占。 |
| 7. | Article 60 " profits " mentioned in article 19 of the tax law means income derived from the right to profits according to the proportion of investment , equity rights , stockholding , or other non - debt profit - sharing rights
第六十条税法第十九条所说的利润，是指根据投资比例、股权、股份或者其他非债权关系分享利润的权利取得的所得。 |
| 8. | The average of the managers " stockholding ratio is 8 . 30 % in the listed companies of mbo in china , is far less than 32 . 88 % . it is illustrated that the listed companies of mbo may put into effects on mbo once more
而管理层持股水平高于32 . 88的企业，建议不必实行mbo了，因为这会导致管理层大股东对外部股东的利益侵占，损害中小股东利益，导致公司价值减少。 |
| 9. | Study results show that , when listed companies managers will hold the shares of less 4 . 41 % in china , the managers align oneself with the external stockholders , managers " stockholding will be in direct proportion to corporation governance merits . if the managers " stockholding ratio range from 4 . 41 % to 32 . 88 % , mbo will intensively be interrelated to corporation governance merits
研究结果表明，当我国上市公司管理层持股比例在0 ? 4 . 41的范围内，管理层与外部股东之间的利益趋同占主导地位，这时管理层持股比例与公司治理绩效呈正相关关系；在管理层持股比率处于4 . 41与32 . 88之间时，公司治理绩效与管理层持股比例的关联程度还有所加强。 |
