他说次级债非流通股股东如果倾向选择优先股或普通股，将会一无所获。
The American film-rental chain said current holders of subordinated debt, preferred stock or common stock would get nothing back.
非流通股股东的利益主要是通过溢价发行、净资产增值和盈利分红来实现。
No-public shareholders realize their interests mainly through premium issue, net assets appreciation and money bonus.
非流通股股东因增发新股而获益，倾向于增发新股及提高增发股票价格和规模。
Non - circulating shareholders have profit for seasoned new equity offerings and they perferto enhance price and quantity of seasoned new equity offering.
在本方案中有4个利益主体，分别是上市公司、非流通股股东、流通股股东和优先股投资者。
There are 4 interest objects in the project, the listed company, the non-exchangeable-share holders, the exchangeable-share holders, and the preferred stock investors.
公司董事会正在督促各非流通股股东就公司重新启动股改程序的时间与具体方案尽快达成共识。
Board of Directors is to urge the non-tradable shareholders on the company to restart the reform process with concrete proposals to reach a consensus as soon as possible.
上市公司解决股权分置方案由非流通股股东、公司管理层、机构投资者、自然人股东之间的博弈决定。
The act of solve the split share structure in listed company is decided by non-negotiable shareholder, company government, institutional investor and nature person.
但可以肯定的是，全流通是一个博弈的过程，最终的对价方案取决于流通股股东与非流通股股东博弈的结果。
However, it is affirmed that the final consideration scheme lies in the game results of liquid share holders and illiquid share holders.
第三部分在委托代理理论的基础上分析了股权结构对公司绩效的影响，对流通股股东和非流通股股东进行行为分析。
Section Three analyses the impact of EOS on corporation performance and the behavior of both liquid and non-liquid shareholders based on the agency theory.
对于非流通股股东到底应该支付多少对价，有关各方仍处于各种朦胧的概念与模型当中，目前还不存在一个统一的标准。
As to how much consideration illiquid share holders should pay on earth, the interested parties are still beset with various dim concepts and models, have not a unified standard at present.
对于非流通股股东到底应该支付多少对价，有关各方仍处于各种朦胧的概念与模型当中，目前还不存在一个统一的标准。
As to how much consideration illiquid share holders should pay on earth, the interested parties are still beset with various dim concepts and models, have not a unified standard at present.
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