为什么上市公司的治理水平存在差异?。
Why are there Differences in Corporate Governance among the Listed Companies?
上市公司的治理效率反映股票市场的治理功能。
The governance efficiency in the listed companies demonstrates the governance function of stock market.
上市公司的治理结构是影响盈余管理的关键因素。
Governance structure of listed company is the key factor which affects earnings management.
投资者还需要花费大量的精力评估公司的治理品质。
Investors also expend considerable effort attempting to assess the quality of a company's management.
苹果公司董事会对公司的治理一直是外界关注的焦点。
The Apple board has been in the spotlight from a governance standpoint for a long time.
实证结果表明适度集中的股权结构有利于上市公司的治理效率。
The outcome of analysis shows that the proper share centrality vails the efficiency of corporate governance.
学术界普遍认为机构投资者有动力和能力积极参与公司的治理。
It is generally believed in academic circle that the organizational investors have motive force and ability to actively involve themselves in corporation governing.
从我国上市公司的治理实践来看，股权结构的安排是缺乏效率的。
According to governance practice of the public company of our country, the arrangement of the share structure lacks efficiency.
公司的治理制度是协调股东及其他利益相关者之间关系的一种制度。
The company governing institution is one of the institutions which coordinates the relationships between Stockholders and other profit correlation persons.
在完成了跨国比较研究之后，本章转而分析我国国有上市公司的治理问题。
Finishing the international comparative studies, the thesis analyzes the governance of Chinese listed state-owned enterprises.
假如一家至公司决定要收购这些企业，那么交易会移交给公司的治理层往谈判。
If someone powerful enough wants to buy them, the deal is handed over to corp dev guys to negotiate.
最后本文对改善国有控股上市公司的治理结构提出了一些建议以及研究的展望。
Finally this paper raise a number of recommendations and research prospects to improve the state-controlled governance structure of listed companies.
现代公司的治理权力是决策机构、监督机构与执行机构之间权力相互制衡的关系。
The modern companys governance right is to balance relations between policy-making institution and supervise institution and executive institution.
事实证明，仅仅关注内部层次的公司治理无法解决我国目前上市公司的治理困境的。
The fact has proved that corporate governance which only stresses inner part cannot solve governance dilemma of listed companies in China at present.
公司在完成管理层收购后，公司的治理结构因产权结构的变革而发生根本性的变化。
Corporate governance structure will change fundamentally as the ownership structure changes after Management Buyouts.
管理层收购对上市公司的治理结构等方面有积极的作用，但同时也存在一定的局限性。
MBO can take an active role in the corporate governance of the listed company, but the role is limited.
此外，公司治理中债权人的外部治理作用并未体现，没有相关债权人参入公司的治理机制。
In addition, the corporate governance of the creditors doesn't play the role of external governance, and there aren't the relevant creditors to join in the company's governance.
从长期来看，这一并购案是成功的，江铃公司的治理结构得到优化，实现了外资并购的初衷。
The result shows that EVA has a tendency of going up. The foreign capital M&A leads to performance improvement of Jiangling motors corporation in a long term.
因此，本文试图对上市公司的治理结构与盈余管理及其两者关系进行系统的规范分析和实证研究。
So, the paper aims to does systematic theoretical analysis and positive research on the relationship between corporate governance structure and earnings management of listed companies.
有人建议，深陷泥潭的新闻集团要解决公司的治理问题，董事会成员汤姆•珀金斯应该是股东的“救命稻草”。
It has been suggested that, to fix governance at the beleaguered company, News Corp. board member Tom Perkins is shareholders' "best hope."
治理结构关系到证券公司的生死存亡，因此如何从网络分析角度把握证券公司的治理结构问题，是本文讨论的核心。
The governing structural concerns the survival of stock companies, so it is the core of this paper to discuss how to master the governing structure problem from the viewpoint of networks.
公司治理与资本结构有着内在的逻辑关系。公司的资本结构决定了公司的外部市场约束结构进而影响公司的治理结构。
Corporate governance has internal logic relationship with capital structure: capital structure determines constraint structure of external markets and then affects the management structure.
随着我国民营公司大量上市，公司的治理结构越来越规范，因而职业经理人在民营上市公司管理中的地位和作用日益增强。
With more private companies going public, the governance structure exceed to be criterion, so the professional executive has become important in private listed companies.
这两种方法不但能够改善公司的治理结构，提高公司的绩效而且解决了不流通股变成流通股所造成的瞬间扩容太大所带来的市场压力。
Both methods not only can improve corporate governance structure and company performance, but also settle the market pressure when non-circulation shares transform into circulation shares.
股改后一年绩效的上升程度趋缓，但在股改后第二年绩效上升的幅度又有所上升，说明股改提高了公司的治理绩效，表明股改是有效的。
In the second year, the performance slowed down. Then, in the third year, the performance increased again. The reform improves the governing performance and the reform is effective.
伦敦的一位基金管理人表示，罗斯柴尔德先生与其印尼合作伙伴的冲突表明，这种将英国公司的治理方法应用于外国公司的模式存在缺陷。
The clashes between Mr Rothschild and his Indonesian partners show that his model of bolting British governance standards onto a foreign firm is defective, says a fund manager in London.
伦敦的一位基金管理人表示，罗斯柴尔德先生与其印尼合作伙伴的冲突表明，这种将英国公司的治理方法应用于外国公司的模式存在缺陷。
The clashes between Mr Rothschild and his Indonesian partners show that his model of bolting British governance standards onto a foreign firm is defective, says a fund manager in London.
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