The aggregate effect contributed about as much to post-tax return on equity last year as was lost to writedowns, and dwarfed the boost to returns from cost control and bonus cuts.
这对去年税后股本回报率的总体贡献，与减记亏损造成的拖累相当，超出了成本控制与削减奖金对回报率的贡献度。
This paper examines the effect of investor protection by focusing on if the law and its enforcement can lower the cost of equity in Chinese stock market.
本文以上市公司的权益资本成本为衡量指标，分别从法的建立和法的实施两个方面研究我国中小投资者法律保护的作用。
Overall, then, future changes in the cost of leverage seem likely to have a mildly depressing effect on the return on equity.
总的来看，未来的债务杠杆成本的变化会轻度压缩资本回报率。
Overall, then, future changes in the cost of leverage seem likely to have a mildly depressing effect on the return on equity.
总的来看，未来的债务杠杆成本的变化会轻度压缩资本回报率。
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