The results show that reform of decentralization changes the impact of institutional environments on the debt maturity structure.
上述研究结果说明，财政分权改变了制度环境对企业债务期限结构的影响。
The evolution course can be understood as an institutional change and an institutional equilibrium under the change of institutional environments.
这三个阶段的逐渐演进可以理解为一场制度变迁，是在制度环境不断变化下形成的新的制度均衡。
Using data of listed companies in China from 2002 to 2005, the research studies the impact of external institutional environments and internal governance structure on firm competitive advantage.
以2002 ~ 2005年中国上市公司为样本，实证分析了外部制度环境和内部治理结构对企业竞争优势的影响。
At present stage moral and institutional environments where credit exists have many defects, which have made the credit relations get worse and worse.
我国现阶段信用存在的道德环境、制度环境有许多缺陷，致使市场主体的信用关系存在恶化的趋势。
The moral education environment of institutions of higher learning is the tri-dimensional one consisting of humanistic kinship and institutional environments.
高校德育环境是由人文德育环境、亲情德育环境、制度德育环境所组成的三维结构。
Under the vested economic, technological, and institutional environments, any capital ownership forms adaptive to as above may be effective, only if the assignment of firm ownership is appropriate.
在既定的经济技术和制度环境下，只要企业所有权安排得当，任何与其经济技术和制度环境相适应的资本所有制形式都是可以有效的。
Under the vested economic, technological, and institutional environments, any capital ownership forms adaptive to as above may be effective, only if the assignment of firm ownership is appropriate.
在既定的经济技术和制度环境下，只要企业所有权安排得当，任何与其经济技术和制度环境相适应的资本所有制形式都是可以有效的。
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