公司资本的形成过程，是经由股份发行、投资人认购、认股人缴纳出资环节，而达致的一个公司资本现实化过程。

The process of capital raising is the actualization process of corporate capital , which is consisted of share issues , investor subscription and subscriber making contribution.

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但总体而言，与发行股票和长期次级债券相比，资产证券化对提高资本充足状况的作用有限。

But on the whole, compared with stock or long - term secondary bond, the effect of asset securitization on capital adequacy rate is really limited.

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所以，论文从媒体的发行经营、广告经营、多种经营、资本经营诸方面对这一无形资产的有形化进行了论证。

From the aspects of the media 's management in publishing, advertisement, capital-running and so on, this paper elaborates the transformation of the invisible property of favorable reputations.

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