The firm s debt maturity structure is the important part of capital structure.
文章从信号传递博弈的角度出发,研究了不完全信息如何影响企业选择其债务期限结构及分离均衡存在的条件。
we apply 2SLS to examine empirically the joint determinations of debt maturity and capital structure while taking into account the interdependent relation between debt maturity and capital structure,extending the previous studies.
在考虑债务期限与资本结构相互依赖关系下,通过构建结构方程模型,采用中国上市公司面板数据,应用2SLS对债务期限和资本结构的联合影响因素进行经验检查,以拓展先前研究。
This study documents that managerial stock ownership plays an important role in determining corporate debt maturity.
本文在杠杆率和债务期限内生的假定条件下,通过对分别以"债务期限"和"债务杠杆"为因变量的联立方程模型进行2SLS检验,运用中国上市公司的具体数据来研究管理者持股对债务期限结构的影响。
Guarantee Compound Pricing Theories and Methods Based on Debt Delay;
基于债务展期的担保复合定价理论与方法
The analysis reveals a phenomenon that the listed companies prefer to replace the long-term debt financing with short-term debt and stock financing due to the effectiveness limitation of bankruptcy law in China and the substi.
分析结果表明,由于我国破产法律制度效力的有限性和股票市场对企业长期债务市场的替代效用,导致了我国上市公司用短期债务和股权融资替代长期债务融资的现象,最终表现为短期债务在我国上市公司的债务融资结构中占绝对主导地位的局面。
It shows that debt maturity has a signaling function at the occurrence of separating equilibrium under the condition of adverse selection,which is to say,good firms issue short-term debt to signal his quality and bad firms have to choose to issue long-term debt.
文章从信息非对称导致的逆向选择和道德风险两个方面出发,研究了债务期限选择对企业的影响,并指出:逆向选择下出现分离均衡时企业债务期限具有信号显示功能,即高质量企业选择更多的短期债务来传递高质量信号,低质量企业只能选择长期债务;同时债务期限与道德风险引起的债务代理成本有紧密的关系,缩短债务期限有利于降低债务代理成本。
An unpaid, overdue debt or an unfulfilled obligation.
欠帐未付的,逾期债款或未履行的职责
A debt or other financial obligation on which payment is overdue.
逾期债款一笔过了期还未偿付的欠债或其它财政义务
They are always behindhand with their payment .
他们总是逾期付款。
persistently ask for overdue payment.
持久地寻找逾期贷款。
The failure of the creditors to declare their rights within the prescribed period shall be regarded as a relinquishment of their rights.
逾期未申报债权的,视为放弃债权。
He was fined for keeping the Book Beyond the date due
他因借书逾期未还而被罚款。
You'll have to pay a fine of 50 cents per book for each day overdue.
逾期的话,每天每本书罚款五毛钱。?
if it fails to appeal or to pay the fine or the confiscated sum at the expiry of the prescribed period.
逾期不提出申诉又不缴纳罚没款的
Fall behind with sthbfail to pay for sth or to do sth for a period of time
逾期不为某事物付款或不做某事
If he fails to do so within the time limit, the violator shall be fined not more than RMB 50, 000 yuan.
逾期不改正的,处五万元以下的罚款。
I am calling to let you know that your payments are tow months behind schedule.
我打电话是通知您,贵公司的付款逾期两个月了。
The longer an account is past due, the greater the likelihood that it will not be collected in full.
应收账款逾期越久,无法全额收回的可能性越大。
A past-due receivable is a candidate for write-off as a credit loss.
一笔逾期的应收款可能被作为信用损失核销。
"Should the taxpayer fail to remedy it within the time limit, the tax authorities may impose a fine of not more than Renminbi 2000 Yuan on the taxpayer."
逾期不改正的,可以处以二千元以下的罚款
those who do not make the corrections within the time limit, shall be ordered to stop construction, and can be imposed with penalty simultaneously.
逾期不改正的,责令停止施工,可以并处罚款。
The Implementation of ALS Delinquency Operation Using Mainframe Technology
基于银行金融业贷款系统逾期还款业务的大型机技术实现
If the debtor defaults within the specified time limit, the creditor may convert the retained property into money upon agreement with the debtor, or may auction or sell the retained property according to law.
债务人逾期仍不履行的,债权人可以与债务人协议以留置物折价,也可以依法拍卖、变卖留置物。
Where a party delays in taking delivery or making payment, the new price applies if the price has increased, and the original price applies if the price has decreased.
逾期提取标的物或者逾期付款的,遇价格上涨时,按照新价格执行;价格下降时,按照原价格执行。
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