We develop a structural model of default in jump diffusion process with target leverage ratio.
本文在研究公司债务违约风险时 ,假设公司价值的动态变化服从跳 -扩散过程 ;假设公司可以根据公司价值的变化调整其债务水平 ,因而存在公司的目标杠杆比率 ,违约边界定义为公司历史价值的对数加权平均 ;当公司价值下降到违约边界时发生债务违约 。
This paper discusses and analyzes the relationship between the financial leverage rate and rerum ratio and risk of holding companies and maintains that the former affects the latter.
控股公司具有高财务杠杆比率、高股东权益报酬率和高风险的特征 ,其财务杠杆比率的放大作用比一般公司显得更大更强。
Application of lever theory in temporomandibular joint dislocation;
杠杆原理在颞下颌关节脱位复位中的应用
Double-acting Piston Pump with Two-step Output Pressure Driven by Hand Lever;
手动杠杆式双作用双级柱塞泵
A Method of Resolving the Lack of Freedom for Hydraulic Fixture of Toggle-Levers with Rolling High Pair Instead of Low Pair;
解决铰杆-杠杆增力液压夹具自由度不足的新方法——滚动高副取代低副法
In the light of 500 kV HVAC and HVDC,especially the problems of heavy line-lifting tool and very hugh labour intensity during live replacing the twin suspension insulator strings with single wire clip of straight circuit for heavy load HVDC,a built-up fork hook based on lever principle was developed instead of the taditional process,the double lifting lines.
针对500 kV交、直流输电线路,特别是大荷载直流输电线路直路双联单线夹悬垂绝缘子串的带电更换时,双提线工艺工具沉重,操作劳动强度极大的问题,提出利用杠杆原理研制组合杠杆叉钩卡代替双提线传统工艺,采用单绝缘吊杆挂接组合杠杆叉钩卡组成提线系统,卸去任意一串绝缘子的张力后,另一串绝缘子和提线系统共用承担导线荷载。
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