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反向关系的英文

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"反向关系"怎么读用"反向关系"造句

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  • reversive

例句与用法

  • 28 should make it clear the depositary will have the right both to initiate and participate in legal proceedings on behalf of the fund . with regard to art
    市盈率与收益率的反向关系对emh形成严峻的挑战,因为这时已知的信息对于收益率有明显的预测作用。
  • There is reverse relationship between audit quality and earnings management . the higher audit quality comes into being the smaller earnings management , and improves reliability of accounting information
    审计质量与盈余管理之间存在反向关系,较高的山计质量将会形成较少的盈余管理,并可提高报告盈余可靠性及信息含量。
  • With a near zero savings rate , private consumption expenditure and residential house prices may be quite sensitive to interest rate changes . thus historically housing prices and housing starts in the us bear a generally negative relationship to interest rates
    美国的储蓄率几乎是零,私人消费支出及住房价格对利率变动相当敏感,因此美国的住房价格与新屋动工率向来与利率呈明显的反向关系
  • Moreover , it is suggested to focus the production adjustment policy on the conversion of farmland in the non - primary - rice - producing areas and to choose proper crops to substitute for rice according to the characteristics of areas
    此外,由于稻作收入及地租与生产调整比率呈反向关系,表示生产调整在稻米主产地及良质米产地推行不易,因此生产调整应著重在非稻米主产地,并根据地区特性,研拟适当的转作作物,才能有效解决稻米供需失调的问题。
  • Empirical analysis indicates that , since the reform and opening policy , the economic growth of tianjin is positively correlated with the growth of financial development scale and with the improvement of financial agency efficiency , is negatively correlated with the increase of the ratio of non - state owned company credits to all credits and with the increase of the ratio of residential savings to all savings
    摘要实证分析表明,改革开放以来天津经济总量的增长与金融规模的扩大、金融中介效率的提高是同向关系;与非国有企业贷款占所有贷款的比重和居民储蓄占所有存款的比重的提高是反向关系
  • With the rapid development of the security stock market especially the stock market in chian , issuing stock and circulating on market became the first choice of financing for more and more enterprise at the same time , more and more investors are attracted by the relately high initial return of stock however , the problem of ipos underpricing always exists in the stock market according to the data of more than one thousand chinese stocks , most new issues had great raise in the first trade day , and investors could acquire higher initial return than the average return of the stock market or the same industry we find that initial returns on a - share ipos average reached 132 . 24 percent the main body of this paper is made up of six sections : in the first part , we introduced the method of the estimate of pricing decision ; in the second part , we analyzed the method of the pricing decision and issuing system in china , discussed the advantage and weakness of the various issuing methods , and compared the economic efficiency between the examine and approve system and authorization system ; in the third part , we analyzed the reason of ipo ' s underpricing in detail from information economics and other factors and combined with the environment of the chinese stock markets , we analyzed the special characteristics in china and how they effect the ipo ' s underpricing in the fourth part , we analyzed the data of chinese stock market with spss , made a analysis of the administrative pricing decision and market pricing decision , studied the underpricing phenomena of chinese stock market , and analyzed it ' s causes ; in the fifth part , we made a analysis of the examine approve system and authorization system ; and in the last part , we drew some conclusions and put forth some policy advices the follow are the conclusions and policy advices in this dissertation : ( 1 ) from the results of this empirical study , we found that the issuing price - earning ratio and the market situation before ipos are strongly and positively associated with the underpricing of shares , the issuing scale of ipo and the hit rate are strongly and negatively associated with the underpricing ; ( 2 ) we found that after the abolishing of ipo ' s p / e ratio and the using of authorization system , there is no significant difference among the underpricing of shares , but considered with the market entironment , we think that the ipo ' s underpricing has been correspondingly reduced ( 3 ) to reduce difference between the primary market and the second market , we suggested that we shall bring the " over - allotment option ( oao ) " to bear and resume the state - owned share and corporate - owned share to circulate on market as soon possible
    本文的主体由六个部分组成:第一部分介绍新股发行定价的估值方法;第二部分对我国的发行定价方式和发行制度进行分析,探讨不同发行定价方式的优缺点,以及审批制和核准制经济效率分析;第三部分从信息经济学角度和其他因素的角度详细分析造成新股发行抑价的原因,并结合我国股票市场实际情况,分析了我国市场的特有因素是否及如何影响一级市场的发行抑价程度的;第四部分利用统计分析软件spss对我国新股行政化和市场化定价进行实证分析,主要包括新股发行行政化和市场化定价方式的实施情况和效果分析、新股发行行政化定价方式的实证分析,以及新股发行行政化和市场化定价方式的比较实证分析;第五部分利用统计分析软件spss对我国新股发行审批制和核准制进行实证分析;第六部分是本论文的主要结论。本文的主要结论和建议有: ( 1 )从实证分析结果看,我国新股发行抑价与市场环境、发行市盈率呈显著正向关系,与发行规模、申购中签率等呈显著反向关系。 ( 2 )取消发行市盈率限制和实施核准制等市场化改革措施并没有降低发行抑价的绝对水平,只是由于市场环境的因素,发行抑价的相对水平才有所降低。
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