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- The existence of bankruptcy cost will partly or totally offset the tax deductibility effect.As a result, the corporate financial leverage will be restrained. 破产成本的存在,会部分或全部抵消财务杠杆的节税效应,企业的财务杠杆就会受到制约。
- While, company's performance has a counteractive to the capital structure because of the imperfect of the market, tax, bankruptcy cost and information asymmetry. 与此同时,由于市场是不完美的,税收、破产成本和信息不对称等因素将使公司绩效对资本结构产生反作用。
- According to NM theory with bankruptcy cost and tax, capital adequacy regulations are fully effective only if the capital ratio stipulated by management and optimal capital structure is consistent. 按照存在破产成本和税收情况下的MM理论分析,只有管理当局确定的资本比率和银行最佳资本结构一致时,资本充足性管制才是完全有效的。
- According to MM theory with bankruptcy cost and tax, capital adequacy regulations are fully effective only if the capital ratio stipulated by management and optimal capital structure is consistent. 按照存在破产成本和税收情况下的mm理论分析,只有管理当局确定的资本比率和银行最佳资本结构一致时,资本充足性管制才是完全有效的。
- Based on the capital asset pricing model (CAPM) and combined with the mathematical model of trade off theory,the principle of indirectly measuring bankruptcy cost and agency cost is tendered. 对权衡理论作了简要的介绍分析,并在资本资产定价模型的基础上,结合权衡理论的数学模型,提出了间接计量破产成本和代理成本的原理,建立了结合权衡理论的最小负债成本模型。
- Interest deductibility provides a strong incentive for debt finance. However, increasing the proportion of debt may lead to larger bankruptcy costs. 利息减免使债务融资的推动因素。然而,不断提高的债务比率可能导致更大的破产成本。
- His wife had much to do with his bankruptcy. 他的破产和他的妻子很有关系。
- The prospect of bankruptcy has now receded. 破产的危险已经减少了。
- He went bankrupt and was sold up. 他破产了,他的财产被变卖偿债。
- She reckoned she had cut her cost by half. 她估计她减少了一半的费用。
- The country is drifting towards bankruptcy. 这个国家正在走向崩溃的边缘。
- She skirted round the problem of the high cost. 她避而不谈巨额费用问题。
- I had a rude awakening when I found myself on the verge of bankruptcy. 我发现自己已到了破产边缘时才猛然意识到事情不妙。
- The cost of travel to the far east is prohibitive. 到远东旅游的费用高的令人不敢问津。
- In point of cost, we'll have to discuss it at the next meeting. 至于费用方面,我们只好留到下次会议再讨论。
- I was bankrupt and unable to pay his debts. 我破产了,不能偿还他的债务。
- He was bankrupt and was sold up. 他破产了,他的财产被变卖还债。
- His parents balk at the cost of the guitar he want. 他想要那个吉他,但他父母看到吉他的价格却踌躇不决。
- He put the telephone bill down as a business cost. 他把电话费用作为办公费记下。
- To put it in a nutshell, we're bankrupt. 简断截说,我们破产了。