COMPOSITE CORPORATION Balance Sheet 20X1- 20X2 (in $ millions) Assets Current assets: Cash and equivalents Accounts receivable Inventories Other Total current assets 20X2 $140 294 269 58 $761 20X1 $107 270 280 50 $707 Liabilities and Stockholder's Equity Current Liabilities: Accounts payable Notes payable Accrued expenses Total current liabilities 20X2 20X1 Fixed assets: Property, plant, and equipment $1,423 $1,274 -550 -460 Less accumulated depreciation Net property, plant, and equipment 873 814 Intangible assets and other 245 221 Total fixed assets $1,118 $1,035 $213 $197 The assets are listed in order 50 53 by the length of time it223 205 normally would take a$486 $455 firm Long-term liabilities: with ongoing operations to $104 Deferred taxes $117 Long-term debt 458 convert them into cash.471 $562 Total long-term liabilities $588 Stockholder's equity: Preferred stock $39 $39 Common stock ($1 per value) 55 32 Capital surplus 347 327 Accumulated retained earnings 390 347 Less treasury stock -26 -20 Total equity $805 $725 Total liabilities and stockholder's equity $1,879 $1,742 Clearly, cash is much more liquid than property, plant and equipment.

Total assets $1国产精品一线在线观看，879 $1三级片黄色成年人a片，742 美國聯(lián)合公司的資產(chǎn)負債表美國聯(lián)合公司資產(chǎn)負債表 20X2 和20X1 (單位：百萬單位：單位百萬)資產(chǎn)流動資產(chǎn)：現(xiàn)金及現(xiàn)金等價物應收帳款存貨其它流動資產(chǎn)合計固定資產(chǎn)：財產(chǎn)A片中文在线免费，廠房和設備減：累計折舊財產(chǎn)www,AV视频,，廠房及設備凈值無形資產(chǎn)及其它資產(chǎn)固定資產(chǎn)合計 20X2 $140 294 269 58 $761 20X1 $107 270 280 50 $707 債務負債債務和股東權益?zhèn)鶆樟鲃迂搨?20X2 20X1 資產(chǎn)排列的順序是根據(jù)在通$213 $197 應付帳款 50 53 應付票據(jù)常情況下企業(yè)持續(xù)經(jīng)營將資205 223 應計費用$486 $455 流動負債合計產(chǎn)轉(zhuǎn)化為現(xiàn)金所需要的時間長期負債：長度特一级AAAAAA色。長度户外露出国产一区。顯然国产操逼视频播放，現(xiàn)金比財產(chǎn)，廠房国产性爱三级免费小视频，顯然国内乱视频在线观看，現(xiàn)金比財產(chǎn)，廠房国产三级电影网站，設備等的流動性要強得多黄色视频91在线。設備等的流動性要強得多。

Depending on the economic essence and speciality, the standpoint of "contingent stockholder"s equity may be the best affirmance of ESO.

從其經(jīng)濟實質(zhì)和特性出發(fā)欧美熟女国产一区二区，"或有股東權益"的觀點是對經(jīng)理人股票期權最合適的確認日本国产精品VA在线观看。

Be in China, although Yang Zhiyuan's Yahoo and Chinese Yahoo had done not have appurtenant relation, dan Yahu company remains company of electronic business affairs one of large stockholder of Alibaba, once Microsoft buys Yahoo successfully, these cooperative relations also extend help Microsoft quickly.

在中國，雖然楊致遠的雅虎和中國雅虎已經(jīng)沒有從屬關系欧美日韩一区精品视频在线观看，但雅虎公司仍然是電子商務企業(yè)阿里巴巴的大股東之一欧美日韩在线观看综合，一旦微軟成功收購雅虎，這些合作關系也將幫助微軟加速拓展www..com黄色视频国产。

The outside director system to consummate the corporate governance in our country is extremely essential,but the Chinese unique stockholder s rights phenomenon,the traditional ideas,the law thoughts and so on cause the outside director to be unaccustomed to the climate in China,comparatively becoming the company s valid ornaments.

獨立董事制度對完善我國上市公司的治理結(jié)構十分必要三级片免费网址，但中國特有的股權現(xiàn)象以及傳統(tǒng)觀念、法思想都使得獨立董事在中國水土不服人人人人操在钱伦乱频视，較多成為公司合法性的擺設a一黄色网。

In between the meetings, each stockholder receives biannual reports.

兩會之間，每位股東都會收到每年兩次的總結(jié)報告最新国产真实偷人视频。

After the actual data analysis, this article discovered that, the circulation stock and the law annual bonus account for the total capital stock proportion elevating, is advantageous to the promotion enterprise's management achievements, has confirmed this article the supposition which starts in the article to propose; But the national stock institute accounts for the enterprise total capital stock the proportion and the enterprise manages in the achievements overall to assume the negative influence, moreover because the state-owned stock generally accounts for the maximum proportion, therefore, the stockholder's rights centralizations manage the achievements in the this time also basic performance for the state-owned stock to the enterprise the influence, basically has also confirmed myself the supposition which proposed to the national stock.

經(jīng)過實際數(shù)據(jù)的分析国产白白视频在线观看，本文發(fā)現(xiàn)，流通股和法人股所占總股本比例的升高久久机这里只有精品，有利于提升企業(yè)的經(jīng)營績效免费被操视频在线观看，驗證了本文在文章開始提出的假設；而國家股所占企業(yè)總股本的比例與企業(yè)經(jīng)營績效總體上呈負面影響男女无遮挡全过程免费视频，而且由于國有股一般占最大比例不下载看a人免费大片，所以，股權集中度在此時也基本表現(xiàn)為國有股的對企業(yè)經(jīng)營績效的影響cao美女视频，基本上也驗證了本人對國家股提出的假設无套系列.梦久久。

Value. For a stockholder, the capital gain is the difference between the stock sale price and its purchase

本收益是指買進股票的價格與出售股票價格之間的差額。

So, how to reduce dual agent cost has become focal point. The paper pointed out that the dual agent relation besides include traditional proxy theory refers conflict, but also the conflict between minority shareholder and major stockholder. It seemed that the major stockholder can effect the election of directors and supervisors, but minority shareholder often abandon supervising because of their low share hold.

雙重委托代理關系除了包含傳統(tǒng)代理理論所指的所有者與經(jīng)營者之間的代理關系外精品久久久黄视频网站，還包含了中小股東與大股東之間的事實代理關系性爱黄色视频A片，即在股權結(jié)構集中甚至高度集中的情況下，大股東對董事會和監(jiān)事會都會產(chǎn)生極大的影響无码一级做a爱过程免费视频，而中小股東由于持股比例較低往往放棄直接參與公司治理轉(zhuǎn)向依賴大股東的監(jiān)督被插黄色视频。

In order to safeguard the interests of small stockholders,we should perfect correspond legislation gradually,endow the right of vote for stockholder that consistent with their holding sections,definitude the obligation when big stockholders exert the vote right,realize contain between right and obligation,enhance supervision on the decision of stockholder meeting,endow small stockholders subornation right of claim under special condition,endow small stockholders the rights of instituting derive lawsuit under special condition.

為依法保護小股東的利益，應逐步完善相關立法，賦予股東與其所持股份相一致的表決權欧美日本草逼，明確大股東在行使表決權時所應承擔的義務中国黑大粗硬免费视频，以實現(xiàn)權利與義務的制衡；賦予小股東特定情形下的股份收買請求權天堂网在线资源欧美人XXXX日韩；限制大股東的表決權人人摸人人操日日碰；加強對股東會決議的監(jiān)督；同時国产精品2018不卡在线观看，賦予小股東在特定情形下提起派生訴訟的權利91在线精品亚洲第一区香蕉99。

Under the structure of "the giant state stocks". it is un-avoidable for the main stockholder to control the whole stockholder"s conference. However, the essential reason of such invalidation lies in absence of the agent of state stocks and faultiness of agent"s system.

在國家股&一股獨大&的股權結(jié)構下，大股東操縱股東大會不可避免日韩网络福利直播网站在线观看视频，但是在此情況下產(chǎn)生的治理失效的根本原因在于國有股權代理人的缺位及其代理制度安排的不完善国产刺激福利在线。