外文

iqueness include expenditures on research and development over sales (RD/S), selling expenses over sales (SEIS), and quit rates (QR), the percentage of the industry39。 s total work force that

mathematical models。 • ensure objectiveness and pleteness of the results by paring expert estimations and results from mathematical models。 • time and costs of the decision making process is

eration of the partners. These categories were derived together with representatives of the executive management of Finnish banks and insurance panies. The categories in the increasing order of

liberalization are positively associated with equitymarket valuations, while real interest rates are negatively associated. We also find that investors are positively disposed toward equity markets

ptalk. However, Wooldridge and Ghosh argue that managerial reputation may provide an important mechanism for providing credibility to corporate finance decisions. The role of reputation in dividend

capitalaccount liberalization are positively associated with equitymarket valuations, while real interest rates are negatively associated. We also find that investors are positively disposed toward

240 18185 3041 1000015000 504 23459 5353 257 28925 4650 15000 以上 407 62514 19576 127 118263 26108 合计 1632 100 28799 7533 1591 100 23593 3917 其中 房价的上升趋势是在调查中反映出来的信息 ， 如下表所示。 房价百分比分布 196671 房价（美元） 1966

mism regarding firms’ earning expectations, then type F investors may increase the share of Sd and Bd in their portfolio, buying both from type D , in the domestic markets Sd and Bd, type F investors

conclusions of the study are briefly discussed in section six, the last section of the paper. 2. Finance, Growth and International Business In a survey paper on the relations between financial

行管制 ，以便在低交易行为的准确信息来设计和管理这些市场。 在下一节我们将讨论 一些学术作品中所采用的方法。 然后， 了解 目前的结果，解释 及 结论。 对农产品期货市场价格发现进行了大量研究，但没有 明确 交易活动 是如何影响价格发现。 此外，几乎没有 研究可以表现出价格发现在发展中国家的作用， 在市场 淡季， 可能参与了市场信息传递的重要作用。 对价格发现的文献是广泛的