Chapter 4 is analysis of influence of fdi to guangdong ' s industrial structure adjustment from 1990 ' s . from comparative macro level we analyze the currency assembling effect , industrial structure change effect , industry competitiveness strengthening effect and foreign trade commodity structure improvement effect . from comparative micro level , we analyze the effects of fdi to guangdong ' s three industry structure and its inner trades 第四章对九十年代以来外商直接投资对广东产业结构调整的影响进行分析,宏观层面上从外商投资的货币配套效应、产业结构变动效应、增强产业竞争力作用、改善对外贸易商品结构等方面进行分析,中观层面上从外商直接投资对广东工业和第三产业及其内部的行业的效应进行对应的分析论述。
At the basis of this interpret , the text makes a thorough study of economic efficiency of three types of mergence . ( such as horizontal merger , vertical merger and conglomerate merger ) . in macro level , the rationality of m & a and its products lies in scale economics and also lies in reducing relevant costs & diversifying operation risk , etc . it sets forth good results of mergence to mechanism adjustment of production construction in detail 然后,从企业绩效角度的不同层面具体分析企业并购之动因,对横向并购、纵向并购和混合并购等三种形式的经济效率进行深入的比较研究,认为横向并购可获得规模经济,在有限理性的环境下纵向并购可以降低交易费用,而混合并购可达到组合效应和降低经营风险的目的。
The listed companies which play a very important role in national economy , and its financing act has a wider effect , from the micro view , the rationality , and reasonability will have a direct impact on the economical benefits , share holders ’ benefits and the structure of their capitol and internal management . from the macro level , the regulations of the listed companies will also influence the sustainable and healthy development of a security market , as well the stability of financing system 从微观层面看,上市公司融资行为是否理性、合理,将直接影响到企业的经营效益、股东的收益以及上市公司资本结构与内部治理结构的合理性;从宏观层面看,上市公司融资行为的合理与否还会影响到证券市场的资源配置功能的有效发挥,影响到证券市场的持续健康发展,影响到金融体系的稳定。
On a macro level ( please see the relevant charts with per - poll figures , half - yearly averages , monthly averages , as well as averages per policy year ) , the satisfaction figure has decreased from the peak of 39 % registered in september 1997 , down to the level of around 10 % to 15 % recorded in recent months , and kept fluctuating at the low end 综观市民对董建华施政方针的满意程度(可参考五年来按次、按月、按施政年度、及按半年计算的图表) ,满意数字已由九七年九月的顶峰三成九反覆下跌至近来的一成至成半之间,持续在低位徘徊。
The industry of railway is analyzed respectively at the micro level and the macro level . focused on the system reform , the logistics , and the exploitation of the west and the building of high - speed railways . the dissertation includes some new opinion built on others " research , which is expected to be applicable in the sustainable development of chinese railways , and even the chinese society 论文从对铁路业的宏观和微观分析着手,以体制改革、物流经营、西部开发、高科技铁路的兴建等问题为主线,在借鉴他人研究的基础上进行归纳、借用、发展,并做出了进一步的探讨,提出了一些新的观点,充实拓宽了本领域的研究,以期能为铁路业乃至中国社会的可持续发展尽一点微薄之力。