This paper investigates the market timing hypothesis of capital structure using a sample of 1,077 Chinese firms for the period 1992 to 2007. We find that market timing plays a significant role in capital structure dec...This paper investigates the market timing hypothesis of capital structure using a sample of 1,077 Chinese firms for the period 1992 to 2007. We find that market timing plays a significant role in capital structure decisions. However, market timing effects are not persistent and disappear within three years. The results suggest the prominent role played by the government in timing of security issues.展开更多
Based on fuzzy integrated evaluation theory, the safety of coal industry was analyzed, the factors affecting the safety of coal industry was considered, and its fuzzy in- tegrated estimating theory and results were gi...Based on fuzzy integrated evaluation theory, the safety of coal industry was analyzed, the factors affecting the safety of coal industry was considered, and its fuzzy in- tegrated estimating theory and results were given. Finally this paper proposed a new method of industry safety estimation. According to this method, we can integrate the fac- tors affecting coal industry and deal with the parameters and targets of evaluating factors by quantitative analysis, thus give a scientific and reasonable safety degree analyzing evaluation.展开更多
This paper firstly introduces the definition and features of QFII, and then mainly analyzes the QFII's portfolio performance and investment yield, as welt as stock market. And at last, it refers to the impacts of QFI...This paper firstly introduces the definition and features of QFII, and then mainly analyzes the QFII's portfolio performance and investment yield, as welt as stock market. And at last, it refers to the impacts of QFII's companies and supervision systems in China security market. the investment ideas and strategies of QFII in China investment styles and strategies on investors, listed展开更多
文摘This paper investigates the market timing hypothesis of capital structure using a sample of 1,077 Chinese firms for the period 1992 to 2007. We find that market timing plays a significant role in capital structure decisions. However, market timing effects are not persistent and disappear within three years. The results suggest the prominent role played by the government in timing of security issues.
文摘Based on fuzzy integrated evaluation theory, the safety of coal industry was analyzed, the factors affecting the safety of coal industry was considered, and its fuzzy in- tegrated estimating theory and results were given. Finally this paper proposed a new method of industry safety estimation. According to this method, we can integrate the fac- tors affecting coal industry and deal with the parameters and targets of evaluating factors by quantitative analysis, thus give a scientific and reasonable safety degree analyzing evaluation.
文摘This paper firstly introduces the definition and features of QFII, and then mainly analyzes the QFII's portfolio performance and investment yield, as welt as stock market. And at last, it refers to the impacts of QFII's companies and supervision systems in China security market. the investment ideas and strategies of QFII in China investment styles and strategies on investors, listed