The quality detection of expressway traffic engineering

With the rapid development of the reform and opening up,the dramatically advancement of people’s living standards and the emergence of globalization,a demanding requirement for transportation systems has been put forward for our new century to meet various needs. Therefore,a convenient traffic system is indispensable for us,thus making the quality test of expressway traffic engineering a significant field to explore. This paper is composed of seven parts and emphasizes the significance of modern expressway traffic engineering through the analysis of the functions,components, technical features and characteristics of expressway traffic engineering.     

金融英语——常用词汇（101）

DE[分]资本负债比 Debt to equity. A measure of a cotnpany＇s financial leverage calculated by dividing lung term debt by shareholders equity. It indicates what proportion of equity and debt the company is using to finance its assets     

金融英语——常用词汇(101)

<正>DE[分]资本负债比Debt to equity.A measure of a company's financial leverage calculated by dividing long term debt by shareholders equity.It indicates what proportion of equity and debt the company is using to finance its assets.是指公司长期负债与股东权益的比率。     

Effect of auditing: Evidence from variability of stock returns and trading volume

Although the benefits of auditing are uncontroversial in developed markets,there is scant evidence about its effect in emerging economies.Auditing derives its value by increasing the credibility of financial statements,which in turn increases investors’reliance on them in developed markets.Financial statement information is common to all investors and therefore increased reliance on it should reduce divergence in investors’assessment of firm value.We examine the effect of interim auditing on inter-investor divergence with a large sample of listed Chinese firms and find that it decreases more for firms whose reports are audited compared to non-audited firms.This finding suggests that investors rely more on audited financial information.Results of this study are robust to variations in event window length and specification of empirical measures.     

AN INTRODUCTION TO AUDITING审计概述

Dependable information is essential to the very existence of our society.Reliable accounting and financial reporting aid society in allocating resources in an efficient manner.The contribution of the independent auditor is to provide credibility to information.The credibility added to the information by auditors actually reduces the decision maker'S risk.To be more precise,the auditors reduce information risk,which iS the risk that the financial information USed to make a decision is materially misstated.     

用市场化的金融工具去偿还体制欠账-本刊记者唐冰开访国务院发展研究中心副局长、研究员

In the process of reconstruction of the old industry base in theNortheast there must be people to bear the cost of system transfer. Thiscost should be. and must be laid on the government. However this doesnot mean the government should give the funds directly to enterprises orindividuals, but to pay the systematic debts by using financial tools inthe market. In another word. the government is naturally the bill payerfor the transfer cost.     

国有独资商业银行如何实行规范的股份制？

To standardize shareholding system, first condition is doing justice to the function of stock holder‘s meeting, make it become the highest organ of power of shareholding of bank, all the things which are of vital importance to the overall situation of the bank, are discussed by it and passed through. In another word, that is govemment should transfer the power of business policy and management in the bank to stock holder‘s meeting and its routine business board of directors when state-run and solely-invested commercial bank change into shareholding bank.     

Insurance Tips System to Be Launched in June

From June 1 on, the system of Insurance Tips will be implemented, which requires insurance companies or agencies to perform their obligations for informing in their sales and service activities, and tips will be given to the consumers for purchasing insurance policy. According to the requirements of Beijing Insurance Supervision Bureau, the current insurance for automobiles, and life insurance, dividends life insurance, joint life insurance and omnipotent life insurance will adopt this system first. It is disclosed by an insider of Beijing Insurance Supervision Bureau that this system is mainly to advise insurance consumers to be careful in buying an insurance policy to avoid risks caused by carelessness.     

打开美林神秘之门——本刊记者徐樱访美林国际公司中国主席刘二飞

The managing trumps of Merrill Lynch are the operating priciples of Merrill Lynch. This is the action foundation for whatever posts we may hold. We promise to conduct our personal and organization behaviou under the criteria of the operating principles. This promise helps us become one of the first class companies in the would. In the process of Merrill Lynch becoming more and more multielenental and globalizationed, the operating principles help us more confirmed what kind of corporations we are, and what services we expect to provide for ourselves, our customers and the stockholders.     

审计概述

Dependable information is essential tothe very existence of our society. Reliableaccounting and financial reporting aid societyin allocating resources in an efficient manner.The contribution of the independent auditor isto provide credibility to information. Thecredibility added to the information by auditorsactually reduces the decision maker's risk. Tobe more precise,the auditors reduceinformation risk,which is the risk that thefinancial information used to make a decisionis materially misst…     

智谋制胜——重温商鞅变法准备阶段的谈判(英文)

Shang Yang made preparations for the reform focusing on two aspects. On one hand, he communicated and negotiated with Duke Xiao(the governor of State Qin) three times and gained Duke Xiao's support and trust. On the other hand, Shang Yang and Duke Xiao collaborated to negotiate with the conservatives and cleared off obstructions. This essay concentrates on the strategies and tactics of which took advantage by Shang Yang. In the end, there is some consideration about the reform performed by Wang Anshi and the ongoing reform from 1978.     

Transfer Payment

Transfer Payment is a kind of subsidy between governments. It is a financial funds transfer or financial balancing system based on the difference of financial capacities between governments at all levels, with the aim to realize equalization among public services' levels in all     

构筑有效管理——本刊记者徐樱访北京大学光华管理学院王建国教授

In enterprises, whether you are a manager or an employee, you must do one right, beautiful thing in right way, this is management quintessence. effective management is to do one right thing, Efficient management is to do things in right way, information management is to do true things and not to do false things, art management is to do beautiful things that have aesthetic feeling, So modern management is to achieve beautiful and artistic state in culture. knowledge and information, The art of management is briefness, nature and humanity, Management is just to achieve such state.     

五问“东北振兴银行”

Promotion of the old Northeast industry base has become another important move the Central Committee makes out to facilitate regional economy of the country after West Development, in which the most important is to support the promotion through financing. To rapidly develop the three provinces in the northeast, the first thing is to solve the bottleneck of financing. To seek for new outlets is the fundamentality of renewed development. A newly founded Northeast Zhenxing Bank wlll surely leave no historic burdens, it will provide service for the three provinces of the northeast, and it wlll certainly play an important role in the economic promotion of the northeast.     

THE CHINESE NATIONAL WHO SURFS THE SEA OF FINANCE IN ASIA——The Cover Personage incarnates the elegant Chinese national as the first Ranking Vice President of the ADB,famous economist and Financier active in the international financial arena

Lin Zexu,a patriot,thinker and national hero,who served as Governor for Hu Guang and Governor for Liang Guang and in other positions in Qing Dynasty,composed a couplet for self-motivation."Vast is the sea which embraces flows from millions of rivers;and upright is the precipice which rises single-mindedly to the zenith."He encouraged himself by this couplet to be magnanimous,receptive,and upright and to be a man of unbending principle.This is a motto which Jin Liqun has followed the first day he took office in Asian Development Bank (ADB),to guide his work and the way he conducts himself in this community.He practices in accordance with this principle as he carries out the mandate of this multilateral financial institution.Jin Liqun has won the accolade that he is     

Great Adjustment to the System of Industrial and Commercial Registration in Beijing

In order to further promote the reform of the market access system, ameliorate Beijng's investment environment and attract overseas or domestic capital to gather in Beijing, eleven great adjustments will be made to the system of industrial and commercial registration in this city.     

Labor Day Weekend Gas Prices Haven＇t Been This Low In Years

Peer-to-peer lending is sweeping the nation. The two biggest players in game, Lending Club and Prosper saw 195% growth over the year ending in June 30, generating more than $1.5 billion in loans. The timing is no coincidence. In the wake of the financial crisis, the same lenders that once rolled out the red carpet for subprime borrowers started putting up all sorts of barriers to credit, effectively locking out the people who arguably needed a boost the most. Those who could get credit were hit with double-digit interest rates or driven to seek out riskier options like payday loans.     

David·Shirreff:Basel Faulty

The intense scrutiny undergone by the financial sector will reach a hiatus in 2004. Regulators will have learnt that they cannot, by prescribing ever more complex or draconian rules, prevent financial companies from taking disastrous risks, or form exploiting privileged information and diddling their customers.Those two dangers, which have preoccupied bank supervisors since the collapses of Long-Term Capital Management in 1998dan Enron in 2001, are inherent in the financial business and cannot be magicked away. With luck, 2004 will see regulators take a different tack and begin to simplify the complex rules on bank capital, known as Basel 2. It should also see the witch-hunters, such as Eliot Spitzeer, the New York State attorney-general, accept that digging ever deeper into the way financial firms do business will not reach clear blue water-there is none. Financial dealings are nearly always at root unfair for someone.     

平衡计分卡与银行战略执行

Balance scoring card, to a company,is a stratagem managerial tool for the Information Times, which can control the flow of the whole organization and modulate the organization‘s reform direction with professional guides. Exercising the managerial concept included in the Balance scoring card fully comprehending the meaning of this strategical tool, considering it as a basic guide to coagulate the consciousness of employees, will greatly improve the executive ability and turn the stratagem into the ability of competitiveness.     

Why China Needs To Develop A Bond Market

Most Asian economies long have depended on bank financing,and to a lesser extent, on the equity markets, to fund investments. Except for countries like Singapore,Malaysia and a few other more developed Asian economies, corporate bonds are almost unheard of in the region. But bonds and bond markets are at least as important, if not more so, than stock markets, for the efficient allocation of a nation‘s resources. In major economies,