大股东控制下公司成长期权对投资时机影响研究

通过构建实物期权模型,研究了在大股东控制下,拥有成长期权的公司的投资时机决策及其对公司价值的影响,并进一步分析了产生影响的内在机理.研究表明:(1)受控制权利益驱动的大股东会产生偏离公司价值最大化目标的延迟投资行为.(2)当公司拥有成长期权时,成长期权对大股东的偏离公司价值最大化目标的投资行为具有缓解作用,可以使大股东投资时机与公司价值最大化目标更趋接近.(3)成长因子越大,大股东所持股份越多,成长期权对大股东延迟投资行为产生的缓解作用越强,大股东投资时机与公司价值最大化投资时机越接近,在此过程中公司价值上升.最后,对上述结论进行了数值模拟分析和解释.     

井网加密及注聚时机优化研究

非均质砂岩油田由于渗透率低,层间渗透性差异大等,致使水驱采收率低。为提高油田采收率,提出井网加密和聚合物驱结合的方法。井网加密及注聚时机对措施效果影响较大,通过Eclipse油藏数值模拟软件对井网加密及注聚时机进行优化研究;在不同措施时机、不同措施间隔时间,对同时加密聚驱、先加密后聚驱、先聚驱后加密等方案进行优化。结果表明,先加密后聚驱,加密时机为含水50%,措施间隔时间为6个月时开采效果最佳。     

武术进入学校教育体系的时机即将来临——学习十八届三中全会精神有感

通过对十八届三中全会的学习,结合当前的学校武术发展现状,分析得出武术全面进入学校教育体系的时机即将到来,并指出作为个武术教育者应该为此做出积极的准备,即构建符合现代教育的武术教育教学体系。     

深圳空管天气可视会商讲解系统的功能应用

航空气象服务对气象信息的实时性、准确性的要求随着航空业的发展及民航信息化建设的深入不断提高。会商讲解系统的建设,大大加快了气象信息的传输交换速度,提高了气象设备的使用率,加强了各单位间的合作,有利于取长补短,开展区域天气联防和信息共享。     

浅谈散打教学中动作的讲解与示范

讲解与示范是散打教学过程的主要环节,本文运用文献资料法、逻辑分析法、访谈法对散打教学中动作的讲解与示范进行了阐述,以便在教学过程中正确地使用讲解与示范,并在实践中有机结合起来,才能有效地提高教学质量。     

基于云计算的移动智慧旅游景区服务系统的研究与开发

随着社会生活的的压力增大,适逢节假日自主旅游成为人们缓解压力的一种趋势,"智慧旅游服务"为旅游景区发展带来了新的亮点和机遇.以互联网为中心,结合具有虚拟化、动态扩展的云服务平台,将二者优势共同作用于游客服务和管理层面,基于SSH框架开发既能满足游客景区景点导航、景区图文介绍、景点语音讲解等需求又能实现景区数字化管理的景区服务软件,减少了游客因盲目旅游,路线选择错误等原因造成的景区人员滞留,等待时间过长,景区管理资源浪费的现象.     

Fundamentals of the analytic network process — multiple networks with benefits,costs, opportunities and risks

The general theory of the ANP enables one to deal with the benefits, opportunities, costs, and risks (the BOCR merits) of a decision, by introducing the notion of negative priorities for C and R along with the rating (not comparison) of the top priority alternative synthesized for each of the four merits in terms of strategic criteria to enable one to combine the four B, O, C, and R values of each alternative into a single outcome. Strategic criteria are very basic criteria individuals and groups use to assess whether they should make any of the many decisions they face in their daily operations. They do not depend on any particular decision for their priorities but are assessed in terms of the goals and values of the individual or organization. Synthesis is made with two formulas, one multiplicative and one additive subtractive that can give rise to negative overall priorities. This paper summarizes and illustrates basic complex decisions involving several control criteria under each of the BOCR merits. Thomas L. Saaty holds the Chair of University Professor, Katz Graduate School of Business, University of Pittsburgh, Pittsburgh, PA, and obtained his Ph.D. in mathematics from Yale University. Before that he was a professor at the Wharton School of the University of Pennsylvania for ten years. Prior to that he spent seven years at the Arms Control and Disarmament Agency in the State Department in Washington, DC, that carried out the arms reduction negotiations with the Soviets in Geneva. His current research interests include decision-making, planning, conflict resolution and synthesis in the brain. As a result of his search for an effective means to deal with weapons tradeoffs at the Disarmament Agency and, more generally, with decision-making and resource allocation, Professor Saaty developed The Analytic Hierarchy Process (AHP) and its generalization to dependence and feedback, the Analytic Network Process (ANP). He is co-developer of the software Expert Choice and of the software Super Decisions for decisions with dependence and feedback. He has authored or co-authored twelve books on the AHP/ANP. Professor Saaty has also written a number of other books that embrace a variety of topics, including Modern Nonlinear Equations, Nonlinear Mathematics, Graph Theory, The Four Color Problem, Behavioral Mathematics, Queuing Theory, Optimization in Integers, Embracing the Future and The Brain: Unraveling the Mystery of How It Works. His most recent book is Creative Thinking, Problem Solving & Decision Making. The book is a rich collection of ideas, incorporating research by a growing body of researchers and practitioners, profiles of creative people, projects and products, theory, philosophy, physics and metaphysics...all explained with a liberal dose of humor. He has published more than 300 referred articles in a wide variety of professional journals. He has been on the editorial boards of Mathematical Reviews, Operations Research, Naval Research Logistics Quarterly, Mathematical and Computer Modeling, Socio-Economic Planning Sciences, Applied Mathematics Letters, and several others. He also served as consultant to many corporations and government.     

时机感对于击剑运动员的重要性

击剑运动是1项对抗性强，竞争激烈的格斗项目，这无疑对击剑运动员提出了更高的要求。他们除了必须具备熟练过硬的技战术，还需要拥有敏锐的观察力和善于捕捉时机的能力。培养在比赛中寻找和捕捉有利时机的意识和感觉，需要通过平时的训练，对运动员大脑的分析、推理、判断和逻辑思维进行必要的锻炼。     

如何上好篮球技术课

在篮球教学中,教师的组织,讲解,示范等起到了主要的作用。通过这些学生可以更顺利的学会所授知识,因此,体育教师自身必须具备以上基本素质或更高要求,才能使学生掌握的篮球技术更好,更快,更规范。     

对经济责任审计几个问题的研究

结合审计工作的实践，对目前开展经济责任审计的时机、审计方式方法、审计结果的运用等方面存在的问题，进行了探讨，以便更好的发挥经济责任审计在国民经济发展中的重要作用。