股权约束

由于我国资本市场的不规范，国有银行对公司的债权约束无效，股东特别是国有股股东对公司的股权约束无效；

Due to the fact that our capital market is still not standard , state-owned banks don 't have effective constraint on corporate creditor 's rights and shareholders especially those of state-owned shares don 't have effective constraint on corporate stock ownership ;

战略竞争、股权融资约束与高负债融资抉择

Strategic Competition , Equity Financing Constraint and High Leverage

德士古可以说它同意和解，可是它受到股权人的约束。

Texaco could say that it was willing to go along with a settlement but that its hands were tied by the shareholders .

企业的股权结构影响监督约束水平从而影响到投资效率。

Second , ownership structure affects supervisory degree and therefore investment efficiency .

建立国有资产出资人制度，合理配置股权，强化所有者约束功能，加强治理结构中的权利组织建设，建立权责分明的组织体系。

Strengthen the restricting function to the owners and the right and benefit organ in the governing structure and establish the organ system whose right and duty are clearly demarcated .

首先，理论分析股权结构、激励约束机制、董事会、监事会、资本充足率、特许权价值、存款保险制度、市场约束等公司治理因素对银行风险承担行为的影响。

Firstly , this paper theoretically analyzes the influences of ownership structure , incentive and constraint mechanism , board , supervisory board , capital adequacy ratio , franchise value , deposit insurance system , market discipline and other factors on risk-taking behavior of commercial banks .