disclosure, ipo underpricing and the cost of capital

ipo underpricing 、 adverse selection and separating equilibrium hypothesis

IPO折价、逆向选择与分离均衡假说

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The third part is the character that one party gains human capital in duration of marriage.

第三部分，婚姻关系存续期间一方所取得的人力资本的性质。

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During the duration of the marital relationship, the family property accumulation is a necessary process.

婚姻关系存续期间，家庭财产是一个逐步积累的过程。

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The agreement reached between the husband and wife on the property acquired during the period in which they are under contract of marriage and on the prenuptial property is binding on both parties.

婚后夫妻财产处理协议夫妻对婚姻关系存续期间所得的财产以及婚前财产的约定，对双方具有约束力。

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The property of partnership firm comes from partners' investment and the profits gained from the period of firm existence.

合伙企业财产来源于合伙人的出资和合伙企业存续期间所得收益两部分。

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Reduction of company capital means that the company reduces the registered capital by legal proceedings when there are statute conditions of reducing the capital.

公司减资是指公司在存续期间出现法定的减资事由后，依法定程序减少公司股本的行为。

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Supplier warrants that under no circumstances shall the Equipment Unit Rental Rates be amended for the duration of the Term of this Agreement.

供应方保证在本协议存续期间，在任何情况下均不得修改设备单位租金率。

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Liquidator shows certain characteristics including the specialty of its duration, neutrality of its interest, legal authority of its duty, multiplicity of its function and the speciality of its qualification.

清算人具有存续期间的特定性、利益关系的中立性、行使职权的法定性、功能的多重性、任职资格的专业性等特征。

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Rights during marriage and at its dissolution

婚姻存续期间及解除婚姻关系时的权利

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With the closer relationship between the two, how to maintain this contractual relationship? There is a basic problem that requires attention: the exchange of information during the existence of the contractual relationship.

随着两者关系的拉近，如何有效维持这种契约关系？有一个基本问题需要注意，那就是存续期间的信息交流。

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The mortgage right as a kind of very important real right for security, the duration of the establishment has important significance.

抵押权作为一种非常重要的担保物权，其存续期间的确立和完善具有重要的意义。

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The hairdresser's contract states that he must "maintain absolute secrecy about his work and any information he may have gathered both during and after his contract."

该理发师的雇佣合同规定，他必须“在合同存续期间、结束以后都对工作及获得的任何信息绝对保密”。

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The matrimonial property regime is a system of concerning couple's property ownership of the drawing period of relevant marriages.

夫妻财产制是有关婚姻关系存续期间夫妻财产所有权的制度。

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Trust Property Right last during the period of trust;

信托财产权动态的存在于信托存续期间。在信托关系中，信托当事人都享有信托财产权，只是内涵不一样。

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Change means that vitality of criminal law changes during criminal law's existence for some concerned factors.

可变性是指在整个刑法存续期间，刑法的生命力因政体、社会稳定性和刑法的合理性等因素而变化。

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Spouses rights refer to the general rights regulating the mutual relationship between the spouses and having all their interests as the subject matter in their legal and valid marriage.

配偶权是指在合法有效的婚姻关系存续期间，规定配偶相互关系的、以配偶双方全部身份利益为标的的总括性权利。

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Ownership of the property remains with the owner during the agreement.

在合同存续期间，财产所有者仍保留着对财产的所有权。

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Article two hundred and two of "Property law" has a comparative advantage, has rationality and legitimacy.

对抵押权存续期间经过几个方面的比较分析，得出《物权法》二百零二条的规定具有相对比较优势，其规定具有合理性和正当性。

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The term of the employee stock options shall not be more than ten years.

员工认股权凭证之存续期间不得超过十年。

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Evaluation runs through the whole intellectual property trust, because in the establishment and duration of trust, independent, impartial and accurate evaluation is necessary.

在知识产权信托中，评估贯穿始终，在信托设立及存续期间都需要独立公正且精确的评估机制参与。

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