But the study also found that$ 1 CEOs frequently had issues that made them vulnerable to public outrage, like pending government inquiries, corporate underperformance, and personal dilemmas. 该研究还发现,1美元年薪CEO经常需要面对一些棘手的问题,例如政府即将对他们的展开调查、企业表现不佳,或是一些个人困境等,这些问题使这群人更容易引发众怒。
New pay systems reward productivity, quality, service and teamwork while penalizing underperformance. 新的薪酬体系对高效、高质量、服务和团队精神予以奖励,而对表现欠佳的员工给予惩罚。
The United States 'underperformance was particularly striking in math, where 29 countries or education systems had higher test scores. In science, students in 22 countries did better than Americans, and in reading, 19 countries. 美国学生的数学成绩劣势尤其引人侧目,有29个国家或教育系统的数学分数高于美国;22个国家的科学成绩超过美国;在阅读方面,19个国家排在美国前面。
It is also possible that the underperformance reflects a more structural longer-term shift in the global economy, with less growth in underlying supply factors. 另外,由于根本性的供给因素的增长率较低,全球经济的低迷状况也可能反映了一种更偏向结构性问题的中长期趋势。
How long that underperformance continues will partly depend on whether the recent big outflows mark the start of a sustained retreat, as did the last sudden Exodus, in January 2008, or a blip, like the one before that, in March 2007. 部分要取决于最近的大规模流出是如同2008年1月那样标志着大撤退的开端,还是如同2007年3月那样仅仅是虚惊一场。
Harrison, a former fund manager and derivatives trader, says the glut of hedge funds that exist today has created "underperformance anxiety" for the people running money. 这位前基金经理及衍生品交易商说道,如今充斥市场的大量对冲基金已经对于运作资金的人们产生了一种“表现不佳的焦虑”。
Economic underperformance has been matched by diplomatic underperformance. 经济表现不佳伴随着外交弱势。
But the fund has recently suffered a setback, with its shares falling below its net asset value, following a period of underperformance. 但该基金最近遭遇了挫折在一段时期的不佳表现后,股价跌破了资产净值。
The relative underperformance vexes fund managers investing in emerging markets. 新兴市场相对较差的走势,令投资于这些市场的基金经理很是恼火。
The fund suffered a period of underperformance in 2008, when it recorded a loss of 43.6 per cent, compared with a fall of 31.9 per cent in the MSCI China index. 她管理的基金曾在2008年遭遇一段时期的不佳表现,亏损达到43.6%,而同期MSCI中国指数跌幅为31.9%。
Mr Echarri admitted that this underperformance had meant venture capital firms had faced a tougher sell with investors. 埃查理承认,这种欠佳表现意味着,风险资本公司吸引投资者比较困难。
For the UK, many predict a protracted recession and dismal underperformance relative to the big eurozone economies now that high finance is redundant. 许多人士预言,由于高端金融供过于求,英国将陷入旷日持久的衰退,相对欧元区经济大国的表现也将堕入可悲的落后境地。
While the exact degree of underperformance can be debated, the basic lesson seems clear: the average return from private equity is quite unspectacular. 这一差距的确切程度还有待商榷,但基本教训很清楚:私人股本的平均回报相当平常。
Obvious possibilities include rewarding managers on the basis of final returns, forcing them to hold a sizeable equity stake or levying penalties for underperformance. 明显的可能性包括:以最终回报为基础对基金经理进行奖励,迫使他们持有大量股票或对业绩不佳者进行惩罚。
By moving quickly from one fund to the other, retail investors are in effect forcing managers to maintain an unusually large level of cash a move that will almost certainly lead to underperformance against the market index. 散户迅速地从一只基金转向另一只基金,这实际上迫使基金经理持有超乎寻常的大量现金,而这样做几乎必然导致基金表现不及市场指数。
In 2000, two years of underperformance by US banks ended with the bursting of the technology bubble. 2000年,美国各银行在两年的时间表现欠佳,只是随着科技泡沫的破裂,这种情况才告一段落。
Expectations are high-in line with rewards-and underperformance is not indulged. The chief executive used to quasi-imperial powers and supported by a pliant bureaucracy would be in for a rude awakening. 期望很高这与回报相符不会允许业绩不佳的情况出现。那些习惯于掌握类似皇权并受到顺从属下支持的首席执行官将会如梦初醒。
The price could be four more years of underperformance. 其间的代价可能将是又是四年的不如人意。
As an asset manager, I have come to view conventional wisdom as the surest path to investment underperformance. 作为一名资产管理人,我向来把传统智慧看作是通往糟糕投资的最可靠途径。
In 1991 the turnround in the US banks after three years of underperformance came only after the Japanese equity market bubble burst. 1991年,美国的银行在三年业绩欠佳之后,只是在日本股市泡沫破裂后,才出现复苏。
A Study on Underpricing and Long-run Underperformance of New Stock in Chinese Securities Market 我国证券市场新股抑价与长期弱势研究
Until then, they should brace for more underperformance. 但在那之前,他们应该准备好承受在更长时间内收益不佳的现实。
The distraction hurt badly: even though the funds were closed, 2004 saw the first year of underperformance. 这种做法的后果是严重的:即便在基金关闭之后,2004年公司业绩首次低于市场水平。
A mechanism for natural selection through the market allocation of capital and human resources and the possibility of death in cases of underperformance, in other words differential survival. 通过资金和人力资源的市场配置进行自然选择的机制,以及因表现不佳而死亡的可能性&换言之,就是差别化生存。
This leads to underperformance, poor risk management, and a failure by investors to get the best risk/ return trade-off for their portfolios. 这导致表现不佳,风险管理差,投资者不能从其投资组合中获得最佳的风险/回报平衡。
The resurgence of money into venture capital firms has come in spite of their continued underperformance, compared with generalist or big buyout firms. 尽管与从事多种业务的公司或大的收购型公司相比,风险资本公司仍然表现欠佳,但进入这些公司的资金仍再度增多起来。
Signs of this have been there in the market for weeks in the persistent underperformance of Consumer Discretionary stocks, which are most exposed to the economy, for example, and in the rally in the gold price. 这种迹象已在市场上存在了数周之久,例如非必需消费类股票(这类股票受经济状况的影响最大)持续表现不佳和黄金价格上扬。
Then, we study the reasons for IPO underperformance from the institutional point of view. 接着,区别于现有学术研究,本文从制度的视角对我国A股市场IPO长期业绩不佳进行分析和解释。
IPO underpricing and long-run underperformance after IPO are two of the three hot issues in IPO research area. More and more scholars have pay attention to the effect of Venture Capital on the two issues. 首次公开发行(IPO)股票的抑价和长期绩效是IPO研究领域的两大热点问题,其中越来越来的学者开始关注创业投资对这两个问题的影响。
Firstly, the domestic and international empirical researches on the long-run underperformance were reviewed and evaluated. 首先,对国内外关于IPO长期弱势的实证研究进行综述和评价,把握国内外IPO长期表现研究情况。