convertible stock

The analysis shows that convertible preferred stock or convertible debt is the best if good output level is twice as high as the original capital.

通过对模型的数量分析发现，如果好的产出水平大于债务重组金额2倍，选择可转债或可转换优先股都是最优的债务重组工具；

It discovers the convertible stock can lower acting risk and give the valid stimulation to the both side.

通过分析发现可转换证券可以减少代理风险，对双方产生有效的激励作用。

The convertible stock was to pay an annual dividend of 10 per cent, and convert into common stock at$ 35.25 in two tranches over the coming two years.

可转换股每年将支付10%的股息，并且要在未来两年内，分两批以每股35.25美元的价格转换为普通股。

It is concluded that convertible preference stock is a superior venture capital contract form.

并得出可转换优先股是最优的风险投资契约形式的结论。

Negotiable bond convertible loan stock

流通公债，可转让债券可转换股的债权股额

In the venture capital market of USA, arrangement of convertible preferential stock and staggered investment forms the core of financial affairs governance structure.

其中可转换优先股和分阶段投资构成风险资本市场财务治理结构的核心。

In venture capital financing, practitioners use different securities, especially convertible preferred stock. Agency theory and property rights theory have different explanation for it.

现实中风险资本融资使用不同种类的证券工具，尤其是大量使用可转换优先股，委托代理理论和控制权理论对此有不同的解释。