At the initial development stage , agriculture supply chain of our country aims for prompt reflection of the requirement and diminishment of the cost . forasmuch of the inventory cost and the interrelated expenses make up of the main expenditure , inventory control takes an important part in the supply chain 我国农业供应链的发展处于初级阶段,农业供应链的一个重要目标就是提高农产品的供求反映速度,尽量减少农产品流通过程的各种耗费,而库存成本和因库存引起的相关成本费用在总成本中占有很大比重,所以库存控制是农业供应链的一个重要方面。
If the fair value of the service of any other party can not be measured in a reliable way , but the fair value of the equity instruments can be measured in a reliable way , the fair value of the equity instruments on date of the service acquisition shall be included in the relevant costs or expenses , and the owner ' s equities shall be increased accordingly （二）其他方服务的公允价值不能可靠计量但权益工具公允价值能够可靠计量的，应当按照权益工具在服务取得日的公允价值，计入相关成本或费用，相应增加所有者权益。
Article 6 as to a equity - settled share - based payment in return for employee services , if the right cannot be exercised until the vesting period comes to an end or until the prescribed performance conditions are met , then on each balance sheet date within the vesting period , the services obtained in the current period shall , based on the best estimate of the number of vested equity instruments , be included in the relevant costs or expenses and the capital reserves at the fair value of the equities instruments on the date of the grant 第六条完成等待期内的服务或达到规定业绩条件才可行权的换取职工服务的以权益结算的股份支付，在等待期内的每个资产负债表日，应当以对可行权权益工具数量的最佳估计为基础，按照权益工具授予日的公允价值，将当期取得的服务计入相关成本或费用和资本公积。
Article 5 as to an equity - settled share - based payment in return for services of employees , if the right may be exercised immediately after the grant , the fair value of the equity instruments shall , on the date of the grant , be included in the relevant cost or expense and the capital reserves shall be increased accordingly 第五条授予后立即可行权的换取职工服务的以权益结算的股份支付，应当在授予日按照权益工具的公允价值计入相关成本或费用，相应增加资本公积。
Our research begins with analyzing the economical inbeing of cb , summarizes the history and status in quo of chinese cb financing . we conclude that cb financing can decrease many types of equity - related and debt - related costs in firm ' s external financing contrasting with debt and equity financing . we also contrast our experimental evidence in chinese market with the overseas evidences , and find some characteristics and flaws of domestic issuers 本文从分析可转换债券经济学本质入手，总结了中国上市公司可转换债券融资发展历程与现状，认为可转换债券融资与直接股权和债权融资相比能减少公司外部融资时同时面临的多种股权和债权性相关成本，同时将针对国内的实证结果与理论结果进行比较，揭示出国内融资主体的特征与有待改进之处。
