Then we analyzed the specialty of the human resource , made use of call option thought , introduced the adjusted black - scholes pricing formula , and combined the result of performance evaluation , so as to assess human resource value 进一步分析了人力资源的特殊性，引入看涨期权思想，运用修正的black - scholes定价公式，进行人力资源价值计量。
Covered warrant is a kind of special call option . its characteristics include plain infrastructure , easy operation , mature theory , etc . at present covered warrant has been applied widely by many countries as a financial derivative tool 备兑权证是一种特殊的看涨期权，具有结构清晰、易于运作、相关理论成熟等特点，已成为各国广泛应用的金融衍生工具。
Corporate equity has characteristics of options , and stock is in essence a call option based on corporate value , the striking price of which is the principal and interest to be paid on the expiry date of the corporate debentures 公司的权益资本具有期权特性，公司的股票实质上是基于公司价值的看涨期权，该期权的执行价格就是公司债券到期时的还本付息金额。
The innovations of this thesis lie in setting up middle managers " performance evaluation indexes system , introducing call option thought to evaluate human resource value , and confirming the proper stock option quantities that will be sent to employees 本文的创新点在于建立中层管理人员绩效评估指标体系，引入看涨期权思想，对人力资源价值进行计量，并确定适当的股票期权赠与数量。
Because the return rate has many good characters such as the following , we estimate the return rate by use of the characters . theorem 1 [ 20 ] set kernel function k ( u ) and density function f ( x ) satisfy the following conditions 第三部分研究在收益率不服从正态分布的情况下用核估计方法对股票的收益率密度做出估计,然后算出在期满日时的股价,再用非参数估计方法对欧式看涨期权价值进行评估
Then , this article proves that corporation share and debt can all possess the option characteristic by introducing the tool of theory of option . thus it can explain the financing structure of the company to the financial lever from the angle based on call option of company ' s value 然后，本文通过引入期权理论这一工具，阐明公司的权益和债务都可具备期权特性，从而把公司的融资结构和财务杠杆效应可以从基于公司价值的看涨期权的角度加以解释。
Finally , this article points out that the traditional method of net present value has the defect to assessing investment decision of company , also proves that investment of the company has the characteristic of the american call option through introducing the concept of the option of investment and the material object option 最后，本文将在指出传统的净现值法在评估公司投资决策缺陷的基础上，通过引入投资期权和实物期权的概念，来论证公司的投资决策具有美式看涨期权的特性。
Article 18 if an enterprise fails to satisfy the conditions to stop the recognition due to it sells a put option or holds a call option , and it measures the financial asset at the amortized cost , it shall recognize the liability formed by its continuous involvement in the light of the consideration it receives on the date of transfer 第十八条企业因卖出一项看跌期权或持有一项看涨期权，使所转移金融资产不符合终止确认条件，且按照摊余成本计量该金融资产的，应当在转移日按照收到的对价确认继续涉入形成的负债。
On the assumption of continuous dividend of shares award , we ' ll establish such a model in the way that continuous dividend rates is attached to shares option pricing in jump process and work out the formula of average relationship between the rising and falling option and european rising option pricing all through martingale theory and stochastic analysis 摘要假定在股票支付连续红利率的情况下，我们将建立支付连续红利率服从跳过程的股票期权定价模型，并利用鞅论和随机分析的方法给出欧式看涨期权定价模型及看涨和看跌期权的平价关系式。
We apply the return of equity ( roe ) and r instead for tobin ’ s q as the indicators to describe the corporate performance . pricing of the warrant may put forward a challenge for classical black - scholes formula . in reality , warrant holders , like option holders , may elect to exercise early if the underlying stock pays sufficiently large dividends 指出认股权证的delta 、 gamma和vega风险对冲策略和现阶段可采用的风险管理工具和方法,分析运用经典欧式看涨期权的black - scholes公式为认股权证定价的缺陷,得出考虑红利支付的b - s公式修正模型与由历史波动率的确定的看涨期权b - s模型的定价结果较为接近,而红利支付的b - s公式修正模型和由条件波动确定的看涨期权价格差别较大的结论。
