This implies that ultimate controlling shareholders not only take full advantages of non-dilution effect of equity financing,but also take active entrenchments for the bankruptcy threat effect and constraint tunneling effect of debt.
这表明资本结构决策本身存在代理问题,终极股东一方面积极利用股权融资的非稀释效应,另一方面对负债的破产威胁效应和利益转移限制效应作出了壕沟防守反应。
参考来源 - 控制权、现金流权与资本结构——一项基于我国民营上市公司面板数据的实证分析·2,447,543篇论文数据，部分数据来源于NoteExpress
He attributed this to a dilution effect of the herbicide.
他把这归因于除草剂的稀释效应。
This thesis will propose a dilution effect model which is a mixture of binomial and exponential distribution.
本论文将提出一个由二项及指数分配所混合而成的稀释效用模型。
The addition of PHE also reduced the melt temperature of blends, which result from the dilution effect of PHE that reduced the degree of PA66 crystal.
由于PHE的加入起到稀释效应或是使得PA66晶体的完善程度降低，从而使得共混物的熔点降低。
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