帮我翻译一下:Valuing an East European CompanyValuing an East European CompanyAS A CONSEQUENCE AND PART OF privatization plans, former Soviet bloc countries are dismantling state systems of loans and subsidies to enterprises. With limited altern

帮我翻译一下:Valuing an East European CompanyValuing an East European CompanyAS A CONSEQUENCE AND PART OF privatization plans, former Soviet bloc countries are dismantling state systems of loans and subsidies to enterprises. With limited altern
帮我翻译一下:Valuing an East European Company
Valuing an East European Company
AS A CONSEQUENCE AND PART OF privatization plans, former Soviet bloc countries are dismantling state systems of loans and subsidies to enterprises. With limited alternative domestic sources of financing, it is hoped that the privatization of former state-owned enterprises (SOEs) will be accompanied by a growth in foreign investment, particularly through joint ventures. Foreign capital cannot only underwrite the modernization of the industrial base, it can be the mechanism for introducing modern business practices and technologies. This need for foreign investment has been widely recognized in East-Central Europe and has led to the passage of liberal joint venture laws. The 1990 Joint Venture Act in Czechoslovakia, for example, contains several attractive features: foreigners can own any fraction of the venture, there are minimal controls on the repatriation of profits and capital, enterprises with foreign participation are entitled to negotiate a 'tax holiday' for up to two years with a possibility of further concessions, and
the tax rate on corporate profit is reduced from fifty percent to forty per cent if the level of foreign participation exceeds thirty per cent. These financial incentives, coupled with the possibilities for profit in markets where domestic firms in many sectors are not competitive in price and quality, was intended to generate large inflows of foreign capital. This, however, did not occur.

帮我翻译一下:Valuing an East European CompanyValuing an East European CompanyAS A CONSEQUENCE AND PART OF privatization plans, former Soviet bloc countries are dismantling state systems of loans and subsidies to enterprises. With limited altern
重视东欧公司作为一个后果和部分私有化的计划,前苏联集团国家摧毁国家制度的贷款和对企业的补贴.有限的替代产品的资金来源,人们希望私有化的原国有企业( SOEs ) ,将伴随着外商投资增长,特别是通过合资.外资不仅可以包销现代化的工业基地,它可以监测机制引入现代商业惯例和技术.这需要外国投资,已经得到广泛承认,在东中欧国家,并导致通过自由 合资法.1990年合资行为在捷克斯洛伐克,举例来说,载有吸引力的几个特点:外国人可以拥有任何分数创业,有极小控制对汇出利润和资本,企业与外商参与有权谈判一项'免税' ,以两年为一个可能性 进一步让步,和税率,对企业利润减少,从百分之五十至百分之四十,如果水平 外资参股超过百分之三十.这些经济诱因,加上可能性利润,在这一市场上国内企业在许多行业中不具竞争力的价格和 质量,其目的是要产生大量的外国资本流入.不过,这并没有发生.