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1·However, our Listed Companies of State-owned exist the serious Insider Control problem, for example making use of the job power to take the gray income, incumbency to consume to inflate etc.

然而，我国国有控股上市公司内却存在着严重的内部人控制问题，如利用职权牟取灰色收入、在职消费膨胀等。

2·The policy burden not only bring soft budget constraint to affect the principal′s utility function, but also cause the problem of asymmetric information that induces managers to seek gray income .

由于政策性负担不仅产生了软预算约束问题，影响委托人的效用函数，而且加深了信息不对称程度，导致经营者追求灰色收入。

3·This article quantitatively analyze Influence of SARS on the foreign exchange income in travel industry with the gray system, and compare it with the conclusion in macroscopic economics.

利用灰色系统分析就SARS对旅游外汇收入的影响进行了定量分析，并将分析结果与实际数据及宏观经济学分析结论进行了对比。

4·Therefore, the income tax essentials are: First, sporadic service, the income of gray;

因此，此项所得节税要领有：一、零星服务，收入灰色化；

5·The proceeds of the tax essentials include: a royalty income of gray;

此项所得的节税要领包括：一特许权使用费收入灰色化；

6·The proceeds of the tax essentials are: First, the gray of white income;

此项所得的节税要领是：一、白色收入灰色化；