Corporate Governance and Resource Security in China: The by Xinting Jia

By Xinting Jia

Corporate governance has develop into a family time period and traders internationally are tough extra transparency and responsibility from controllers of indexed companies. the present assets growth that has been pushed by way of hovering call for from China has introduced China’s indexed assets businesses into concentration. a few of these businesses are commencing to be recognized the world over, comparable to Sinopec, PetroChina, CNOOC (in the oil undefined) and CHALCO (aluminium); yet their governance buildings are usually now not popular. This e-book explores the company governance of those indexed businesses. in comparison with the governance of worldwide businesses, corresponding to BHP Billiton, Rio Tinto, Shell, Shevron, the governance of China’s assets businesses has unique features.

While the authors concentration is at the governance of assets businesses in China, this booklet additionally tackles modern problems with source safeguard and environmental swap that are heavily with regards to the depletion of the world’s ordinary resources. Case reviews of different overseas assets giants similar to BHP Billiton, Rio Tinto, Shell and Chevron are supplied to augment our realizing of the variations that exist among them and chinese language assets businesses. This ebook might be of curiosity to the company group and to these readers who're drawn to China and its governance similar issues.

Show description

Read Online or Download Corporate Governance and Resource Security in China: The Transformation of China's Global Resources Companies PDF

Similar government & business books

Enterprise Restructuring and Unemployment in Models of Transition

This quantity is the results of a examine software, all started on the global financial institution, that introduced jointly researchers from many backgrounds, together with contributors from the transition economies. The paintings used to be supported via the area Bank's learn Committee and through the commercial improvement Institute. the implications mentioned the following make clear the criteria that make certain the form and speed of the transition from deliberate to industry economies.

OECD Studies on Environmental Innovation: Better Policies to Support Eco-innovation

Eco-innovation is extra very important than ever at the public coverage schedule. it's a significant motive force for eco-friendly development and contributes to the environmental functionality and financial improvement of OECD and constructing international locations alike. This document takes a practical method of guidelines that help the improvement and diffusion of eco-innovation.

Introduction to U.S. Health Policy: The Organization, Financing, and Delivery of Health Care in America

Domestic to the world's so much complicated clinical practices, the us spends extra on healthiness care than the other nation. even as, therapy is more durable to get within the usa than in such a lot different industrialized countries. Benchmark information similar to toddler mortality and lifestyles expectancy display a society that's not approximately as fit because it may be.

The Inequality Trap: Fighting Capitalism Instead of Poverty

US President Barack Obama has referred to as monetary inequality the “defining factor of our time. ” It has encouraged the “Occupy” routine, made a French economist right into a worldwide megastar, and given us a brand new expression – the “one percentage. ” yet is our preoccupation with inequality relatively justified? Or clever? In his new ebook, William Watson argues that targeting inequality is either an errors and a seize.

Additional info for Corporate Governance and Resource Security in China: The Transformation of China's Global Resources Companies

Example text

Anonymous, 2002) This notice also specified that a special meeting should be organized with company secretaries of listed companies by the regional office of the CSRC and the SETC to effectively convey these requirements. Listed companies should also self-examine the implementation of the Code. 1. 1 Time Frame for the Self-examination of Corporate Governance in Listed Companies Time Activities Note May–June 2002 Self-examination by listed companies Result will be reported to the CSRC July–September 2002 Examination by the regional CSRC and SETC offices of selected listed companies.

As such, China was often criticized for adopting a too “legalistic approach” in managing the corporate governance of its listed companies. Chen (1994) has observed that ad hoc administrative measures have been used by the government in authorizing the provision of economic rights to various agents; this applied especially to the rights to operate SOEs or quasi-SOEs. Strong evidence of the government of China taking a strong hand in market regulation and intervening by using administrative measures was also recently re-examined by Brahm (2003).

Thus, associated with the two broad types of capitalism referred to above, the structure of corporate ownership and control has often been categorized into two major types: the outsider-based system and the insider-based system (Mayer, 1994: 189). Accordingly, the corporate governance models associated with different ownership structures are often called the outsider-based model and the insider-based model. 1. 1 Ownership structures in the two main corporate governance models. Source: (Mayer, 1994).

Download PDF sample

Rated 4.56 of 5 – based on 40 votes