Petrochina Case Analysis

Corporate governance in itself has no single definition but common principles which it should follow. For example in 1994 the most agreed term for corporate governance was “the process of supervision and control intended to ensure that the company’s management acts in accordance with the interest of shareholders” (Parkinson, 1994)1. Corporate governance code is not a direct set of rules but a self-regulated framework which businesses choose to follow. This code has continued to change in the past 20 years in accordance with what is happening in the business world. For example the Enron scandal caused reform in corporate governance with the Higgs Report which corrected the issues which were necessary. Although it does not quickly fix problems, it gives a better framework to

Today the United States is the biggest economy, the biggest energy consumer, and the biggest greenhouse gas emitter in the world. The film states, that by 2050 most economists predict that China’s economy will be larger than that of the U.S. By 2030 China will import as much oil as the U.S. however, oil is only part of the problem. The world’s most cited

Phenomenal growth of interest in corporate governance has emerged in recent years. The body of literature on the subject has grown markedly in response to successive waves of large corporate failures. Furthermore, there have been numerous attempts to define what constitutes ‘good corporate governance’ and to provide guidelines in order to enhance the quality of corporate governance.

The biggest problem of Alibaba Corporate Governance is management powers, because Alibaba Corporate Governance structure lack of stockholder rights and independent board representation to select board members and have a nominal in the management of the company. Although the board of directors in publicly traded companies always fail in their responsibility to protect the interests of shareholders. Alibaba has deprived even this minimal power ways from shareholders which isn’t sufficient respect of shareholder rights in the structures being proposed. In Alibaba has a permanent lock on control of the company but hold only a small minority of the equity capital known as the Alibaba Partnership. This

The article is written to help readers gain a solid understanding the roles of corporate governance, both inside and outside the company. Its goal is simply to impart information, not make claims or arguments on its own. I will be judging it mainly on the sources gathered, numerous examples and explanations given and the overall effectiveness it possesses in effectively communicating its ideas.

With more and more countries taking part in the international trade, the world’s market is expanding in a rapid pace. How to make use of the enlarging market and remain competitive become urgent for those participants. Market diversification is a good way to take full advantage of the resource and improve the efficiency by enlarging the business scope. In addition, it can also ease the pressure of competition and reduce the cost. The report mainly discuss that Australian Holden may enter Chinese market and chooses Shanghai as the target market. The report firstly analyzes the Australian and Chinese market and briefly

China has become one of the fastest growing nations in the world, having growth numbers close to double digits for the past fifteen years. Understanding the linkage between China’s growth and Brazil’s growth is essential for investors and globally-aware individuals alike. When large oil reserves were found off the coast of Brazil in 2012, emerging-market investors began to take a peaked interest in the country.

In recent years the issue of corporate governance has become a keenly debated topic in international finance. In developed countries, some of the biggest corporate collapses in history have brought about a change in focus. No longer are governments and lawmakers trying to deregulate and reduce the controls and disclosure requirements of corporations. The deregulation boom has ended, as regulation comes back into the picture.

The government of china is very keen to encourage foreign investors, because foreign companies are regarded as relatively good corporate

Article that provide from the guardian, the recently protest in Thailand has affect the economy of Thailand. (Guardian Liberty Voice, Tom Clark , April 2014) Generally, the war, protest, terrorism activity or any other unexpected political issues may bring a negative impact towards investors. Foreign investors might get affected if the government decides to impose new tax laws on withdrawals of cash out from the country or it might be even worst that the profits that make by investors might turn into the government coffers. Different countries have different regulations. Many foreign countries such as countries that are consider as second or third world country do not have a good supervision and control standards. Full financial disclosure may not require from different country. This may bring difficulty to investors to obtain necessary information from the corporation. Even though if adequate information can be obtained, it is very time consuming and costly for investors or fund managers to obtain. Investing on the international markets can be more expensive than investing on the domestic market. This might due to taxes, transaction costs for the securities, and commission for brokers. As a result, mutual funds that invest in international markets tend to have higher expensive ratios than similar domestic funds. Investing in the international

China’s accession to the WTO in 2001 has helped shape its economy to becoming a more predictable environment for trade and foreign investment. Corporate governance and frameworks for business operations and interactions have improved, providing a much more transparent environment. (Deckers, 2004)

The corporate governance debate has been a global phenomenon, attributed to the increasing deregulation of worldwide capital markets and the expansion of the shareholder class . Such changes have increased awareness of the importance of corporate governance practices,

We are maintaining a Neutral recommendation on Sinopec Group. This valuation is supported by numerous merits, as outlined below, as well as concerns taken into consideration:

International portfolio diversification gives your investments a passport to added diversification benefits. The international boundaries to investing have collapsed. Fairly recently, foreign securities have become easier to trade due to improved communications and data

In the 1990’s, there was around 100,000 state owned enterprises (SOE) in China and over half of them were losing money. Since 1992, most of the SOEs were given freedom to reform and extensive new investment was required for the action. IPO is one of the effective channels to raise capital in the market. Beside the Shanghai Stock Exchange and the Shenzhen Stock Exchange, SOE also sought listing out of the PRC and Hong Kong became their first destination.