Enterprise mergers and acquisitions(M&A)are vital strategies for companies worldwide to expand markets,enhance competitiveness,and achieve strategic goals.The Chinese government’s strong support for the new energ...Enterprise mergers and acquisitions(M&A)are vital strategies for companies worldwide to expand markets,enhance competitiveness,and achieve strategic goals.The Chinese government’s strong support for the new energy industry has created a favorable policy environment for the development of the lithium battery sector.Against this backdrop,Tianqi Lithium Corp’s acquisition of Sociedad Química y Minera(SQM)in Chile has garnered widespread attention.This paper takes Tianqi Lithium Corp’s acquisition of SQM as the research subject,conducting a detailed analysis of the motives behind the M&A.Subsequently,financial indicators are employed to conduct a performance analysis from a financial perspective,examining the impact of the M&A.Finally,based on the findings of the case analysis,relevant suggestions are proposed to offer a reference for the development of enterprise mergers and acquisitions.展开更多
In the late 1980s,the prevailing corporate model usually depicted companies as economic entities pursuing shareholders’profit maximisation interests without a thought for the consequences of this behaviour on the loc...In the late 1980s,the prevailing corporate model usually depicted companies as economic entities pursuing shareholders’profit maximisation interests without a thought for the consequences of this behaviour on the local community and environment.However,over the last decades,corporate scandals challenged that corporate model’s validity and paved the way for a sustainable corporate model.The latter emphasises a triple bottom line approach that incorporates social,economic,and environmental objectives.By implementing a sustainable corporate model,companies achieve both economic and social goals in a balanced approach.This research investigates the B Corporation(B Corp)certification system,which helps companies implement a sustainable corporate model voluntarily.B Corp certification is a badge signal that companies’business model adheres to ethical standards and meets socially conscious stakeholders’expectations.Our research aims to provide a deep contextual understanding of the determinants and implications of the B Corp certification’s adoption.We adopt a semantic approach to review and systematise management and accounting literature on Certified B Corporations(B Corps)through institutional theory’s lenses,which help us explain why firms decide voluntarily to become B Corps.展开更多
On April 4,1993,China.Oil Engineering(Construc-ti on Corp.formally signed a con-tract to build a highway from Nashala to Chalate in Pa kistan.The highway is as long as 82 km,with total investment of 62 mi-llion US dol...On April 4,1993,China.Oil Engineering(Construc-ti on Corp.formally signed a con-tract to build a highway from Nashala to Chalate in Pa kistan.The highway is as long as 82 km,with total investment of 62 mi-llion US dollars.展开更多
Based on methods for evaluating the overall planning and implementation of land use of domestic scholars, a comprehensive and highly-operable index system and evaluating method for land use planning multi-type impleme...Based on methods for evaluating the overall planning and implementation of land use of domestic scholars, a comprehensive and highly-operable index system and evaluating method for land use planning multi-type implementation has been established through selecting multi-type evaluating indicators and applied to the last-round overall planning of land use in Xinjiang Production and Construction Corps Agriculture-seven Division. The obtained comprehensive score was 86.40, indicating that land use overall planning has been excellently coordinated with land, society, economy as well as ecology and has exerted outstanding effect with the rank as "good". The evaluation results are in accordance with actual conditions, which displays that the established multi-type implementation evaluating system of land use overall planning is reasonable with scientific evaluating methods and can be the reference for evaluation of land use overall planning in other regiments and companies of Xinjiang Production and Construction Corps.展开更多
With its headquarters in Nanjing and founded in 1978, the Jiangsu Machinery & Equipment Import & Export (Group) Corporation is one of the major members of the China machinery & Equipment Import & Expor...With its headquarters in Nanjing and founded in 1978, the Jiangsu Machinery & Equipment Import & Export (Group) Corporation is one of the major members of the China machinery & Equipment Import & Export Group. It has over twenty exclusive investment or holding companies at home and abroad,展开更多
China North Industries Corp. (Norinco) under the China Ordnance Industry Corp. was founded in February 1980. A huge mechano-electrical product exporter, it stands in the forefront of the 500 top foreign trade enterpri...China North Industries Corp. (Norinco) under the China Ordnance Industry Corp. was founded in February 1980. A huge mechano-electrical product exporter, it stands in the forefront of the 500 top foreign trade enterprises in the country. To prepareits products for the market, Norinco has readjusted its industrial and institutional structures in line with the modern enterprise system. It has built itself into a technology-industry-展开更多
Following the revival of the international chemicals market, the business achievements of the Shanghai Chemicals Import and Export Corp. has developed rapidly. Its export market has further expanded. Imported technolo...Following the revival of the international chemicals market, the business achievements of the Shanghai Chemicals Import and Export Corp. has developed rapidly. Its export market has further expanded. Imported technology and equipment have given an impetus to the high value-added exports. The technical investment in export production bases has gained initial effects. The corporation is one of the展开更多
Two years ago when I visited the Shanghai Lansheng Corp., I was deeply impressed by its show room where so many samples were displayed, including world-famous trademark Chinese-made footballs, volleyballs and basketba...Two years ago when I visited the Shanghai Lansheng Corp., I was deeply impressed by its show room where so many samples were displayed, including world-famous trademark Chinese-made footballs, volleyballs and basketballs used in international competitions. Also there were sports garments, shoes, bags and suitcases, and other sports equitment. These demonstrated the strength of its competition on the international market.展开更多
Among the 500 national enterprises with largest import-export volumes, the China National Technical Import-export Corporation (CNTIC), ranked the sixth in. 1992, leapt to the fourth in 1993, with record imports. Dong ...Among the 500 national enterprises with largest import-export volumes, the China National Technical Import-export Corporation (CNTIC), ranked the sixth in. 1992, leapt to the fourth in 1993, with record imports. Dong Changyin, president of the corporation briefed to our staff reporter on how it was done.展开更多
The China National Textiles I/E Corp (Chinatex), one of the foreign trade companies in the country with the biggest import and export value, exported more textiles and expanded its business at home and abroad in 1994,...The China National Textiles I/E Corp (Chinatex), one of the foreign trade companies in the country with the biggest import and export value, exported more textiles and expanded its business at home and abroad in 1994, in spite of the shortage of raw materials and the rise in prices. Chinatex’s import and export value totalled US$2.718 billion last year, a rise of 43.9% over the previous year. The quality of the exports also improved. The company’s Beijing branch exported US$370 million worth of goods, 33.3% more than in the previous year. Its enterprises abroad had a turnover of US$1 billion in 1994.展开更多
文摘Enterprise mergers and acquisitions(M&A)are vital strategies for companies worldwide to expand markets,enhance competitiveness,and achieve strategic goals.The Chinese government’s strong support for the new energy industry has created a favorable policy environment for the development of the lithium battery sector.Against this backdrop,Tianqi Lithium Corp’s acquisition of Sociedad Química y Minera(SQM)in Chile has garnered widespread attention.This paper takes Tianqi Lithium Corp’s acquisition of SQM as the research subject,conducting a detailed analysis of the motives behind the M&A.Subsequently,financial indicators are employed to conduct a performance analysis from a financial perspective,examining the impact of the M&A.Finally,based on the findings of the case analysis,relevant suggestions are proposed to offer a reference for the development of enterprise mergers and acquisitions.
文摘In the late 1980s,the prevailing corporate model usually depicted companies as economic entities pursuing shareholders’profit maximisation interests without a thought for the consequences of this behaviour on the local community and environment.However,over the last decades,corporate scandals challenged that corporate model’s validity and paved the way for a sustainable corporate model.The latter emphasises a triple bottom line approach that incorporates social,economic,and environmental objectives.By implementing a sustainable corporate model,companies achieve both economic and social goals in a balanced approach.This research investigates the B Corporation(B Corp)certification system,which helps companies implement a sustainable corporate model voluntarily.B Corp certification is a badge signal that companies’business model adheres to ethical standards and meets socially conscious stakeholders’expectations.Our research aims to provide a deep contextual understanding of the determinants and implications of the B Corp certification’s adoption.We adopt a semantic approach to review and systematise management and accounting literature on Certified B Corporations(B Corps)through institutional theory’s lenses,which help us explain why firms decide voluntarily to become B Corps.
文摘On April 4,1993,China.Oil Engineering(Construc-ti on Corp.formally signed a con-tract to build a highway from Nashala to Chalate in Pa kistan.The highway is as long as 82 km,with total investment of 62 mi-llion US dollars.
文摘Based on methods for evaluating the overall planning and implementation of land use of domestic scholars, a comprehensive and highly-operable index system and evaluating method for land use planning multi-type implementation has been established through selecting multi-type evaluating indicators and applied to the last-round overall planning of land use in Xinjiang Production and Construction Corps Agriculture-seven Division. The obtained comprehensive score was 86.40, indicating that land use overall planning has been excellently coordinated with land, society, economy as well as ecology and has exerted outstanding effect with the rank as "good". The evaluation results are in accordance with actual conditions, which displays that the established multi-type implementation evaluating system of land use overall planning is reasonable with scientific evaluating methods and can be the reference for evaluation of land use overall planning in other regiments and companies of Xinjiang Production and Construction Corps.
文摘With its headquarters in Nanjing and founded in 1978, the Jiangsu Machinery & Equipment Import & Export (Group) Corporation is one of the major members of the China machinery & Equipment Import & Export Group. It has over twenty exclusive investment or holding companies at home and abroad,
文摘China North Industries Corp. (Norinco) under the China Ordnance Industry Corp. was founded in February 1980. A huge mechano-electrical product exporter, it stands in the forefront of the 500 top foreign trade enterprises in the country. To prepareits products for the market, Norinco has readjusted its industrial and institutional structures in line with the modern enterprise system. It has built itself into a technology-industry-
文摘Following the revival of the international chemicals market, the business achievements of the Shanghai Chemicals Import and Export Corp. has developed rapidly. Its export market has further expanded. Imported technology and equipment have given an impetus to the high value-added exports. The technical investment in export production bases has gained initial effects. The corporation is one of the
文摘Two years ago when I visited the Shanghai Lansheng Corp., I was deeply impressed by its show room where so many samples were displayed, including world-famous trademark Chinese-made footballs, volleyballs and basketballs used in international competitions. Also there were sports garments, shoes, bags and suitcases, and other sports equitment. These demonstrated the strength of its competition on the international market.
文摘Among the 500 national enterprises with largest import-export volumes, the China National Technical Import-export Corporation (CNTIC), ranked the sixth in. 1992, leapt to the fourth in 1993, with record imports. Dong Changyin, president of the corporation briefed to our staff reporter on how it was done.
文摘The China National Textiles I/E Corp (Chinatex), one of the foreign trade companies in the country with the biggest import and export value, exported more textiles and expanded its business at home and abroad in 1994, in spite of the shortage of raw materials and the rise in prices. Chinatex’s import and export value totalled US$2.718 billion last year, a rise of 43.9% over the previous year. The quality of the exports also improved. The company’s Beijing branch exported US$370 million worth of goods, 33.3% more than in the previous year. Its enterprises abroad had a turnover of US$1 billion in 1994.
