“A limited company is more than a mere judicial entity, with a personality in law of its own： Behind it, or amongst it, there are individuals, with rights, expectations and obligations inter se”. The competitive at...“A limited company is more than a mere judicial entity, with a personality in law of its own： Behind it, or amongst it, there are individuals, with rights, expectations and obligations inter se”. The competitive attitude of the member states of the EU （European Union）, to become the most attractive for companies results in law reforms aiming at more flexible conflict between shareholders. Besides, the economic objective of avoiding a company＇s dissolution, the English, Dutch, and Belgian exit proceedings for the settlement of disputes between shareholders set up a social objective： protecting the interests of the minority shareholder of a private limited company. The paper consists of four chapters. The introduction lays out the necessity of buy-outs for shareholders of a private limited company. The first chapter describes the different facts justifying the buy-out of a shareholder on the basis of serious grounds. The second chapter presents the findings of a comparative research of the valuation of the shares transferred in an English, Dutch, and Belgian procedure. Finally, the conclusion summarises in which way the English, Dutch, and Belgian legal system protect the interests of the minority shareholder of a private limited company.展开更多
1.Introduction Spectacular advances have been made in the atmospheric sciences on a global level during a period of one hundred years or more,which is arguably most evident through"the quiet revolution of numeric...1.Introduction Spectacular advances have been made in the atmospheric sciences on a global level during a period of one hundred years or more,which is arguably most evident through"the quiet revolution of numerical weather prediction"(Bauer et展开更多
In this study, the cooperative shareholders＇ performance and satisfaction were investigated as antecedent. Charismatic leadership of cooperative managers has been identified as antecedent. In addition, shareholders＇...In this study, the cooperative shareholders＇ performance and satisfaction were investigated as antecedent. Charismatic leadership of cooperative managers has been identified as antecedent. In addition, shareholders＇ age, education, land size, and duration of membership in the cooperative were investigated to have effect on the shareholder＇s performance and satisfaction. Charismatic leadership of cooperative managers is the subject of research on the effects of performance and satisfaction of the cooperative shareholders. A field survey was conducted. This study has been applied to Cukobirlik, an agricultural sale cooperative in East Mediterranean of Turkey. The researchers collected data by random questionnaire method. The research data were collected from 155 cooperative shareholders. For the data, exploratory factor, correlation, and regression were analyzed. The results of this analysis show that there is a meaningful relationship between charismatic leaders and the performance and satisfaction of shareholders for these cooperatives. Another result, there is significant relation between land size of cooperative shareholders and the performance and satisfaction of cooperative shareholders.展开更多
The study examines the moderating effects of financial performance on the relationship between financial leverage （FL） and shareholders return （SR）. Panel data of pharmaceutical companies listed in the National St...The study examines the moderating effects of financial performance on the relationship between financial leverage （FL） and shareholders return （SR）. Panel data of pharmaceutical companies listed in the National Stock Exchange （NSE） were used for 13 years for the period from 2002-03 to 2014-15. Findings indicated that FL is significantly related with SR. However, financial performance has an insignificant relationship with SR and did not moderate the relationship between FL and SR.展开更多
Based on the epistemology and methodology of organizational routine evolution, this paper presents a systematic analysis on how ultimate shareholders control listed companies by means of equity control chain in a pyra...Based on the epistemology and methodology of organizational routine evolution, this paper presents a systematic analysis on how ultimate shareholders control listed companies by means of equity control chain in a pyramid structure and social capital control chain hidden in social networks. First, this paper examines the internal logic of ultimate shareholders＇ double control chain and designs an iterative model for dynamic evolution intent proceeding from ultimate shareholders ＇degree of intent for social capital control. Finally, with the case study of Inner Mongolia Caoyuan Xingfa Co., Ltd., this paper reveals the process and mechanism of ultimate shareholders＇ creation of double control chain.展开更多
In China, major shareholders of private listed enterprise could control its production and operation by virtue of few resources which makes it possible for ultimate controlling shareholders to expropriate minority sha...In China, major shareholders of private listed enterprise could control its production and operation by virtue of few resources which makes it possible for ultimate controlling shareholders to expropriate minority shareholders＇ rights and interests.In this paper, we studied the relationship between ultimate controlling shareholders and business performance of private enterprises based on the theory of ultimate controlling shareholders and made relevant conclusions and recommendations.展开更多
China Resources Cement in Hepu County of Beihai City is building two new type dry method cement production lines with two sets of 9 MW pure low temperatures residual heat power generating systems matched. Phase I of t...China Resources Cement in Hepu County of Beihai City is building two new type dry method cement production lines with two sets of 9 MW pure low temperatures residual heat power generating systems matched. Phase I of the project will be invested CNY I billion, and had been invested CNY 0.13 billion in 2012. China Resources Cement is shooting at putting the lines into production in May 2014.展开更多
It is tangible that big shareholders infringe the interests of small and medium shareholders in China's listed companies,and such behaviors of big shareholders influence not only the normal production and business...It is tangible that big shareholders infringe the interests of small and medium shareholders in China's listed companies,and such behaviors of big shareholders influence not only the normal production and business operation of companies but also the sound development of the capital market. At the same time,the economic order of society is also disturbed. Therefore,expropriation of big shareholders shall be governed effectively in time. This paper tries to analyze related research findings on expropriation and make conclusion from three aspects—the ways of expropriation,economic consequences of expropriation and the management effects of expropriation,pointing out the limitation of present research and the direction for the future.展开更多
Chinese shoe manufacturer establishes a successful operation in Ethiopia MEETING with Meles Zenawi,former Prime Minister of Ethiopia,was both a valuable personal experience and a turning point for Zhang Huarong＇s ove...Chinese shoe manufacturer establishes a successful operation in Ethiopia MEETING with Meles Zenawi,former Prime Minister of Ethiopia,was both a valuable personal experience and a turning point for Zhang Huarong＇s overseas business expansion. Zhang,55,runs the Huajian Group,a well-known shoe manufacturer employing about 25,000 workers on the Chinese mainland.Based in Dongguan,in south-China＇s Guangdong Province,Huajian makes shoes for global brands including Tommy Hilfiger and Guess.展开更多
THE news of Malawi President Joyce Banda declaring her country would not be hosting the 19th AU Summit in July caused ripple effects in the African community.
From Nov.5th to 6th, 2010, the Caixin Summit 2010: China and the World, organized by Caixin Media, was held in Beijing. Distinguished speakers were invited to provide topical and insightful
Cameroon plans to plant one million trees a year to try and limit the effects of climate change dance of equatorial forests,which make up part of the Congo Basin recognized as the second largest equatorial forest in t...Cameroon plans to plant one million trees a year to try and limit the effects of climate change dance of equatorial forests,which make up part of the Congo Basin recognized as the second largest equatorial forest in the world after the Amazon Basin.展开更多
Amazing China, a 90-minute documentary which focuses on China＇s accomplishments over the past five years, has been a huge success at the box office since it hit the screens in China on March 2. One scene, in particul...Amazing China, a 90-minute documentary which focuses on China＇s accomplishments over the past five years, has been a huge success at the box office since it hit the screens in China on March 2. One scene, in particular, struck a chord with audiences when Zhang Huarong, Chairman of Chinese shoemaker Huajian Group, sang the Chinese song Unity Is Strength with Ethiopian employees in the group＇s Ethiopian factory.展开更多
HAZAN Shoes adopts an innovative international strategy of brand building in Africa TWO decades ago,Wang Jianping set up a shoe workshop in his hometown of Wenzhou, east China’s Zhejiang Province.With only 10 workers...HAZAN Shoes adopts an innovative international strategy of brand building in Africa TWO decades ago,Wang Jianping set up a shoe workshop in his hometown of Wenzhou, east China’s Zhejiang Province.With only 10 workers and a daily output of 300展开更多
The International Conference on"The Communist Party of China and the Progress on Human Rights in China"was held on April 8,2021.It was sponsored by the China Society for Human Rights Studies and the Publicit...The International Conference on"The Communist Party of China and the Progress on Human Rights in China"was held on April 8,2021.It was sponsored by the China Society for Human Rights Studies and the Publicity Department of the CPC Jilin Provincial Committee and organized by Jilin University Human Rights Center,Jilin University School of Law,and Jilin University Center for Jurisprudence Research.At the conference,representatives from more than 20 countries discussed in depth the achievements,experience,and theories of the Communist Party of China in leading the Chinese people to strive for a better life and promoting the protection of human rights from dimensions of history and reality.The conference fully demonstrated the historical role and significance of the CPC’s path,thoughts,theories,and practices concerning human rights.展开更多
On December 8, 2021, China’s State Council Information office(SCIo) and Ministry of Foreign Affairs co-hosted the “2021 South-South Human Rights Forum” in Beijing. The forum is themed on “putting people First and ...On December 8, 2021, China’s State Council Information office(SCIo) and Ministry of Foreign Affairs co-hosted the “2021 South-South Human Rights Forum” in Beijing. The forum is themed on “putting people First and Global Human Rights Governance”. Four sub-themes, namely, “Building a Global Community of Health for All and protecting Human Rights”, “Anti-poverty Ffforts and Realization of the Right to Development”, “Multilateralism and Global Human Rights Governance”, and “The Role of Developing Countries in Global Human Rights Governance”, were discussed by delegates from more than 100 countries and international organizations. Within the framework of the theme of the forum, the delegates fully discussed on how to better respect and protect human rights, advance equal cooperation, share development outcomes, seek common and sustainable development, maintain fairness and justice in the international community, and improve the basic experience of the protection of human rights, and so on. As an important platform for the exchanges and cooperation of developing countries in human rights, the South-South Human Rights Forum has effectively promoted mutual understanding, inclusiveness and mutual learning on human rights governance.展开更多
Maria Pools National Park, the second biggest game reserve in Zimbabwe, is best known for its large bull elephants while alsobeing home to black rhinos. Located in the Zambezi River Valley, the area is characterized ...Maria Pools National Park, the second biggest game reserve in Zimbabwe, is best known for its large bull elephants while alsobeing home to black rhinos. Located in the Zambezi River Valley, the area is characterized by thick vegetation which provides camouflage for the team- ing wildlife.展开更多
文摘“A limited company is more than a mere judicial entity, with a personality in law of its own： Behind it, or amongst it, there are individuals, with rights, expectations and obligations inter se”. The competitive attitude of the member states of the EU （European Union）, to become the most attractive for companies results in law reforms aiming at more flexible conflict between shareholders. Besides, the economic objective of avoiding a company＇s dissolution, the English, Dutch, and Belgian exit proceedings for the settlement of disputes between shareholders set up a social objective： protecting the interests of the minority shareholder of a private limited company. The paper consists of four chapters. The introduction lays out the necessity of buy-outs for shareholders of a private limited company. The first chapter describes the different facts justifying the buy-out of a shareholder on the basis of serious grounds. The second chapter presents the findings of a comparative research of the valuation of the shares transferred in an English, Dutch, and Belgian procedure. Finally, the conclusion summarises in which way the English, Dutch, and Belgian legal system protect the interests of the minority shareholder of a private limited company.
基金Support for this study was provided by the “Waves to Weather” initiative (SFB/TRR 165) of the German Research Foundation (DFG)
文摘1.Introduction Spectacular advances have been made in the atmospheric sciences on a global level during a period of one hundred years or more,which is arguably most evident through"the quiet revolution of numerical weather prediction"(Bauer et
文摘In this study, the cooperative shareholders＇ performance and satisfaction were investigated as antecedent. Charismatic leadership of cooperative managers has been identified as antecedent. In addition, shareholders＇ age, education, land size, and duration of membership in the cooperative were investigated to have effect on the shareholder＇s performance and satisfaction. Charismatic leadership of cooperative managers is the subject of research on the effects of performance and satisfaction of the cooperative shareholders. A field survey was conducted. This study has been applied to Cukobirlik, an agricultural sale cooperative in East Mediterranean of Turkey. The researchers collected data by random questionnaire method. The research data were collected from 155 cooperative shareholders. For the data, exploratory factor, correlation, and regression were analyzed. The results of this analysis show that there is a meaningful relationship between charismatic leaders and the performance and satisfaction of shareholders for these cooperatives. Another result, there is significant relation between land size of cooperative shareholders and the performance and satisfaction of cooperative shareholders.
文摘The study examines the moderating effects of financial performance on the relationship between financial leverage （FL） and shareholders return （SR）. Panel data of pharmaceutical companies listed in the National Stock Exchange （NSE） were used for 13 years for the period from 2002-03 to 2014-15. Findings indicated that FL is significantly related with SR. However, financial performance has an insignificant relationship with SR and did not moderate the relationship between FL and SR.
基金Phased results of fund project： ＂Study on the Ultimate Shareholder＇s Control and Deprivation in Listed Companies from the Perspective of Social Capital,＂ sponsored by National Natural Science Foundation of China （Grant No. 71072072） ＂Study on Ultimate Control Rights of China＇s Listed Companies from the Perspective of Social Capital,＂ sponsored by Graduate Innovation Fund of Capital University of Economics and Business （Grant No.CUEB2010507）.
文摘Based on the epistemology and methodology of organizational routine evolution, this paper presents a systematic analysis on how ultimate shareholders control listed companies by means of equity control chain in a pyramid structure and social capital control chain hidden in social networks. First, this paper examines the internal logic of ultimate shareholders＇ double control chain and designs an iterative model for dynamic evolution intent proceeding from ultimate shareholders ＇degree of intent for social capital control. Finally, with the case study of Inner Mongolia Caoyuan Xingfa Co., Ltd., this paper reveals the process and mechanism of ultimate shareholders＇ creation of double control chain.
文摘In China, major shareholders of private listed enterprise could control its production and operation by virtue of few resources which makes it possible for ultimate controlling shareholders to expropriate minority shareholders＇ rights and interests.In this paper, we studied the relationship between ultimate controlling shareholders and business performance of private enterprises based on the theory of ultimate controlling shareholders and made relevant conclusions and recommendations.
文摘China Resources Cement in Hepu County of Beihai City is building two new type dry method cement production lines with two sets of 9 MW pure low temperatures residual heat power generating systems matched. Phase I of the project will be invested CNY I billion, and had been invested CNY 0.13 billion in 2012. China Resources Cement is shooting at putting the lines into production in May 2014.
基金the phased achievement of the fund program of basic scientific research business expenses of Jilin University(No.:2011ZZ033)
文摘It is tangible that big shareholders infringe the interests of small and medium shareholders in China's listed companies,and such behaviors of big shareholders influence not only the normal production and business operation of companies but also the sound development of the capital market. At the same time,the economic order of society is also disturbed. Therefore,expropriation of big shareholders shall be governed effectively in time. This paper tries to analyze related research findings on expropriation and make conclusion from three aspects—the ways of expropriation,economic consequences of expropriation and the management effects of expropriation,pointing out the limitation of present research and the direction for the future.
文摘Chinese shoe manufacturer establishes a successful operation in Ethiopia MEETING with Meles Zenawi,former Prime Minister of Ethiopia,was both a valuable personal experience and a turning point for Zhang Huarong＇s overseas business expansion. Zhang,55,runs the Huajian Group,a well-known shoe manufacturer employing about 25,000 workers on the Chinese mainland.Based in Dongguan,in south-China＇s Guangdong Province,Huajian makes shoes for global brands including Tommy Hilfiger and Guess.
文摘THE news of Malawi President Joyce Banda declaring her country would not be hosting the 19th AU Summit in July caused ripple effects in the African community.
文摘From Nov.5th to 6th, 2010, the Caixin Summit 2010: China and the World, organized by Caixin Media, was held in Beijing. Distinguished speakers were invited to provide topical and insightful
文摘Cameroon plans to plant one million trees a year to try and limit the effects of climate change dance of equatorial forests,which make up part of the Congo Basin recognized as the second largest equatorial forest in the world after the Amazon Basin.
文摘Amazing China, a 90-minute documentary which focuses on China＇s accomplishments over the past five years, has been a huge success at the box office since it hit the screens in China on March 2. One scene, in particular, struck a chord with audiences when Zhang Huarong, Chairman of Chinese shoemaker Huajian Group, sang the Chinese song Unity Is Strength with Ethiopian employees in the group＇s Ethiopian factory.
文摘HAZAN Shoes adopts an innovative international strategy of brand building in Africa TWO decades ago,Wang Jianping set up a shoe workshop in his hometown of Wenzhou, east China’s Zhejiang Province.With only 10 workers and a daily output of 300
文摘The International Conference on"The Communist Party of China and the Progress on Human Rights in China"was held on April 8,2021.It was sponsored by the China Society for Human Rights Studies and the Publicity Department of the CPC Jilin Provincial Committee and organized by Jilin University Human Rights Center,Jilin University School of Law,and Jilin University Center for Jurisprudence Research.At the conference,representatives from more than 20 countries discussed in depth the achievements,experience,and theories of the Communist Party of China in leading the Chinese people to strive for a better life and promoting the protection of human rights from dimensions of history and reality.The conference fully demonstrated the historical role and significance of the CPC’s path,thoughts,theories,and practices concerning human rights.
文摘On December 8, 2021, China’s State Council Information office(SCIo) and Ministry of Foreign Affairs co-hosted the “2021 South-South Human Rights Forum” in Beijing. The forum is themed on “putting people First and Global Human Rights Governance”. Four sub-themes, namely, “Building a Global Community of Health for All and protecting Human Rights”, “Anti-poverty Ffforts and Realization of the Right to Development”, “Multilateralism and Global Human Rights Governance”, and “The Role of Developing Countries in Global Human Rights Governance”, were discussed by delegates from more than 100 countries and international organizations. Within the framework of the theme of the forum, the delegates fully discussed on how to better respect and protect human rights, advance equal cooperation, share development outcomes, seek common and sustainable development, maintain fairness and justice in the international community, and improve the basic experience of the protection of human rights, and so on. As an important platform for the exchanges and cooperation of developing countries in human rights, the South-South Human Rights Forum has effectively promoted mutual understanding, inclusiveness and mutual learning on human rights governance.
文摘Maria Pools National Park, the second biggest game reserve in Zimbabwe, is best known for its large bull elephants while alsobeing home to black rhinos. Located in the Zambezi River Valley, the area is characterized by thick vegetation which provides camouflage for the team- ing wildlife.
