China＇s supervisory mechanism is peculiar in that it integrated the supervisory board （SB） of the German corporate governance （CG） model in 1993, and has simultaneously adopted the audit committee （AC） of the A...China＇s supervisory mechanism is peculiar in that it integrated the supervisory board （SB） of the German corporate governance （CG） model in 1993, and has simultaneously adopted the audit committee （AC） of the Anglo-American model since 2002. This paper aims to reveal the effectiveness of SBs in coordination with ACs in China. The regulations for Anglo-American and Chinese systems are compared and further evidence is provided through interviewing two governors of all listed companies in the SSE and of 79 investment corporations in Hangzhou. Both statements indicate that China still faces difficulties and problems in meeting the two indexes of independence and expertise of supervision to give effective supervisory functions. Both opinions differed in terms of the co-ordination of SBs and ACs in the future. The evidence presented forms a basis for proposals of how key characteristics of effectiveness and co-ordination can be improved to make supervisory functions in China more effective.展开更多
The task of standardization includes the formulation, organization, and supervision of standards, as well as the implementation of those standards. This paper outlines how standardization was illustrated, analyzed, an...The task of standardization includes the formulation, organization, and supervision of standards, as well as the implementation of those standards. This paper outlines how standardization was illustrated, analyzed, and brought forward developmentally, while emphasizing implementation and supervision in accordance with the target and scope of the Expo 2010 Shanghai China Informatization.展开更多
In order to address the plight of rural financing, the 2007 China Banking Regulatory Commission, China＇s State Council started rural banks in provinces, towns and villages. There are so many problems faced by rural b...In order to address the plight of rural financing, the 2007 China Banking Regulatory Commission, China＇s State Council started rural banks in provinces, towns and villages. There are so many problems faced by rural banks. The most pressing issue is the sustainability of targeting deviate due to restraints, shortage of funds, and loan risks. In order to effectively address these issues, this paper presents some solutions展开更多
NEWLY APPOINTED SOE SUPERVISORXiao Yaqing was appointed head of the State-owned Assets Supervision and Administration Commission of the State Council(SASAC)on February 1.Before the appointment,he worked as deputy secr...NEWLY APPOINTED SOE SUPERVISORXiao Yaqing was appointed head of the State-owned Assets Supervision and Administration Commission of the State Council(SASAC)on February 1.Before the appointment,he worked as deputy secretary general of the State Council.展开更多
文摘China＇s supervisory mechanism is peculiar in that it integrated the supervisory board （SB） of the German corporate governance （CG） model in 1993, and has simultaneously adopted the audit committee （AC） of the Anglo-American model since 2002. This paper aims to reveal the effectiveness of SBs in coordination with ACs in China. The regulations for Anglo-American and Chinese systems are compared and further evidence is provided through interviewing two governors of all listed companies in the SSE and of 79 investment corporations in Hangzhou. Both statements indicate that China still faces difficulties and problems in meeting the two indexes of independence and expertise of supervision to give effective supervisory functions. Both opinions differed in terms of the co-ordination of SBs and ACs in the future. The evidence presented forms a basis for proposals of how key characteristics of effectiveness and co-ordination can be improved to make supervisory functions in China more effective.
文摘The task of standardization includes the formulation, organization, and supervision of standards, as well as the implementation of those standards. This paper outlines how standardization was illustrated, analyzed, and brought forward developmentally, while emphasizing implementation and supervision in accordance with the target and scope of the Expo 2010 Shanghai China Informatization.
文摘In order to address the plight of rural financing, the 2007 China Banking Regulatory Commission, China＇s State Council started rural banks in provinces, towns and villages. There are so many problems faced by rural banks. The most pressing issue is the sustainability of targeting deviate due to restraints, shortage of funds, and loan risks. In order to effectively address these issues, this paper presents some solutions
文摘NEWLY APPOINTED SOE SUPERVISORXiao Yaqing was appointed head of the State-owned Assets Supervision and Administration Commission of the State Council(SASAC)on February 1.Before the appointment,he worked as deputy secretary general of the State Council.
