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Atricle Dump - Corporate Governance for Foreign Investors in China
As I was preparing for a presentation recently, I was trying to figure out why small businesses have trouble marketing themselves consistently. If we know we need to be marketing, why don’t we just do it? Is it for a lack of planning or that we’re just not sure what to do or where to start?Yes, maybe. But in trying to figure out what those hurdles are that keep us from marketing consistently; I came up with two hurdles that I think might be as big as any other for most. Like a lot of things
Membership: In an Equity Joint Venture (EJV), board membership must be proportionate to capital contributions. The board must have a Chairman, but need n
"You want to do what?"Uh-oh. Getting some signs that your husband may not be thrilled with your decision to work fewer hours?If you're married, your decision to change to less than full-time work is not an independent one. As with your boss, there's some convincing to do.But at home, unlike at work, you have the advantage of intimacy and discussion over time.Let your husband express personal opinions, concerns, and ideas about your plan. This communication process can he
Powers: The Chairman, as the legal representative of the enterprise, has the power to legally bind the enterprise and bears significant responsibility for its acts and omissions. Most of the powers and functions of the board are set forth in the Articles of Association and in the Joint Venture Contract.
Number of Directors: The board of directors of both Wholly Foreign Owned Enterprises (WFOEs) and Joint Ventures are required to appoint between 3 and 13 directors. FIEs with few shareholders may be able to convince the examination and approval authority to dispense with the board of directors and use an executive director.
Membership: In an Equity Joint Venture (EJV), board membership must be proportionate to capital contributions. The board must have a Chairman, but need no
It seems as if everybody else is doing it – shopping online, that is. There’s the co-worker who bought all their Christmas gifts online without ever setting foot in the crowded local mall. Or the friend who won a bundle of like-new, brand-name baby clothes on eBay. Or your son’s college roommate, who paid hundreds of dollars less than your son did for his college textbooks, simply because he ordered them online rather than from the University bookstore.If you've been meaning to
Powers: The Chairman, as the legal representative of the enterprise, has the power to legally bind the enterprise and bears significant responsibility for its acts and omissions. Most of the powers and functions of the board are set forth in the Articles of Association and in the Joint Venture Contract.
Number of Directors: The board of directors of both Wholly Foreign Owned Enterprises (WFOEs) and Joint Ventures are required to appoint between 3 and 13 directors. FIEs with few shareholders may be able to convince the examination and approval authority to dispense with the board of directors and use an executive director.
Membership: In an Equity Joint Venture (EJV), board membership must be proportionate to capital contributions. The board must have a Chairman, but need n
In a recent article, I shared five of my top 10 favorite tricks for promoting your business without spending much (or any) money. Several readers wrote and said they enjoyed the first five tips, so I’m hoping the next five will be just as helpful.There’s nothing like getting valuable exposure and new clients for your business without spending a dime (or perhaps spending just a few). Here are five more of my favorite tips for doing just that.1. Submit an article to a business magazine
Number of Directors: The board of directors of both Wholly Foreign Owned Enterprises (WFOEs) and Joint Ventures are required to appoint between 3 and 13 directors. FIEs with few shareholders may be able to convince the examination and approval authority to dispense with the board of directors and use an executive director.
Membership: In an Equity Joint Venture (EJV), board membership must be proportionate to capital contributions. The board must have a Chairman, but need n
Okay so you have already graduated. You have passed your finals, breezed through all your classes and finished your thesis. Now what?Welcome to the real world.Now everything becomes even harder. With thousands of students graduating every year, it can be extremely hard to find a good job. It takes a combination of good grades, excellent credentials and job hunting skills to land a job that others will envy!Below are just some of the frequently asked questions about job hunting.
Membership: In an Equity Joint Venture (EJV), board membership must be proportionate to capital contributions. The board must have a Chairman, but need n
So, here we are in 2006 and you may still be trying to figure out what to do with the rest of your life. If self-employment has been a long-time dream, you might wonder "How does one get there and minimize risk?" Or if you are tired of the corporate life and want to control your own destiny, you may wonder "Can I break free from the corporate cult?"The answer to minimizing your risk, controlling your destiny and uncapping your earnings potential could be through a franchise business. Fran
Membership: In an Equity Joint Venture (EJV), board membership must be proportionate to capital contributions. The board must have a Chairman, but need not have a Vice Chairman. If both are used, however, then if the foreign investor selects the Chairman, the Chinese party must select the Vice Chairman, and vice versa.
Meetings: Joint venture board meetings must be held once a year, and a quorum is 2/3 of the directors. For Equity Joint Ventures, unanimous consent of the board is required for amendment of the Articles of Association, increase or reduction of the Registered Capital, merger or division, and termination and dissolution. The law is significantly more flexible for Wholly Foreign Owned Enterprises - board meetings and quorum requirements are governed by the WFOE’s Articles of Association.
Director & Officer Liability: Director and officer liability law and enforcement is not as well-developed as in many Western nations. Correspondingly, the market for dire
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