With its dual listings on the Hong Kong stock market and New York Stock Exchange, state-owned enterprise, China Netcom was mandated to satisfy with the listing needs of these interchange. From this introductory step, China Netcom's Chairman, Zhang Chunjiang, began a program that sought to further develop the company's corporate governance practices to fulfill international corporate governance standards.
The firm expected that its commitment in developing an internationally-accepted governance structure would help the capital markets and potential investors understand the company was a true, modern corporation, even with the state as a majority owner.
PUBLICATION DATE: December 10, 2007 PRODUCT #: 309C03-PDF-CHI
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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