With its dual listing on the Hong Kong Stock Exchange and the New York Stock Exchange, the state-owned enterprises, China Netcom was given the responsibility of listing requirements of the Exchange Act. From this first step, the chairman of China Netcom, Zhang Chunjiang, the program began, which sought to develop the company's corporate governance practices in line with international standards of corporate governance. The company believes that its commitment to the development of globally accepted management structure will help the capital markets and potential investors understand that the company was present, the modern corporation, even with the government as the majority shareholder. "Hide
by Regina Abrami, William C. Kirby, F. Warren McFarlan, Ning Xiangdong, Tracy Yuen Manty Source: Harvard Business School 31 pages. Publication Date: December 10, 2007. Prod. #: 308027-PDF-ENG
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