China Oilfield fight highlights questions about governance

Article Abstract:

China Oilfield Services is asking its investors to approve a plan to place 40% of its revenue with Cnooc Finance Ltd., a company that is owned by its parent company. Many investors and corporate-governance advocates perceive the plan as bad one because it would place such a significant amount of the company's profits in the control of one of its main shareholders.

Product standards, safety, & recalls, Financial management, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Hong Kong, Crude Petroleum & Natural Gas, Natural gas liquids, Petroleum refining, Parent-to-subsidiary activities, Subsidiary-to-parent activities, Oil & Gas Extraction, Oil and Gas Extraction, Oil and Gas Field Services, Standards, Finance, Corporate governance, Gas industry, Investor relations, Corporate finance, Petroleum services industry, Company financing, China National Offshore Oil Corp., Petroleum and gas industry software, Subsidiaries, divisions and units, China Oilfield Services

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Maverick plays key role in new bank post

Article Abstract:

Chinese Premier Wen Jiabao's appointment of long-time central bank executive and noted economist Xie Ping to become manager of government investments at two of China's top commercial lenders, is discussed. The government's efforts to shore up the country's troubled banking sector are also examined.

Government expenditures, Management dynamics, Executive changes & profiles, Personnel administration, Management, Officials and employees, Human resource management, Political aspects, Appointments, resignations and dismissals, Beliefs, opinions and attitudes, Company business management, Company personnel management, Government finance, Wen Jiabao, China. People's Bank of China, Xie Ping

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China Construction Bank IPO contends with leery investors

Article Abstract:

China Construction Bank of China is about to launch one of the biggest initial public offerings. Strategic investors have committed $15 billion to the banking venture.

Company Profile, China Construction Bank Corp.

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