Sinopec Corporation of China - Setting Standards in Corporate Governance
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(Case Code: CGOV003) click on the button below, and select the case from the list of available cases:
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Please note:
This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
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Case Details: |
Price: |
| Case Code |
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CGOV003 |
For delivery in electronic format: Rs. 300;
For delivery through courier (within India): Rs. 300 +Shipping & Handling Charges extraThemes
Coporate Governance |
| Case Length |
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20 Pages |
| Period |
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2002 - 2003 |
| Pub Date |
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2005 |
| Teaching Note |
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Not Available |
| Organization |
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Sinopec
Corporation |
| Industry |
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Petroleum &
Chemical |
| Countries
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China |
Abstract:
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This case discusses the corporate governance practices of Sinopec Corporation,
the largest petrochemical company in China. Sinopec had won several global
awards and recognition for its sound corporate governance practices.
The case describes in detail Sinopec's corporate structure that centralized
decision-making and delegated authority to various management levels. It also
explains how the structure promoted corporate fairness, transparency, and
accountability. The case also examines other issues in corporate governance
including executive compensation plans, shareholders' general meeting and board
meeting, and describes their powers, functions and responsibilities.
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The case also describes the roles and
responsibilities of the chairman of the board of directors, the
chairman of the supervisory committee, and the independent
directors.
Issues:
» Examine the best corporate governance practices followed by leading companies
like Sinopec
Contents:
Keywords:
corporate governance, Sinopec Corporation, petrochemical,
China, Sinopec, global awards, recognition, corporate structure, centralized,
decision-making, delegated authority, various management levels, promoted
corporate fairness, transparency, accountability, executive compensation plans,
shareholders' general meeting, board meeting, powers, functions,
responsibilities, roles, responsibilities, chairman, board of directors,
supervisory committee, independent directors
Winning Laurels in Corporate Governance - Next Page>>
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