March 2020 – US Business Here
Friday, October 23

Month: March 2020

Analysis of structure organization of Sinohydro Corporation Group–5

Analysis of structure organization of Sinohydro Corporation Group–5

4.3 Reduce management layers through establishing function platform and promote headquarter support system For now, the engineering bureaus apply the three layers organization management system which is from engineering bureaus to branch bureaus to projects. This model has following problems: Project authority function personnel occupies a large share of project managing staffs. Many talents are wasted in the authority function. With the increase of projects in charged by branch unit, there is a short of managers allocating to each project. It will affect the branch bureau to enlarge its managing scale and at the same time lower the quality of the project management.There is a large difference in regard to operation in different project management. For example in the aspect of purch...
Analysis of structure organization of Sinohydro Corporation Group–4

Analysis of structure organization of Sinohydro Corporation Group–4

4. Improvement suggestions to the organization structure of Sinohydro Corporation Group  The flatization of organizational structure thinks that through reduce middle layer, decentralized control, flexible order, enlarge the span of managerial responsibility to achieve flatization of the organization structure. The flatization of organizational structure can reduce the distortion of message flow from subordinates to higher level management, reduce the distortion of message within market and customers, it will help the manager to manage the market more accurately and capture the changes in the market more efficiently. The subordinates will be more easily to understand the decision making intention. The organization will be more flexible and creative in which way to improve the effi...
Analysis of structure organization of Sinohydro Corporation Group–3

Analysis of structure organization of Sinohydro Corporation Group–3

The problems in the organization structure of the company Under the planning economy system, and the fact that the corporation was established with many administration interventions, compared to other excellent construction company, the Sinohydro Corporation Group has a lot of problems. The organization structure of the company remains on a relative level which could not support the formal modern enterprise system. The problems are as follows 3.1 Business similarities of various engineering bureau The corporation group has 17 wholly owned subsidiary companies and 8 holding companies. But he company was established the administration department. It lack of the process of evolve development in the market environment. The member of the enterprise does the work in their own ways. The...
Analysis of structure organization of Sinohydro Corporation Group–2

Analysis of structure organization of Sinohydro Corporation Group–2

Features of structure organization of Sinohydro Corporation Group 2.1 Line Functions of organization management Sinohydro Corporation Group focus on one industry. Most of business is in the mainland. It adopts the line functions of organization management under the long term planned economy model. The line functions of organization management is based the line system. Under the leadership of executives, the corresponding function is established. It is a kind of programmed, programmatic, highly centralized, pyramidal organization structure. It emphasize division meticulous, well regulation as well as strict control. In the current situation of economic globalization and fast changing external environment, the line functions of organization management is no longer proper for larger c...
Analysis of structure organization of Sinohydro Corporation Group–1

Analysis of structure organization of Sinohydro Corporation Group–1

Many researchers argued that corporate governance plays an important role in controlling the firm’s operations (Fama, 1980; Fama & Jensen 1983). This thesis will study the corporate governance of Sinohydro Corporation Group organization structure of it under nowadays context. It will not only study the organization structure but also the property relations, leadership system as well as corporate governance structure.   Sinohydro Corporation Group is a state-owned firms directly under State-owned Assets Supervision and Administration Commission. It occupies a leading position in the the hydropower construction market in China. However, due to social and historical reasons, many problems exist  in the group. It did not reflect its due overall strength in the competiti...
Agency theory

Agency theory

In the past decades, the primary problem of corporate governance has aroused lots of discussion among scholars in economy, management and other fields. The mainstream agency theory deems that the manager will assume opportunism behaviors once there is an opportunity to maximize his or her own interest at the cost of injuring the interest of shareholders. Therefore the corporate governance mainly focus on the control and solve the tendency of opportunism behaviors by mangers. We can’t deny the governance problem is a agency problem. Because the agency problem is a corporate governance problem. However the corporate governance problem is more broad. Recently the Stewardship Theory put forward a totally different theory that the manager is not simply a self-interest party but a reliable and ...
what is the board?

what is the board?

 The board is consists of four executive directors and three independent non-executive directors. The G20/OECD Principles of Corporate Governance(2015) point out that “The board is chiefly responsible for monitoring managerial performance and achieving an adequate return for shareholders, while preventing conflicts of interest and balancing competing demands on the corporation.”( The management level is consists of the three senior staff. The board of directors should be separated from the senior staff members who are the senior management of the company. The board of directors should be able to perform its judgment independently.   A chairman of the board of directors should be elected to effectively organize and execute the function of the board. The chaiman of the bo...
Corporate Governance

Corporate Governance

On the surface, there is no big difference of the code of corporate governance raised by Chinese securities regulator and securities regulator of other countries. This may indicate that the Chinese listing companies and corporate governance system of security companies are almost as same as the one in mature market economy. However, Clarke(2003)thinks that fundamental contradiction of state owned enterprise comes from the requirement that certain industry need to be remain state-controlled. On one hand, the country hopes the state owned company could operate effectively, while the maximum of vale is not the only objective of state owned company otherwise it will not remain state controlled. Claessns&Fan also point out that when state become the controlling shareholder, the objective o...
Hong Kong Broadband Network

Hong Kong Broadband Network

 Hong Kong Broadband Network is the service provider for high speed home use broadband. It has been providing diversity and high quality service for residential and enterprise market, including broadband, Wi-Fi, voice communication, entertaining service and other series of advancing business solutions. For the past years, Hong Kong Broadband Network have invested more than 4.1 billion Hong Kong dollar to build one of the fibre optic networks that cover the largest area in Hong Kong. In 2014, Hong Kong Broadband Network successfully built the largest Ethernet network world wide. Hong Kong Broadband Network became the first broadband internet service provider which can provide 1000M internet speed for residential place in 2015. In 2013, Hong Kong Broadband Network acquired the Y5ZONE. Aft...

Hello world!

Welcome to WordPress. This is your first post. Edit or delete it, then start writing!