www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   

CHINA / National

SOEs urged to pay more attention to risk management
By Hu Yuanyuan (China Daily)
Updated: 2006-06-21 06:20

State-owned enterprises (SOEs) should set up a risk management commission to prevent losses and enhance their competitiveness, the State-owned Assets Supervision and Administration Commission (SASAC) urged in a guideline issued yesterday.

The guideline shed light on the overall principles, basic process and evaluation of risk management.

The guideline aims to avoid a recurrence of the China Aviation Oil Singapore Co (CAO) case, which forced the company to request bankruptcy protection in November last year after losing US$550 million in oil derivatives trading in 2004.

The CAO case is the largest scandal involving a Chinese State-owned company listed overseas.

Li Rongrong, SASAC minister, said at a work conference that the incident at CAO could have been avoided if there was a sound internal auditing and risk management system.

He pointed out that sound corporate governance and an effective restraint scheme constitute the two fundamentals of a solid risk-management system.

The collapse of CAO sparked widespread concern over the credibility of Chinese companies listed on the Singapore market, with mainland companies' shares experiencing massive losses there after the scandal came to light.

Since 2004, and especially after the CAO case, SASAC has been paying increased attention to risk management work in SOEs.

Li Rongrong invited Raymond Woo, a senior financial consultant who chairs business operations at Ernst & Young China, to give a lecture on risk management to SOE managers at the annual work conference.

Meanwhile, SASAC sent seven SOE board members to Hong Kong to receive training on risk management in 2005. And the ministry has organized eight seminars on the subject over the past two years.

However, an official with SASAC admitted that most SOEs were still in the early stages of establishing a risk management system, with the few that have floated their shares overseas the exception.

According to a source who participated in the guideline drafting, SASAC at one stage planned to ask all SOEs to designate a chief risk officer, but gave up the idea due to the big differences in SOEs' levels of internal management.

(China Daily 06/21/2006 page2)

 
 

主站蜘蛛池模板: 国产永久在线视频 | 亚洲欧美成人在线 | 日韩在线视精品在亚洲 | 国产在播放一区 | 亚洲人成在线播放网站 | 精品外国呦系列在线观看 | 欧美三级在线看 | 亚洲欧美日韩在线一区 | 俄罗斯特级毛片 | 亚洲综合成人网在线观看 | 成人在线视频免费看 | 亚洲精品久久99久久 | 久久久久久久久久久96av | 国产成人综合久久亚洲精品 | 国产精品久久久久久久网站 | 日本欧美一级二级三级不卡 | 国产视频久久久久 | 欧美日韩国产人成在线观看 | 国产永久高清免费动作片www | 免费逼片 | 午夜宅男宅女看在线观看 | 久草最新在线 | 久久国产精品-久久精品 | 亚洲免费色视频 | 日本一级在线播放线观看视频 | 玖草在线| 91视频综合网 | 国产91成人精品亚洲精品 | 在线亚洲综合 | 美女视频网站永久免费观看软件 | 国产只有精品 | 国产成a人亚洲精v品久久网 | 韩国欧洲一级毛片免费 | 女人张开腿男人捅 | 国产精品久久久久久久网站 | 亚洲高清色 | 国产成人免费高清激情视频 | 免费一级毛片麻豆精品 | 国产成人综合高清在线观看 | 99视频免费 | chinese性老妇中国 |