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Supplement
| HBS Case Collection
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2008
(Revised from original 2008 version)
China Netcom: Corporate Governance in China (B)
by
Regina M. Abrami, William C. Kirby, F. Warren McFarlan and Tracy Yuen Manty
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Abstract
Supplements the A case [308027]. With its dual listings on the Hong Kong stock market and New York stock Exchange, state-owned enterprise, China Netcom was mandated to meet the listing requirements of these exchanges. From this initial step, China Netcom's Chairman, Zhang Chunjiang, began a program that sought to further develop the company's corporate governance practices to meet international corporate governance standards. The company hoped that its commitment in developing a globally-accepted governance structure would help the capital markets and potential investors understand that the company was true, modern corporation, even with the state as a majority owner.
Keywords: Management Teams;
Corporate Governance;
State Ownership;
Standards;
Globalized Markets and Industries;
Telecommunications Industry;
China;