Reuter report says, american police is right Beijing east CEO Liu Jiang east case launch investigation, make its share price drops greatly, this case exposed his the ironhanded control to managing a layer and the risk that lack other leader to challenge its. Its are in the United States last week city bright Niabolisi is arrested, be released below the case that did not prosecute next. Pass his lawyer, he is denied have any misfeasance. Although well-known, strong like Liu east the person that such doing poineering work has tremendous control right to his enterprise, but leader of industry of science and technology often is all-round, this aggravate administer a risk.
Liu Jiang east to Beijing the control east counterpoises especially surprising, because the regulation of the company makes a board of directors almost impossible below present without him condition,make a decision. The Si Luobin of president Zhan Mu that APCO Worldwide of public concern company is stationed in Shanghai inferiors (James Robinson) expresses: "System of company social estate should be gotten high much, the apiration of employee challenge boss wants low much, the collective leader force that manages a layer around Chinese God class is gotten less also much. " abdicate complement says Robin, when information first time comes out, aggravate of this kind of circumstance the crisis and confused feeling. The communication group east represents capital, police " decide quickly " in the light of Liu Jiang the accusation east does not have substantial content, although investigate still afoot, spent nearly two days of time to admit Liu Jiang east was detained by police overnight. He says: "If your high-level director is shut in the jail of the Minnesota, that may be the issue that lacks decision-making authority. That may be the issue that lacks decision-making authority..
Last week 5 later on, liu strong Dong Zaiming Niabolisi is arrested, was detained by police be released after 16 many hours. Had not decided recognizance at present, police still is in investigation. His lawyer expresses, they predict won't to lodge a complaint. According to the law of the Minnesota, if be sentenced to make one class sex violate a crime, highest penalty is 30 years, lowermost penalty is 12 years. In two days after arresting incident happening, beijing the market prise loss east 7.2 billion dollar, 16% what be equivalent to its market prise. Another reason is people concern this case can let consumer be far from its website.
Liu Jiang east hold Beijing east the share of 16% . But his influence is added to counterpoise voting authority magnified, this let him acquire a company the voting authority of nearly 80% , still a clause prohibits the board of directors makes the decision that has sanction, unless Liu is strong east attend personally, perhaps attend through telephone conference. If he is not attendant, the decision is made when the board of directors can fall in his license only or he falls ill. This clause eliminated clearly to be in " any imprisonment that violate its apiration " during the possibility that allows such doing, make clear him to be able to retain the control to the company in the jail even.
Secretary-general of association of Asian company processing outstanding rice Allan (Jamie Allen) expresses: "We do not want to go out to still which company has such precedent. I feel very bemused. Liu Jiang east had had increase advantageous position voting authority, so he can control a company, he is father. I think to do not have him, the any person in the board of directors dare not make a decision, so why does he want such doing? The directorate member east does not have Beijing reply buy reviews a request. This company rejects to be administered with respect to concerned company and be opposite Liu Jiang east the problem buy of the initial response that be arrested is judged.
So, beijing who are 2 characters east?
The other criticism personage of this company points out, if Liu is strong east cannot continue to head a firm, in the difficulty of assistant respect existence that decides he is the most powerful. "You see Liu Jiang only in the company the footmark east. Is this why can you pay close attention to senior management group -- who is 2 characters? Go up when author of company of APS asset management holds of great capacity of yellow nation of presiding investment officer concurrently to was held in Hong Kong this year in May to developing foundation to discuss put forward make empty capital the reason east. Hold the position of Beijing since 2011 east since the Shen Haoyu of presiding operation official left his post 2016, beijing the presiding operation official east one post is vacant all the time. After this, he left a company, moved tall Ling capital.
Florida city establishs the company that runs committee to administer manager Yagebuweilianmusi to express, liu Jiang east the strict control to the company is meant, once appear problem, the risk that outside investor faces will be bigger. He expresses: "This set restriction to the choice of a few partner really. " he says, increased for instance dismiss CEO or change the difficulty of trustee. Williams Mu expresses, unless have bigger capital east partner is participated in come in, otherwise the circumstance can be changed scarcely. "The opinion affirmation that listens to partner is helpful to the company. Want to transmit this one information, of need is the participation of a few partner not just.
In Beijing east the fund of most share includes hold Dodge&The vanward fund such as fund of index of share of rising market of fund of Cox international stock and Vanguard. The delegate of two companies all refuses with respect to Liu Jiang east be arrested or the equity structure buy east judges Beijing.
