scholarly journals Fighting For Control Power Of GOME Inc.: A Case Study

2011 ◽  
Vol 7 (6) ◽  
pp. 23-38
Author(s):  
Yinfang Huang ◽  
Chia-Hsing Huang ◽  
Xueqi Li

At 2:30pm, September 28, 2010, a special shareholder meeting for GOME is called by the largest shareholder of GOME, Guangyu Huang, to be held on the first floor of Regal Hotels, 88 Yee Wo Street, Causeway Bay, Hong Kong. GOME Electrical Appliances is one of the largest electrical appliance retailers in Mainland China and Hong Kong. Huang Guangyu, the founder and largest shareholder of GOME, is currently in jail. The purpose of this meeting is to vote on the eight items on the agenda, including deposing the professional manager, Xiao Chen, from the CEO position of GOME. Should the investors support the largest shareholder or the professional manager? It may be the toughest problem GOME has faced in its history. It seems that no matter who wins, the result may not be good news to GOME and its investors. This case is about corporate governance and agency problems and is appropriate for undergraduate and graduate courses in Investment, Corporate Finance and Financial Markets.

Modern China ◽  
2017 ◽  
Vol 43 (5) ◽  
pp. 523-556 ◽  
Author(s):  
Brian C. H. Fong

According to the Sino-British Joint Declaration and Basic Law, Hong Kong was to exercise a high degree of autonomy under the framework of “one country, two systems” after the British handover of its sovereignty to China in 1997. In the initial post-handover period, Beijing adopted a policy of nonintervention in Hong Kong, but the outbreak of the July 1, 2003 protest triggered a subsequent change of policy. Since then, Beijing has embarked on state-building nationalism, adopting incorporation strategies so as to subject Hong Kong to greater central control over the political, economic, and ideological arenas. Ironically, instead of successfully assimilating Hongkongese into one Chinese nation, Beijing’s incorporation strategies are leading to a rise of peripheral nationalism in the city-state and waves of counter-mobilization. This article analyzes mainland–Hong Kong relations on the eve of the twentieth anniversary of the handover and offers insights from an emerging case study that builds upon the nationalism literature.


Author(s):  
Adams B. Bodomo

In this chapter I look closely at one type of Computer-Mediated Communication (CMC), Microsoft Network (MSN) instant messaging. MSN instant communication is quite popular among the youth in most parts of the world. In Hong Kong, it has fast replaced I-seek-you (ICQ) and QQ (in mainland China) as one of the primary instant communication tools among the youth. In this chapter I will be looking particularly at the linguistic features of this kind of communication. More specifically, Hong Kong being a trilingual and biliterate society, one would want to see how participants juggle these languages within the medium of the MSN instant messaging and what linguistic features are thus produced. As is usual with most chapters our observations are based on a case study. So first I present this study in the next section. A distinctive feature of this chapter from some others is that I present and describe a comprehensive corpus as an example of an actual CMC exchanges. This will give us insights into the actual communication sessions of young people who use MSN in Hong Kong.


Author(s):  
Arner Douglas W ◽  
Hsu Berry FC ◽  
Goo Say H ◽  
Johnstone Syren ◽  
Lejot Paul ◽  
...  

This chapter focuses on the financial markets and related legal and institutional frameworks in mainland China, in the context of China’s liberalization commitments under the World Trade Organization (WTO) and the Closer Economic Partnership Arrangement (CEPA). Today, Hong Kong and its financial markets perform a number of roles in respect to China. As part of the People’s Republic of China, Hong Kong increasingly must deal directly with resulting issues and questions, both as a result of the increasing use by mainland companies of Hong Kong’s financial markets (e.g. listing on the stock exchange) as well as supporting business in China. At the same time, the resulting interconnection between the two economies and financial systems brings challenges for Hong Kong. This is especially true of questions relating to mainland companies raising money in Hong Kong and resulting issues of disclosure, corporate governance, and related enforcement problems.


2021 ◽  
pp. 2150004
Author(s):  
Vitrierat Sophia Ng

This study focuses on increasing support for radical means among the Hong Kong youth. Previous studies have suggested the incompatibility between two components of a dual identity as a cause of radicalization, yet few have explored the mechanics of this process in detail. This study employs qualitative methods to investigate how the growing incompatibility between the identity of Hong Kong citizens as Hongkongers and as Chinese may contribute to radicalization among tertiary students. This study first conducted quantitative analyses to confirm the positive relationship between identity incompatibility and support for radical means. Past research has argued that nested identities should not be perceived as mutually exclusive. However, qualitative interviews revealed that some respondents did perceive the two identities in zero-sum terms and saw mainland China as a “cultural other.” Our study distinguished these two types of identity incompatibilities as either an “ambiguous incompatibility” or a “manifest incompatibility.” We propose that a “manifest incompatibility” has contributed to radicalization through three pathways: (1) pathways defined by the need for an identity, (2) emotional pathways, and (3) ideological pathways. Support for radical means is likely driven by a variety of factors that include perceived threats to a local identity, the negative emotions that accompany identity incompatibility, and the adoption of a new ideology that involves the rejection of previously accepted moral principles. By illuminating the possible mechanisms that explain how identity incompatibility may lead to a rise in support for the use of radical means, this study not only contributes to the theoretical discussion on radicalization but also sheds light on the widespread participation in recent protests in Hong Kong.


Author(s):  
Arner Douglas W ◽  
Hsu Berry ◽  
Goo Say H ◽  
Johnstone Syren ◽  
Lejot Paul ◽  
...  

This new edition provides a guide to the main areas of financial regulation and financial law in Hong Kong. Given the massive changes in financial regulation globally as a result of the 2008 global financial crisis and post-crisis international regulatory reforms, this book addresses these changes in Hong Kong markets and their legal and regulatory frameworks, as well as the implications of these changes to future market development. The book is in five parts. The first part considers the evolution of Hong Kong’s role as a financial centre and the development of its financial regulatory structure, one that is perhaps unusually complex given the size of the jurisdiction. The second part discusses the regulation of the banking, securities, and insurance sectors, including the regulatory powers of the Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission of Hong Kong (SFC), the Office of the Commissioner of Insurance (OCI), and the forthcoming independent Insurance Authority (IA). The third part covers regulation of financial products and services, including securities offerings and listings, investment products and asset management, financial derivatives, and takeovers and mergers. The fourth part addresses market conduct and misconduct, including corporate governance, market abuse, and financial crime. Finally, the fifth part examines the international context, focusing on the relationship between Hong Kong’s financial markets and regulation and mainland China as well as key issues for Hong Kong’s role as a major global financial centre.


2001 ◽  
Vol 6 (1) ◽  
pp. 15-31 ◽  
Author(s):  
Charlie Q L Xue ◽  
Kevin K Manuel ◽  
Rex H Y Chung
Keyword(s):  

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