日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

Home / English Column / Business (new) / More News Tools: Save | Print | E-mail | Most Read
SOE Chiefs Could Lose Their Jobs
Adjust font size:

The chiefs of six central state-owned enterprises (SOEs) may lose their jobs as a result of poor management after an annual examination of the performance of central SOEs.

According to a statement from the State-owned Assets Supervision and Administration Commission (SASAC) yesterday, four central SOEs received D grades and two received E grades in the 2005 examination.

According to an earlier regulation on performance assessment, in addition to a cut in salary and bonuses, the chiefs of such enterprises may face dismissal or a change of job. However, none of the firms were identified.

The performance evaluation system, introduced by the SASAC in 2004, check annual profits, returns on equity and other major financial figures that reflect the performance of the central SOEs and then grades the enterprises on a scale from A to E.

The 2005 examination, in which 166 central SOEs participated, saw only 28 enterprises receive A grades and 84 receive Bs. Apart from their basic salary and a performance bonus worth 1.5 to 3 times their salary, their leaders will receive additional medium- and long-term incentives.

Those running enterprises graded D and E could lose their jobs after their bonus is reduced, based on the condition of the enterprise.

Four enterprises were downgraded because of safety or environmental pollution accidents, including China National Petroleum Corp and Sinohydro Corp. Six others, including China Guodian Corp and China Datang Corp, were downgraded as a result of irregular financial practices or negligence in supervision.

(China Daily August 23, 2006)

Tools: Save | Print | E-mail | Most Read

Related Stories
Powerful SOE Investment Expansion Curbed
SOEs Required to Concentrate on Core Business
State Enterprises Launch Public Recruitment
462 Firms Complete, Initiate Share Reform: SASAC
Official: Central SOEs Must Solve Four Problems
Central SOEs Undertake Split Equity Reform
?
SiteMap | About Us | RSS | Newsletter | Feedback
SEARCH THIS SITE
Copyright ? China.org.cn. All Rights Reserved ????E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP證 040089號
主站蜘蛛池模板: 宝兴县| 维西| 江源县| 塔河县| 健康| 长春市| 会昌县| 龙江县| 醴陵市| 高安市| 天峻县| 巍山| 怀柔区| 淮滨县| 读书| 龙口市| 和田市| 济南市| 澄城县| 塔城市| 漯河市| 交口县| 久治县| 丰都县| 河津市| 高唐县| 弋阳县| 南投县| 凉城县| 黑龙江省| 呼和浩特市| 巴塘县| 昂仁县| 剑川县| 曲麻莱县| 潜山县| 宜宾县| 安阳市| 东源县| 商丘市| 沙洋县|