免费日韩片_欧美成人精品一区二区男人小说_国产乱码一区二区三区四区_国产精品国产三级国产aⅴ入口_成人看的污污超级黄网站免费_欧美一级在线免费观看_成人午夜免费无码福利片_国产乱人伦偷精品视频色欲_aaa少妇高潮大片免费看_国产精品1234_亚洲精品国产suv一区88_中文字字幕在线中文无码_精品亚洲区_午夜九九九_国产av国片精品jk制服丝袜_色综合亚洲_亚洲成av人片无码bt种子下载_欧美色就色_精品少妇的一区二区三区四区_男人用嘴添女人下身免费视频

By Guo Wei and Zhang Wenkui, DRC

2016-12-12

As a typical state-owned enterprise, Singapore Airlines is the only airline company among Fortune’s top 50 companies held in esteem all over the globe. Its success is linked with the special share ownership design, scientific corporate governance and a harmonious government-enterprise relationship. First, with regard to the brief history and the present performance of Singapore Airlines, through development of over 40 years and taking Zhangyi Airport as the base, this company has been mainly operating international air routes. It has 102 passenger planes and has formed an air network covering 103 destinations in 39 countries and regions. The operation income of this company comprises of revenue from passenger traffic, freight traffic and other sources. Since its foundation, Singapore Airlines has never had any annual losses. Second, as for the company’s shareholding structure and corporate governance, Singapore Airlines has a highly concentrated shareholding structure, with government holding around 56% of shares and the top five permanent shareholders holding over 80% of shares. The company allows all employees to enjoy preferred stock option to ensure stability of the team. Independent directors, who are all business leaders from private enterprises, account for over 3/4 of total board members. Third, in terms of the government-enterprise relationship of Singapore Airlines, Temasek Holdings, on behalf of the government’s shareholdings, has increased value of state-owned assets by exercising shareholder’s rights. The Singaporean government has made very few comments on the company’s operation and hardly provided it with any subsidized support. Instead, the government has adopted an open attitude towards Singaporean airline industry and encourages fair market competition. Fourth, China could draw the following implications. 1. Making sustained innovation is the key to propel Singapore Airlines to gain success. 2. Regulated corporate governance structure is conducive to business further progress. 3. The “Temasek Model” needs to be judged in a sensible and objective manner.

For more detailed information, please refer to here.