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Most Foreign Invested Enterprises (FIEs) are governed by a board of directors and senior management. An exception exists for Cooperative Joint Ventures that the parties have chosen not to incorporate (these are governed by a management committee).

Powers: The Chairman, as the legal representative of the enterprise, has the energy to legally bind the enterprise and bears considerable duty for its acts and

omissions. Most of the powers and func...

Board of Directors

Most Foreign Invested Enterprises (FIEs) are governed by a board of directors and senior management. An exception exists for Cooperative Joint Ventures that the parties have chosen not to incorporate (these are governed by a management committee).

Powers: The Chairman, as the legal representative of the enterprise, has the power to legally bind the enterprise and bears significant duty for its acts and

omissions. Most of the powers and functions of the board are set forth in the Articles of Association and in the Joint Venture Contract.

Number of Directors: The board of directors of both Wholly Foreign Owned Enterprises (WFOEs) and Joint Ventures are necessary to appoint amongst three and 13 directors. FIEs with handful of shareholders might be capable to convince the examination and approval authority to dispense with the board of directors and use an executive director.

Membership: In an Equity Joint Venture (EJV), board membership should be proportionate to capital contributions. The board should have a Chairman, but want not have a Vice Chairman. If each are employed, however, then if the foreign investor selects the Chairman, the Chinese celebration should pick the Vice Chairman, and vice versa.

Meetings: Joint venture board meetings need to be held after a year, and a quorum is 2/three of the directors. For Equity Joint Ventures, unanimous consent of the board is essential for amendment of the Articles of Association, improve or reduction of the Registered Capital, merger or division, and termination and dissolution. The law is substantially more versatile for Wholly Foreign Owned Enterprises - board meetings and quorum needs are governed by the WFOEs Articles of Association.

Director & Officer Liability: Director and officer liability law and enforcement is not as nicely-created as in many Western nations. Correspondingly, the market for directors and officers liability insurance is not particularly well-created either. The Chairmans part as the enterprises legal representative encumbers him with both civil and criminal liability for the acts and/or omissions of the enterprise. Directors can be held liable for board resolutions that are illegal or that contravene the Articles of Association and cause losses to the firm. Directors, supervisors and senior management personnel can be held liable if they trigger losses to the enterprise by violating laws and/or the Articles of Association.

Management

Equity Joint Ventures have to appoint a Common Manager, 1 or more Deputy General Managers, and a Finance Manager. Despite the fact that not essential for other FIEs, this is common practice for these enterprises as well. If a Chinese investor nominates the General Manager of an EJV, a foreign investor may possibly nominate the Deputy Common Manager, and vice versa.

General Manager: The Basic Manager is charged with day-to-day operation and might be a foreign national if the enterprise so chooses. The responsibilities of the General Manager need to be listed in the Articles of Association even if Chinese law does not call for the appointment of a Common Manager (as in the case of WFOEs). The Common Manager is charged by law with duty for formulating a management system for the enterprise production, operations and management, employment and termination of staff (except those that should be employed and dismissed by the board of directors) and implementing board resolutions and investment and business plans.

Deputy Common Managers: A Foreign Invested Enterprise could appoint 1 or more Deputy General Managers (EJVs are necessary to appoint at least a single).

Finance Manager: An Equity Joint Venture is necessary to appoint 1 or more accountants to assist the General Manager with finances. This is also typical practice for other FIEs.

Supervisors

LLCs are needed to have supervisory boards, though this is typically ignored in practice by WFOEs and Joint Ventures. [ We're Listening To You]

qui passe aussi par une croissance interne

Dans son nouveau périmètre centré sur la location de véhicules industriels, Transauto-Stur affichera un chiffre d'affaires de 450 millions de francs pour 610 employés et 2.300 véhicules,louboutin soldes. De son côté,loubutin, Via Location a enregistré l'an dernier un chiffre d'affaires de 582 millions de francs avec 918 personnes et 3.150 véhicules. Pour le groupe,christian louboutin pas cher, qui est passé dans le giron d'Egnatia à la fin de 1999, cette opération de croissance externe s'inscrit dans une stratégie de développement sur le marché de la location de camions avec ou sans chauffeur, qui passe aussi par une croissance interne, avec une force commerciale multipliée par 3 au cours des huit derniers mois pour atteindre 35 personnes.

25 Janvier 2009 : je reviens fatigué d'une belle balade avec les copains franciliens,loubutin, j'ai le c. en compote, les lombaires qui crient grâce . sur la moto le ralenti qui tient plus et cette fuite d'eau qui me gonfle . Les rois d'Aragon, participant à la Reconquista, développèrent le royaume hors de son réduit pyrénéen pour le porter sur l'Èbre. Le roi Alphonse Ier le Batailleur conquit Saragosse qui devint la capitale du royaume,chaussures louboutin pas cher. L'Aragon atteignit alors ses frontières actuelles, qui sont celles de l'actuelle communauté d'Aragon.

que l se nourrira de chair animale, et martyrisera les animaux, restera en lui quelque chose de sauvage, aussi il ne conna ni la sant ni la paix. Je ne crois pas que la viande nous soit n je pense que la viande ne convient pas notre esp Nous faisons erreur en copiant le monde inf si nous lui sommes sup La seule fa de vivre consiste laisser vivre. Ils servent tout d soigner les animaux malades.

Longtemps relégué dans l'ombre (ou sous un massif de poils pubiens), l'anatomie intime des femmes fait maintenant l'objet d'angoisses en apparence ridicules : mon sexe est-il sortable ? Puis-je décemment me laisser lécher ? A l'ère de la pornographie, cela peut paraître absurde, mais en fait non… car à la différence des actrices de X qui possèdent souvent l certifié conforme aux normes du bon goût actuel, les femmes «normales» ont des vulves en désordre, dotées de nymphes pendantes qui partent un peu dans tous les sens. Ce qui n'est pas sans les horrifier. «Mon sexe est hideux», pensent-elles, comparant leur conformation anatomique intime à celle de ces pornstars dont la fente ne laisse rien dépasser… L'idéal actuel de la beauté vulvaire génère donc, par effet de conformisme ambiant, le désir éperdu d'avoir ce que certains chirurgiens appellent un minou fashionable… Il faut se le faire tailler, comme s'il s'agissait d'une coupe dans le vent… Pour Elisa Brune, auteure de La révolution du plaisir féminin, c'est probablement la faute à «la méconnaissance profonde qui règne sur l'anatomie féminine.» Dans l'histoire des représentations du nu, pratiquement aucun artiste n'a poussé le réalisme assez loin pour montrer les replis de chair qui bourgeonnent dans l'entre-cuisse féminine….