The best and worst bosses of Chinese public companies( private companies)

The best and worst bosses of Chinese public companies( private companies)
Jul 10, 2007 01:33
ZOEY Points: Join Date: Nov 29, 2004 Status: offline	On July fourth, Forbes published a ranking of the best and worst bosses of Chinese public companies. The No.1 boss of the rankings of the best bosses is Dong Zengping, who is the boss of Sie Yuan Electric Company. The issue price of its shares is 16.45 RMB. At present, it has increased to 62.5 RMB. On contrary, Liu Zhanjun, the boss of Neptunus isNo.1 of the ranking of the worst boss. The issue price of was 5.36 RMB. Now it is 6.94 RMB. The boss of TCL is also included in the worst bosses. Compared with the best bosses, those worst bosses earn a lot. It is too strange. Meanwhile, the No.1 worst boss is also the boss who ean the most. Another phenomenon is that those companies whose profits are not very high changes their genreal managers frequently. The criterion is simple, that is how much benefits you have made for the company and how much you earn from your company. How do you think of the rankings? From the rankings, can you find some problems existing in the private companies?

Jul 10, 2007 01:33

ZOEY
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Join Date: Nov 29, 2004
Status: offline

On July fourth, Forbes published a ranking of the best and worst bosses of Chinese public companies.

The No.1 boss of the rankings of the best bosses is Dong Zengping, who is the boss of Sie Yuan Electric Company. The issue price of its shares is 16.45 RMB. At present, it has increased to 62.5 RMB. On contrary, Liu Zhanjun, the boss of Neptunus isNo.1 of the ranking of the worst boss. The issue price of was 5.36 RMB. Now it is 6.94 RMB. The boss of TCL is also included in the worst bosses. Compared with the best bosses, those worst bosses earn a lot. It is too strange. Meanwhile, the No.1 worst boss is also the boss who ean the most. Another phenomenon is that those companies whose profits are not very high changes their genreal managers frequently.

The criterion is simple, that is how much benefits you have made for the company and how much you earn from your company.

How do you think of the rankings? From the rankings, can you find some problems existing in the private companies?

Jul 10, 2007 03:29	#1
KATRINA Points: Join Date: Nov 29, 2004 Status: Offline	A good boss does not mean he/ she has earned a lot of money. Whether he/she is a good or bad boss depends on how much contribution he/she has made for the community and society. you are a good or bad person has nothing to do with your wealth. Although you may have a lot of money, but you obtain it through shady means or you never care for your employees' benefits, you are still a bad person.

Jul 18, 2007 00:42

APAULT
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Join Date: Mar 11, 2006
Status: Offline

The share price is not a good measure of a good boss as many people are buying shares rather recklessly. There are many financial measures which are more useful for this.

While I agree with Katrina's sentiments, I have to say that is not how busineses are measured. Business is only interested in short term profits, at most 3 years ahead and minimal concern for the environment or the good of the community. Governments, especially socialist ones, should set regulations to ensure the full range of objectives are achieved. In fact isn't this part of the concepts of the 'harmonious society' and 'scientific approach to economic development' that the government has set as policy? Unfortunately, implementing thesw policies is just a bit harder!

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