Case ID: 701040     Solution ID: 28041

PetroChina Case Solution

Abstract

In March 2000, plans for the first sale of stock of shares in PetroChina were continuing on calendar, and institutional speculators were assessing the arrangement. PetroChina was China's biggest oil and gas organization and an alluring play on China's proceeded with financial development. The fast approaching posting on the Hong Kong and New York stock trades was intended to raise income and produce discipline for the firm. Revelation arrangements and another administration remuneration framework with administration prizes in light of stock costs proposed an attention on financial specialist intrigues. In the meantime, the AFL-CIO attracted consideration both to corporate administration worries with PetroChina and to human and work rights issues connected to PetroChina's guardian organization. Was PetroChina a venture to evade or a danger worth taking? Likewise brings up more extensive issues about the parts of the state and the private entities.


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