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An independent Board Chair has been found in some academic studies to improve the performance of public companies. Separating the roles of Chair and CEO is the norm in Europe, and 51% of S&P 500 boards split the Chair and CEO roles. In an article in The Washington Post about Facebook’s corporate governance structure in 2017, SumOfUs argued that that an independent Chair of the Board would be better able to oversee the executives of the company, improve corporate governance and set a more accountable, pro-shareholder agenda. SumOfUs believes Amazon.com should also adopt these changes for a similar set of reasons.
An investor looks at share prices at a brokerage in Fuyang, Anhui province. [Photo by Wang Biao / For China Daily]
Among them: Eligible foreign students with academic backgrounds equal to or above the master’s degree level would be able to apply for a work permit or a work-related residence permit. The one-stop application and issuance of work permits for foreign experts will also be made available nationwide.
An employee works at a steel plant in Ma'anshan, Anhui province. [Photo by Zhang Mingwei / for China Daily]
An agreement signing ceremony also was held for cultural industry funds and projects in Shaanxi province and between countries involved in the Belt and Road Initiative.
