商务英语综合教程课件杜凤秋 ISBN9787810788113 PPT business organizationchap.5 company organization.pptVIP

Chapter 5 Company Organization The Chart of Company Organization shareholders’ general meeting ------the company’s authoritative organization; made up of all shareholders. shareholders’ general meeting exercises the following powers: (1) to decide on the companys operational policies and investment plans; (2) to elect and replace directors and decide on matters relating to the remuneration of directors; (3) to elect and replace the supervisors who are representatives of the shareholders and decide on matters relating to the remuneration of supervisors; (4) to examine and approve reports of the board of directors; (5) to examine and approve reports of the board of supervisors; (6) to examine and approve the companys proposed annual financial budget and final accounts; (7) to examine and approve the companys profit distribution plan and plan for recovery of losses; (8) to decide on increases in or reductions of the companys registered capital; (9) to decide on the issue of bonds by the company; (10) to decide on issue such as merger, division, dissolution and liquidation of the company and other matters; and (11) to amend the companys articles of association. The board of directors --- the governing authority for the corporation, elected by the shareholders’ general meeting. A limited liability company has a board of directors with 3 to 13 members. The chairman of the board of directors is the legal representative of the company. A limited liability company with a relatively small scale may have one executive director and no board of directors. The executive director is the representative of the company. PLC has a board of directors with 5 to19 members. The board of directors is responsible to the shareholders’ general meeting and exercises the following powers: 1. to be responsible for convening the shareholders’ general meeting and reporting on its work to the shareholders’ general meeting 2. to implement the resolutions of the shareholders’ general meeti