New Oriental Education & Technology Group Inc.

(Cayman Islands)(ADR)

New Oriental Education CEO

Chairman

Yu Minhong, or Michael Yu (Simplified Chinese: 俞敏洪; born 15 October 1962 in Jiangyin City, Jiangsu Province) is the founder and president of New Oriental Education & Technology Group Inc. (Simplified Chinese: 新东方教育科技集团), and a member of the central committee of China Democratic League.

VIE Structure

New Oriental Education VIE Structure

Corporate Governance

As a foreign private issuer (as defined in Rule 3b-4 under the Exchange Act), New Oriental is permitted to follow home country practices in lieu of some of the corporate governance practices required to be followed by U.S. companies listed on the New York Stock Exchange.
As a listed company in Cayman Islands, New Oriental is subject to the requirement under the Companies Law of the Cayman Islands.

Board of Directors

Michael Minhong Yu (Chairman)
Chenggang Zhou (CEO)
Zhihui Yang (CFO)
Louis T. Hsieh
Robin Yanhong Li (Independent)
Denny Lee (Independent)
John Zhuang Yang (Independent)

Audit Committee
Denny Lee (Independent) chairman
Robin Yanhong Li (Independent)
John Zhuang Yang (Independent)

Compensation Committee
Robin Yanhong Li (Independent) chairman
Denny Lee (Independent)
John Zhuang Yang (Independent)

Corporate Governance and Nominating Committee
John Zhuang Yang (Independent) chairman
Robin Yanhong Li (Independent)
Denny Lee (Independent)

Comments

Advanced Accounting Assignment Help

Advanced Accounting Assignment Help Objectives We offer advanced financial accounting assignment help for students all over the world. Leasing Foreign currency Employee-benefits Income tax deferred tax assets/liabilities Hedging & derivative Financial instruments Share-based payment Provisions, contingencies Related parties Associates / joint ventures / joint operations Consolidated financial statements goodwill intragroup transactions bonds NCI Changes in direct ownership SPV Special Purpose Vehicle Download Freedom Download Freedom US Securities Laws & SEC Regulations and Rules Download Freedom Business Law The Ethical Global and E Commerce 17 Textbook Solution Manuals Download Freedom Securities Regulation: Cases and Materials Download Freedom Examples & Explanations for Securities Regulation Download Freedom Examples and Explanations Corporations Download Freedom ACCA Download Freedom Advanced Accounting 12th Beams Textbook Solution Manuals(US ISBN-13: 978-0-13-34...

美國聯邦證券法律：簡介

美國規範證券市場的法規，除聯邦制定的相關規定外，還有各州訂定的證券法令。此外各證券交易所以及證券市場自律組織的規章，在法規領域亦具重大意義。立法背景美國聯邦政府於 1933 年前對證券市場的管理法規尚未完備，當時證券市場的管理主要受各州民、刑事法規及各證券交易所的自律規章所規範。此後於 1929 至 1933 年間，股價暴跌約 85% 以上。因股市崩盤過程中，諸多舞弊情事造成重大損失，引起投資大眾極度不安，因此要求控制證券市場的呼聲日起。為重建投資人對證券市場的信心，政府對證券市場的操縱活動進行全面的調查，並於 1933 年、 1934 年分別制定 “1933 年證券法 ” 及 ”1934 年證券交易法 ” 。制定該法目的為：第一，要求公開向大眾募資的公司，需向投資人真實反映其營業狀況、其股份出售的情形及投資風險；第二，公平對待每位股東，且以投資人的利益為首要考慮目標。聯邦證券法律 Securities Act of 1933 1933 年證券法 Securities Exchange Act of 1934 1934 年證券交易法 Trust Indenture Act of 1939 1939 年信託契約法 Investment Company Act of 1940 1940 年投資公司法 Investment Advisers Act of 1940 1940 年投資顧問法 Sarbanes-Oxley Act of 2002 薩班斯 · 奧克斯利法案 Dodd-Frank Wall Street Reform and ConsumerProtection Act of 2010 2010 年多德 - 弗蘭克華爾街改革和消費者保護法 Jumpstart Our Business Startups Act of 2012 2012 年 JOBS“ 約伯斯 ” 法案 Securities and Exchange Commission Rules and Regulations Part 200 Organization: Conduct and Ethics; and Information and R...

AU: Associates and joint ventures

Associates and Joint Ventures 1. What is an associate entity? Paragraph 3 of AASB 128/IAS 28 defines an associate as: • an entity over which the investor has significant influence. The key criterion is the existence of significant influence, also defined in para. 3 defined as: • The power to participate in the financial and operating policy decisions of the investee but is not control or joint control of those policies. Note that an investor does not have to necessarily hold shares in an associate – yet the application of the equity method depends on such a shareholding. However, refer to the presumptions in para 6 of AASB 128/IAS 28. 2. Why are associates distinguished from other investments held by the investor? The suite of accounting standards provides different levels of disclosure dependent on the relationship between the investor and the investee: • Subsidiaries: a control relationship (AASB 10). • Joint ventures: a joint control relationship (AASB 11). • Associates: a significa...

China Concepts Stocks

Search This Blog