Resource Security And Governance

Corporate governance has become a household term and investors across the world are demanding more transparency and accountability from controllers of listed corporations. The current resources boom that has been driven by soaring demand from China has brought China’s listed resources companies into focus. Some of these companies are beginning to be known internationally, such as Sinopec, PetroChina, CNOOC (in the oil industry) and CHALCO (aluminium); but their governance structures are often not well known. This book explores the corporate governance of these listed companies. Compared with the governance of global companies, such as BHP Billiton, Rio Tinto, Shell, Shevron, the governance of China’s resources companies has special characteristics. While the authors focus is on the governance of resources companies in China, this book also tackles contemporary issues of resource security and environmental change which are closely related to the depletion of the world’s natural resources. Case studies of other international resources giants such as BHP Billiton, Rio Tinto, Shell and Chevron are provided to enhance our understanding of the differences that exist between them and Chinese resources companies. This book will be of interest to the business community and to those readers who are interested in China and its governance related issues.

China’s phenomenal economic growth in the past 30 years has witnessed the rise of its global natural resources companies. At the same time, the emerging of a middle class in China and their desire to improve living standards including better dwelling conditions, better health and nutrition, has driven strong demand in mineral resources, energy and quality food. The so called ‘socialist market economy’ in China has seen this growing demand being met partially by companies with ‘national significance’. In the resources sector, these companies are represented by companies listed in stock exchanges in China as well as globally such as in New York and London; at the same time, most of these companies are also controlled by the Chinese government. China’s resources companies have expanded overseas in search of new acquisition targets whilst seeking to extend their global reach with a focus on resource rich countries. The expansion of these companies internationally, and the unique ownership structure of these companies, has posed challenges for regulators, trading partners of these companies, investors and other interested parties seeking to understand how these companies are governed and the implications of government ownership for resource security globally. Resource Security and Governance: The Globalisation of China’s Natural Resources Companies contains case studies of the global expansion efforts of Chinese global natural resources companies; it reviews the governance structures of these companies and analyses how these have affected the inter-relationship between these companies and their trading partners, governments, regulators in targeted countries and investors globally. In addition, this book examines how the unique structure of these companies may affect resource security globally and touches on other related matters such as climate change, and air and water security in China.

China's phenomenal economic growth in the past 30 years has witnessed the rise of its global natural resources companies. At the same time, the emerging of a middle class in China and their desire to improve living standards including better dwelling conditions, better health and nutrition, has driven strong demand in mineral resources, energy and quality food. The so called 'socialist market economy' in China has seen this growing demand being met partially by companies with 'national significance'. In the resources sector, these companies are represented by companies listed in stock exchanges in China as well as globally such as in New York and London; at the same time, most of these companies are also controlled by the Chinese government. China's resources companies have expanded overseas in search of new acquisition targets whilst seeking to extend their global reach with a focus on resource rich countries. The expansion of these companies internationally, and the unique ownership structure of these companies, has posed challenges for regulators, trading partners of these companies, investors and other interested parties seeking to understand how these companies are governed and the implications of government ownership for resource security globally. Resource Security and Governance: The Globalisation of China's Natural Resources Companies contains case studies of the global expansion efforts of Chinese global natural resources companies; it reviews the governance structures of these companies and analyses how these have affected the inter-relationship between these companies and their trading partners, governments, regulators in targeted countries and investors globally. In addition, this book examines how the unique structure of these companies may affect resource security globally and touches on other related matters such as climate change, and air and water security in China.

Natural Resource Governance in Asia: From Collective Action to Resilience Thinking identifies key leverage points where interventions can be made surrounding current and future impacts of ongoing environmental and sociopolitical challenges. The book utilizes case studies from Asia, a key demographic for natural resource management, that can be applied globally in understanding solutions and the current state of knowledge in natural resource dynamics. Users will find valuable sections on community forestry and socioecological systems, community irrigation, competing water demand, robustness issues, climate change, and natural resource dynamics and challenges. This interdisciplinary tome on the topic is invaluable to researchers and policymakers alike. Combines collective action and resilience thinking to help readers understand complex issues and challenges in natural resource management Presents methods and case studies to validate theory in practice Includes up-to-date research applied to current issues to address both current and future risks and uncertainties

The Security Governance of Regional Organizations assesses the effectiveness of regional organizations as regional or global security providers, and examines how policy preferences, resources, capabilities, institutional mechanisms and economic and political cohesion link with collective action behaviour in four security policy functions. It investigates how regional organizations meet the new security threats or respond to strategic geopolitical changes and what adaptations they make in the process. Divided into three parts and using a common analytical framework, the book explains the changing security agenda in ten key regional organizations, each organizational chapter: identifies the nature of threats within the region examines the historical development and the degree of institutionalization assesses the level of governance explores the context of interaction investigates the compliance with the norms of the system of governance. This collection contributes to the ongoing reconceptualization of security and definition of security governance, and explores whether regional security governance processes are unique or similar and whether some organizational experiences can be seen as models for others to follow. It combines a coherent theoretical framework with strong comparative case studies, making it ideal reading for all students of security studies.