Not all companies have the right skill-sets nor sufficient headcounts to exercise proper governance and oversight on their joint venture operations. This is made even more complicated by cross cultural boards of directors.
As a result, many shareholders feel frustrated about the lack of influence they have over the performance and direction of the joint venture.
It is also recognized the need for resolving disputes is de rigueur in Sino Foreign partnerships, often a result of insufficient or erroneous communication between the shareholder partners.
DaLu can add value by being involved in board committees or actual board meetings, either being appointed as special shareholder representatives or holding directorships , and as a result bring a wealth of venture management experience and cross cultural integration to the table. Furthermore, we are hence well-equipped to assist in the event of arbitration or mediation as disputes escalate.