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Moving MillionsThe Commercial Success and Political Controversies of Hong Kong's Railway$
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Rikkie Yeung

Print publication date: 2008

Print ISBN-13: 9789622098824

Published to Hong Kong Scholarship Online: September 2011

DOI: 10.5790/hongkong/9789622098824.001.0001

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KCRC's Governance Controversies

KCRC's Governance Controversies

Chapter:
(p.125) 6 KCRC's Governance Controversies
Source:
Moving Millions
Author(s):

Rikkie Yeung

Publisher:
Hong Kong University Press
DOI:10.5790/hongkong/9789622098824.003.0006

This chapter gives a parallel review on the controversy-plagued corporate governance of the KCRC. It argues that the operating environment and tasks of the KCRC were indeed not the same as the MTRC due to differences in the specifics of government policies. The KCRC corporate leadership also responded differently in meeting the various internal and external challenges, which sometimes created controversies and even scandals. This discussion contrasts the experience of the KCRC with that of the MTRC as regards to business focus, financial history, board governance, and corporate leadership and highlights three major public controversies in its corporate governance.

Keywords:   corporate governance, transport services, merger, corporate leadership, MTRC

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