From Economic Observer Online:
On Dec 18, employees from Dawu Group gathered in the auditorium of Xushui Middle School to elect the company’s new board of directors.
This was already the third such board election since Sun Dawu, the firm’s founder, created a “constitutional monarchy” to manage his diversified agrobusiness in 2004.
After a brief stint in prison that left his firm without an adept at the helm, Sun, a former peasant, sought to model his growing firm’s corporate governance in a way that would guarantee smart leadership and stable growth well into the future.
