Monday, October 16, 2017

Finance education between CEOs in Asia

Opening a company in Asia may have additional challenge for every investor. You will need, initially or in time, educate your CEOs in financial matters. Reason for being so is not to loose their trust. Usually every CEO you employ in beginning are also a small shareholder of the entity and it makes friends to agree on the basic principle or decision making upfront. If yoi decide to do so in time discussion will be longer and very deep. And in few cases you might loose motivation of your people and this is what you just dont want to happen.

I propose you to read few Articles of association or few Shareholders agreements to get in better knowledge. And also respect local culture and better ask before you become convinced. F.e. stockholders equal shareholders in Philippines and you might misinterpret it once seing it as a foreigner.

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