We train corporate travel agents for the travel industry.

2. Corporate strategies for seizing market opportunities

Distribution systems have reduced the market share of traditional travel agents, although high street travel agents still dominate the market in terms of distribution.

Capital Market Commission's Committee on Corporate Governance in Greece (1999). Principles on Corporate Governance in Greece Recommendations for Its Competitive Transformation (Mertzanis Report).

Urumqi normalizes the operating order of travel tourism market and regulates that travel agencies must sign contracts with tourists

It is recognized that there is an increase in the number of corporate governance accolades, awards, ratings, rankings and even corporate governance stock market indexes where constituents are selected on the basis of good practices in corporate governance.

Comparative Study of Corporate Governance Codes to the European Union and Member States. European Commission, Internal Market Directorate General.

Significant concentration exists, especially in the United States, where the travel integrators IAC, Sabre and Cendant represent over 90 per cent of the online travel agency market.

Issues that could be addressed in this connection concern further corporate involvement in overcoming information market failures with regard to investment and business opportunities in developing countries and corporate participation in risk mitigation schemes.

Although there is enormous potential in the self drive travel market, and active guidance from national policy measures, the self drive travel industry is still at its infancy stage.

For instance, the LCS Group (IT) has invested in the United Kingdom as part of its corporate expansion and market access strategy.

Microeconomic factors for investment site selection included the corporate tax structure, trade and customs regimes, the labour market situation and financial infrastructure.

Figures indicate that 70 of China s travel demand is concentrated within a 3km radius. On this basis, the short distance travel market will become a bike sharing paradise sooner or later.

At the same time however, the self drive travel market, the size of which is expected to exceed RMB1 trillion, is confronted with twin challenges. On the one hand, the development of the self drive travel industry is out of step with market demand. Self drive travel organizers such as self drive clubs and travel agents are confronted with meager profits. On the other hand, self drive travel ae confronted with infrastructure and services that are still in their infant stages.

32 William Lazonick, Public and corporate governance the institutional foundations of the market economy , paper presented to the Economic Commission for Europe (2001).

23. Needs previously mentioned were elaborated, namely, to maintain and increase market share, demonstrate compliance with national environmental legislation and enhance corporate image.

The panellist from the School of Oriental and African Studies (SOAS) stressed the need to view corporate responsibility initiatives in their specific market contexts.

Lazonick, William (2001). Public and corporate governance the institutional foundations of the market economy. Paper presented to the Economic Commission for Europe, May 2001.

Grundsatzkommission Corporate Governance (German Panel for Corporate Governance) (2000). Corporate Governance Rules for German Quoted Companies.

The role of the corporate sector, and corporate strategies

Statement on Global Corporate Governance Principles. International Corporate Governance Network.

Market trends increasingly reveal the growing demand for diversified travel experiences, from seaside resorts (often linked to mass tourism) to cultural discoveries.

(ii) for financial market users in particular, there is a need to understand how corporate environmental strategy and performance impacts on financial performance and shareholder value.

Corporate strategy

Corporate responsibility

Revised Statement on Global Corporate Governance Principles. International Corporate Governance Network.

Finance Committee on Corporate Governance (2000). Malaysian Code on Corporate Governance.

EFCT had worked hard to help achieve the Single European Market and it greeted the achievement as a major step towards simplifying delegate and exhibitor travel, opening new opportunities for meetings, conventions, incentive travel and trade shows.

Corporate Governance Committee (2004). The Belgian Code on Corporate Governance ('Lippens Code')

Committee on Corporate Governance (1999). Code of Best Practice for Corporate Governance.

This would require adequately addressing uptake problems with foreign technologies and ensuring that any technology market failures could be mitigated through appropriate regulatory responses and voluntary corporate initiatives.

In 2016, domestic tourism numbered some 4.44 billion persons, with self drive travel accounting for approximately 60 of total tourists in domestic tourism. By 2020, the size of the self drive travel market is expected to exceed RMB1 trillion.

Corporate specific reasons.

Initiative Corporate strategy

Corporate fund raising.

Corporate criminal liability

Corporate criminal liability

Corporate leaders realized that economic incentives accrued from being a good corporate citizen.

At the same time however, the self drive travel market, the size of which is expected to exceed RMB1 trillion, is confronted with twin challenges.

It is hard to understand why the market mechanism does not eliminate such questions. A well functioning market would produce outcomes that favor banks with the right exposures, the right compensation schemes, the right risk sharing, and therefore the right corporate governance.

There has also been a good deal of optimism expressed that corporate behaviour and market conditions are, if not fully favourable, at least more benign than in the past.

Committee on Corporate Governance (1997). Corporate Governance in the Netherlands Forty Recommendations (Peters Code).

European Corporate Governance Institute. (In particular, see index of corporate governance codes by country.

We'll travel far and we'll travel fast.

When we travel, we travel my way.