Abstract

This paper tries to analyze the stakeholder view development of CNPC and explain the way in which CNPC grew up by analyzing the historical situation of company and Chinese special changing political and economic environment in which CNPC was run. After analyzing, this report will explain why some stakeholders counted while others did not during periods. Then CNPC’s stakeholders in different periods will be analyzed under certain circumstances in Chinese oil and gas industry backgrounds. What were the guidelines for CNPC to prioritize various stakeholders? Did the framework about stakeholders work in CNPC considering the fact that CNPC was run in much more different political regime from western countries, especially North America and European countries. Subsequently, the paper will analyze challenges about the how to resolve the stakeholder issues which CNPC has to face when it implements its globalization strategy.

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