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Business Investigation Imagination
------Acceleration to the Reformation of National Law System

“What’s your opinion of the business investigation industry please?” you ask a person like that. “What do you mean by business investigation?” most of the interviewee reaction will be is or shaking head. your business trading conducting. This is so called due diligence invesitgation.

Established nearly 10 years ago, the business investigation in China is still a brand-new industry to the society. Most of us are much more familiar with the word: private detective. Most of the results about detectives will rush into your eyes when you search for something with the keyword “investigation” in the engines, such as www.google.com or www.baidu.com. The results show us that the business investigation in China is taken to be the same category with private detective by mistake. Strictly speaking, private detective is part of the investigation industry, which consists of market investigation, business investigation and so on. And it seems that the public opinion of the private detective in China is mostly negative. This is not an objective viewpoint. Even in China now, the private detectives’ emergence is to meet the need of the society. Their contribution to the steady condition of the economy is far more than the troubles from some of them to the system. This is a coin with two sides. Not albatross from the criticism of the media but the objective and fair-minded comment makes goodness to the development of the industry. The sagacious attitude is to be the obliger who gives advice to them.

All this turbid condition now in this industry accords with the universal law: any industry at its beginning is full of participators that differ in their capability and professional status. Only the very professional team in the industry can meet the challenge of management and services to clients. Only the very professional team can bear the palm in the environment where competition is becoming harder and harder. Only the very professional team can build up a brand well known to the public. Only the very professional team can clarify the real character of the industry. Only the very professional team can establish and maintain the reputation of the industry.

Frankly speaking, a business investigative company should be considered as the folk force that maintains the kilter of the economy besides the government. With the developing of the society, the subversive ingredient of the economy is also booming, such as contract chouses and so on. Business investigation is a effective way of risk prevention and elimination before or after the business action as well as in all the steps of the business control. It’s the essential source of the business resources for the company management. The complementarity of business investigation and national judicature emerges acutely when the business investigation company accelerates the reformation of the national legal system.

From August 2004, the Development Research Center of the State Council of THE PEOPLE’S REPUBLIC OF CHINA has been in touch with Beijing Orient Business Investigation Company (BOBI). Their focus is to investigate the suggestions of the revision of the Contract Law. The Center has fully trust in the professional aptitude of BOBI which has got good reputation in the industry. And BOBI is confident in fulfilling the request of the Center and is greatly willing to contribute to the development of the social legal system. Based on the communications and intercommunions, the Center and BOBI came to an agreement on the investigation of the suggestion.

As mentioned above, the investigation is about the suggestion of revision of the Contract Law. The background is that the Contract Law has become effective more than 10 years since July 1994. The economic environment has changed greatly during this period. The small amending on some parts of the law can no longer meet the needs of the economy development. So it’s time for comprehensive revision on the law. In order to ensure the perfect function of the law, not only perfect theory but also accurate comprehension of the real needs of the society is needed. To gain the attitude and suggestions of companies to the pre-revision, the Enterprise Economic Research Institute of the Center determined to carry on “an investigation of the suggestions of the revision of the Contract Law”. And the very executor of the investigation is BOBI.

BOBI accepted the mission according to several reasons: the first is that the action tallies with the function of the industry, the second is that we are always urged by the responsibility to the society, the third one is that BOBI can not only spread its operation extension but also build up a good public impression of the business investigation in China. Business investigation excludes the detection of marriage affairs, family violence, community property, the suchlike and so on. Business investigation with the goal of maintaining the order of the business environment is absorbed in the business safety.

As soon as the commission was identified, BOBI formed a team that consists of keen-witted specialists. The team worked together as one man, adjusted the operation project timely according to the conditions. They got over various unexpected difficulties in data collection, data statistics and report composition in cooperation. All the 1000 questionnaires were sent out and 804 effective questionnaires came back. The investigation object contains top 500 China companies, some other big join-stock companies and some foreign companies’ branches in China.

The operation went on not plain sailing to the end. But the process was entirely under the control of the plan. During the investigation, the team got passionate help from Professor Li Meng who came back from Canada at that time. Advice from Professor Li served as another key to the success of the work on his knowledge about survey method.

The final report was highly evaluated by the Center. And everyone of the team was gratified with his contribution to the development of the law of the nation.

Department. They have rich experience in legal practice and work experience in enterpresis. Rich
Experience of investigation, multiple language ability talent team joined with resource from our company, makes Orient can provide more efficiency professional service for enterprises!

To tell the truth, we worked hard not only for the profits, but also for the reputation. But we are not for our own reputation. We put more weight on the public impression of the business investigation industry. We are surely willing to go on with efforts. And we have already been making efforts from the beginning.

 

 

Beijing Orient Business Investigation Co., Ltd

Tel:8610-63959393 63993981  Fax:8610-63993989
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