Title: China's Independent Director System Studied
Abstract: There is system arrange conflict on the course on China introduces independent director's system, Mechanism system of Great Britain and America arrange as: "first system mode", set up shareholders' meeting and directors' board only for company, And what China adopted is "two system mode" that board of directors and board of supervisors coexist, The independent director's system implementing effect is unsatisfactory. After more than ten years of development, Chinese independent director's system is complete gradually, most listed companies have already allocated the independent director according to the requirement of the stock supervisory committee, the independent director's system is basically carried out. But the corresponding laws and regulations still remain to be sound, under the system of now, most independent directors have not functioned. This text analysis Chinese special national conditions have explained the implementation background of Chinese independent director's system, have pointed out the exposed defect in current situation and implementation course that the independent director's system is implemented, on this basis, orient the independent director's function, right rationally, put forward the suggestion voluntarily
Publication Year: 2006
Publication Date: 2006-01-01
Language: en
Type: article
Indexed In: ['crossref']
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