Title: Study on the independence mechanism of independent directors in China
Abstract: Independence is the foundation of independent director and independent director system.Legislation stipulates that independent directors are not only independent of the administrative office but also the large shareholders because listed companies in our country have special share ownership structure.This study shows that increasing in quantity and proportion of independent directors on the board will improve independence as a whole effectively.However,appropriate motivating and monitoring mechanism are able to ensure independent directors bring the independence of them into full play.
Publication Year: 2008
Publication Date: 2008-01-01
Language: en
Type: article
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