Title: A study on the issue and the countermeasures of independent director in listed companies in China
Abstract: This paper indicated three problems of independent director system in listed companies in China, that is: independent directors did not or have some difficulties in assuming their responsibilities, or abused their rights by instigating and analyzing the listed companies in China. Then, some countermeasures were put forward: defining the rights and obligation and the independency of independent director clearly, improving the requirements of post qualification for independent director, cultivating professional independent director, reforming the selection mechanism and the salary system of independent director, and constructing and completing the legal system of independent director for the listed enterprises in China.
Publication Year: 2013
Publication Date: 2013-01-01
Language: en
Type: article
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