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The Research Of The Perfection And Development Of The Company System Of Independent Director In Our Country

Posted on:2006-01-22Degree:MasterType:Thesis
Country:ChinaCandidate:L G ChiFull Text:PDF
GTID:2166360152986186Subject:Political economy
Abstract/Summary:PDF Full Text Request
The Company System of independent director is a kind of company management system originated in America in the 1960's or 1970's. It is necessary for improving the company administrative structure, strengthening the effective supervision of its personnel and protecting the interests of whole company and middle or little shareholders that independent director system comes into being. The Company System of independent director is wide spread adopted by many countries now.By August 2001, China securities and administration Commission has decided to promote the Company System of independent director, our country is practicing this new system. Owing to the shortage of relevant law regulations and influences of our country's special political or economic system and social environment, the system of independent director didn't work well in our country, so that some people asserted that the system was not suitable to our country and denied the establishment of this system in our country. This article thinks that the difficulties the system is facing in our country now can't become the reasons to deny this system because environments are changeable and system can be creative. As long as we study the system thoroughly and modify it according to our national conditions: this system can surely work well.This article is divided into five parts, in which the theory and system frame of the independent director system are systematically expounded. In the first part, the article mainly explains the signification, background and development of the independent director system, and its research actuality at home and abroad. The second part of the article is the rationale of the independent director system. It discusses some correlative concepts of the theory and lays the theory foundation for a further analysis. In the third part, the article analyses the functions and defects in the system of independent director. It provides a basis for further analysis of the independent director system in our country, shows the correct direction of development and consummation of the independent director system. The fourth part of the article analyzes the status quo and the problem of China is facing after the independent director system was introduced into china. This part reviews the introduction course of the independent director system in china first. And then it analyzes the status quo and the facing problem of the independent director system in detail. The last part is about suggestions and countermeasures to the problems in the independent director system in China. In this part the author proposes a prospect for the construction of the independent director system in China, tries to establish a native system of the independent director according to the domestic situation.
Keywords/Search Tags:independent director, independence, equity structure
PDF Full Text Request
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