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Independent Directors And The Management Of Surplus Relevance Research

Posted on:2007-09-23Degree:MasterType:Thesis
Country:ChinaCandidate:W P SuFull Text:PDF
GTID:2179360185457123Subject:Accounting
Abstract/Summary:PDF Full Text Request
As a modern corporate governance structure of the joint-stock enterprises an important component of the independent directors of enterprises operating in China played an active role irreplaceable has been recognized. 20th century the'60s and'70s, with the economy booming, the company's equity shares of further public; At the same time in the world, an increasing number of studies revealed the weakening of the functions of the objective facts. Equity of the growing public so that the internal control and the development of a modern enterprise contradictions. Faced with this situation, in the corporate governance structure of the West introduced the system of independent directorsChina's listed companies since August 21, 2001, the China Securities Regulatory Commission promulgated the "on the establishment of independent directors of listed companies in the guidance system", marks the beginning of our independent directors in listed companies to implement the system.。Introduction of the system of independent directors of listed companies, mainly in view of the existence of our company's management structure is too centralized, decentralized and public shareholders too weak force; Control of the controlling shareholders, led to the independence is not strong, decision-making, oversight functions properly; The board of supervisors fail to controlling shareholders, supervision of the Board of serious adverse internal control phenomenon. Zhongguancun, Lianhuaweijing, running behavior in a system of independent directors for a long time the premise is an individual phenomenon, or an independent director system does not play around? The main positive aspects from the implementation of the system over the years to test the independent directors,...
Keywords/Search Tags:Independent
PDF Full Text Request
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