Study On Independent Directors' Function In The Corporate Governance In China

Independent director's system is the system that our country draw lessons from a British and American company .The original intention of setting up independent director's system should be well-meaning. And it is helpful at present, such as preventing shifting assets, prescribing related business, making beneficial suggestions on the company's management, protecting the rights and interests of the medium and small stockholders, etc. This text inquired into the related problems of theindependent director's system, with independent director's "sill and soul" ------independence for a correspond point, with analyze the independent director's characteristic and the role in the company, study on Independent director's function in the Corporate Governance, then puts forward some suggestions to perfect the independent director's system.Usher the progress of listed company reform in our country, setting up the independent director's system should be well-meaning. But in our country, the listed company ownership of a share structure not reasonable, the infirmity of the supervisor function, state owned only big, the company is actually control by "internal person" and plus the independent director not very perfect in the design of system level, the independence which practices in the independent director is very rare to guarantee, express at the nominate of independent board director, authority and encourage with responsibility etc. To this, this text sets out from the independent director's characteristic level, contact our country actual, total is divided into three parts elaborate how to perfect our country's independent director's system in the listed company .The first part synopsis introduces independent output background and reason of director's system. The second part analyzes the independent director's main characteristic and it is function in the company .The third part combine present condition and problems in our country's listed company, elaborated the limiting factors in our country practice .Later analyze on how to guarantee the independence director really work in listed company. From the improvement ownership of a share structure, reasonable definition independent director and supervisor will relate to, build up the science solution of choose, etc. put forward a suggestion. The article finally gets conclusion, the independent director system's managing a medium function in the Chinese listed company, the benefit is big at the fraud into independent director's system. But to the perfect term of the independent director system will be heavy but a far way. The listed company manages a structural progress not only need an perfect independent director system , but also need an other system of match and the support of the exterior environment.