China's Independentdirectors In The Discharge Of Duties And Its Perfect

This paper mainly on the rise in recent years of the independent director system in the development of our country as well as perform the duties of independent directors in the issues discussed by the independent director system of comprehensive analysis and found that it performed its duties and the existing problems in the analysis of its causes and targeted to improve the proposal.This paper is divided into three parts. The first part focuses on the duties of independent directors in the execution of the existing problems, including: independent directors it is difficult to guarantee the working hours issue, we can not obtain accurate information on the issue, the lack of effective incentive and restraint mechanism, the lack of independence of independent directors the issue of independent directors of their duties, such as the problem of insufficient capacity.The second part of the article discusses the result of China's independent directors has performed its duties in the cause. They include: China's independent directors elected mechanism unreasonable, China's independent directors incentive mechanism is imperfect, our independent directors liability system gaps, our independent directors and board of supervisors of the existence of overlapping functions, etc. The third part of the article discusses the role of independent directors to the perfect proposal. Start from the seven major areas discussed. Specifically include: First, improve the mechanism for selecting independent directors, establish a scientific mechanism for selecting independent directors; Second, improve the incentive mechanism of independent directors. Including the development of independent directors pay reasonable standards, the establishment of an independent chairman of incentive mechanism to enhance the reputation of independent directors, and other incentives; three, and improve the system of independent directors responsibility. Including the establishment of independent directors accountability system, the establishment of an independent director liability insurance system; four, reasonable definition of independent directors and board of supervisors of functions and play the independence of independent directors oversight responsibilities; 5, the establishment of small and medium-sized independent directors and shareholders information communication system; 6, the establishment of Independent Directors Association, the strengthening of independent director system construction; seven other measures to improve.