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The Construction To Perfect Ensuring Mechanism Of The Independent Directors' Independence In The Listed Companies In China

Posted on:2009-03-11Degree:MasterType:Thesis
Country:ChinaCandidate:C M JiFull Text:PDF
GTID:2189360245990429Subject:Accounting
Abstract/Summary:PDF Full Text Request
The independent director originated from such countries as western America and Great Britain in the 19th centuries, etc. It has already received certain effect in practice: Perfecting the corporate governance structure of listed company and arranging in system of protecting the interests of medium and small investors. On August 22th, 2001, China's Securities Regulatory Commission published"The instruction about setting up the independent director's system in the listed company", which regards independent director system as an important action of perfecting administration structure was introduced into our country.As to the independent director system, independence is its core and soul. The independence means that there must be no relations between independent directors doing their works. And the independence also means that independent directors can catch commercial incident essence and dare to express their own view. On the basis of the independence, with the realities in China, this article tries to research the mechanisms of ensuring the practical independence of the independent director and hopes it will be worth to construct the Chinese characteristics independent director system.There are 6 parts, including 6 chapters and the ending. In the first chapter I summarize the independent director system, the writing meaning, which introduces from foreign countries and scholars. In the second and third chapter I discuss the definition of independent directors'independence; and research the factors influenced the dependence of the independent director in the forth chapter; on above-mentioned analysis, the thesis divides the independent directors'independence into introductory independence and operating independence ,and puts forward some suggestions to strengthen the independence in the fifth and the sixth ,which are the most important parts of this article, such as perfecting the choosing mechanism, building motivate mechanism, adding the number of the independent directors and so on .
Keywords/Search Tags:Corporate Governance, Independent Director, Introductory Independence, Operating Independence
PDF Full Text Request
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