Independent Director System Of Listed Companies In China

Independent director system originate from America and Great Britain western developed country," inside people control" issue produce to appear because the stock right is highly dispersed. Under the general background in present of our country listed company and big shareholder encroaching on country and medium and small stockholder's equity comparatively, it spends to be one rich practice subject of meaning extremely by me how to use for references of U.S.A., etc. independent director system going ahead of the rest theory and practical experience of country rationally. Our country no matter theory circle or business circles also is at the starting stage to research and practice of the independent director at present, Theoretical foundation on that system producing still scarce to study to independent director, Wide application and perfecting the independent director's system need to do a large amount of research and practical exploration work of in our country.This article is divided into four parts altogether. At first, sum up the independent director's system on the whole. Proceed with the independent director's meaning, analyzing the reason and state of development that independent director system raises abroad. The second part of this article manage from information asymmetry theory, agency by agreement theory and Company theory, etc. analyze the theoretical foundation of that system produces with angles. And introduced the latest research results of the independent director's system and developing direction in U.S. A. in the future. Drew lessons from international experience of independent director system. The third part expounds the practice situation on independent director system in our country. Reviews independent director system development course in our country briefly, Analyses the necessities that our country listed company introduce independent director of system. Think while our country really plays a positive role, the independent director has some problems that demand prompt solution too. The fourth part of articleis the most important thing of the full text. Through the above analyzing independent director theory of system, and combine the reality of our country correctly, Whether it think this text should orientate function of listed company independent director of our country as checking and balancing holding shareholder on behalf of " people not inside" control, Safeguarding the benefits of the country and minority stock holder. The article also does the further discussion on the question of the relation of independent director and the board of supervisors, Think that should define right border of between independent director and board of supervisors clearly, so that supervision function of independent director" sew and insert" the current company manages frames, make the independent director and board of supervisors cooperate each other, give play to the function of supervising together. This article has sketched the concrete system on independent director, such as mechanism of producing, encourage and ensure, the tied mechanism, external system tentatively, etc.