Directors Of Listed Companies System

Nowadays the director system of listed companies is an important part of company law system in the world. The paper begins with a synopsis of director system. It defines the concept of the director, introduces the classification of directors and then points out the questions of director classification in our company law. The perspective of legal status of listed company's directors comes at heel. It points out that the legal status of directors of our listed company is the unity of legal stipulation and conceptual stipulation. The director system of listed company relates to rights and duties of directors. The discussion of rights and duties of directors is an inherent connotation of the directors' system of listed companies. There are many defects in the aspects of rights and duties stipulation in our directors system of listed companies, mainly including too fewer rights granted to the directors, lack of care duty for directors, incomprehensiveness of allegiance duty for directors. The abuse of power and breach of duty will inevitably result in the undertaking of liability. Via the analysis of the liability system of corporate directors, this thesis makes the study of director system of listed company become a complete system. The final part is the concept about how to perfect and improve the director system of our listed company, mainly elucidated from the perspectives of duty and liability.