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Study Of The Independent Directors' Remuneration System

Posted on:2007-07-12Degree:MasterType:Thesis
Country:ChinaCandidate:J TangFull Text:PDF
GTID:2206360185484930Subject:Economic Law
Abstract/Summary:PDF Full Text Request
In August, 2001, the CSRC promulgates " Instruction Opinion about the marketCompany in Our country To establish Independent Director System ", symbolizes theindependent director system in our country's official establishment, Recent years, inthe legal science, the independent director system is always a hot topic of law ofcorporation researches, such as independent director in our country whether has thesurvival soil, the coordination on independent director system and the board ofsupervisors system, the independent director appointing and dismissing ,power andresponsibility and so on, is warm at the legal science argument. But aboutindependent director salary system, economical and management science researchmore, the legal science pay little attention relatively. The author thought that, In theindependent director law system construction, the salary system is the very importantconcrete system, this system relates to the independent director's independence,independent director's right, voluntary and responsibility hypothesis and so on aseries of questions, therefore the independent director salary system should be in theindependent director law system the extremely rich research value theory topic"The learning from others, may attack the jade", American and England's independent director system has the representative two kind of independent directors system, two relative is also mature in the independent director salary system aspect, their common procedure includes: Giving the independent director by the many kinds of forms drive, the salary level also presents the trend of escalation. But the differences also very obvious: (1) The English independent director's salary level must be lower than US generally; (2) The stock option is more popular in US ; (3) The salaries decision institutions also are different. Our country independent director salary system is very imperfect, the question mainly manifests in: Salary drive insufficiency, form sole, the disparity is really far between the salary, the salary decision institution is unreasonable. In view of our country independent director salary present situation, profits from the America and Britain independent director...
Keywords/Search Tags:Independent Director, Salary, Director, Incentive
PDF Full Text Request
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