The Impact Of Agent - Agent On The Performance Of The Company Under Agent

Independent director system has been an important object of study in the field of corporate governance in China, and Endogenous determinants of board structure is also a hot topic in corporate governance in recent years. Though here are many shortcomings, once become the "Vase Director" in the hearts of everyone, with the improvement of the independent director system, independent directors began to get more attention of scholars. While most scholars GID studied its characteristics, there is little literature on account of its characteristics in different places. In recent years, an increasing number of listed companies began to employ remote independent directors, the proportion between independent director and the total number of Directors is increasing year by year. Why are so many companies in the recruitment of independent directors keen to far away? Based on this phenomenon, the paper by the method of literature from the perspective of different places characteristic of independent directors starting to explore the remote independent directors of strengths and weaknesses, and their strengths and weaknesses and how they affect the company’s operating performance, through empirical research and analysis, It leads to several important conclusions. In the current corporate governance, the existence of remote independent is an important means to enhance the role of the Advisory Board. As market competition accelerates, their management will gradually focus more investment to boost the company’s operations, leading to the advisory role of independent directors appears particularly important for the company’s growth, and it also played a certain role to the company’s growth and expansion. Meanwhile, the presence of independent directors can break the influence of "acquaintance" social identity to some extent and i ncrease the effectiveness of independent directors on the company’s supervision. The results show that the independent directors appointed election places not only enhance the company’s profitability, improve operational efficiency, but also makes the company’s operating performance with remote proportion of independent directors to improve and increase. Meanwhile, if the remote independent directors GID a certain political context is also conducive to the company’s operating efficiency in different places, of course, due to restrictions on the distance, if the company’s board meeting held too much will only increase its agency costs, reduced operating performance. In addition, the article a lso how to promote independent directors to provide off-site operating performance put forward countermeasures, and made corresponding research prospects. These studies provides new evidence for the area of corporate Govance research.