| In the modern market economy, Ltd. is a relatively common economic structure. This Limited, the board of directors and top management is the core layer, the company major business decisions are made by the board to. Currently, the law on Limited Board of Directors is very well organized. With modern corporate governance system is constantly enriched and improved internal control mechanisms, Ltd. has been widespread concern, "shareholders" how to locate and play a role within the company in order to promote the balanced development of power and interests within the company. As a modern organization independent corporate governance, Ltd. to carry out business activities through the mechanism of natural persons. After entering into the new century, the modern corporate governance structure and system has undergone major adjustments and changes. With peeling and independent board of directors decision-making power of ownership and management of enterprises continue to strengthen. Especially in the Limited, the board of directors system has absolute leadership and decision-making powers.Currently, the process of governance in our country, Ltd. revealed many outstanding questions, many of which have a direct or indirect relationship with the Board of Directors, the Board of Directors as the company’s core of power, many corporate governance issues associated therewith. Thus, reform and improve the system is an important task of the current board of directors Limited internal governance reform. But reform faces greater risk, behind corporate governance issues affect a variety of reasons, the Board of Directors to take on important responsibilities. Currently, how supervision and restraint of the Board become a problem of public concern, corporate governance reform very often have a great relationship with the Board.This article consists of four chapters altogether. The first chapter describes the Corporation Board system theory and concepts, the second chapter describes the reasons for the current domestic Limited Board System Operations Problems and behind, and leads to the topic of this paper, that is, how to share limited The Board of Directors defines the legal status. This chapter of the System Development Corporation Board of Directors, and other background and reasons of the sort, the board of directors related to the legal, functional role in the development process and the future development direction of depth. The third chapter is the analysis of foreign institutional and operational experience of the Board, the Board of Directors that the reform of the domestic system to provide guidance, from a legal perspective analysis of the legal status of the Company’s directorate in order to obtain valuable conclusions. The last chapter is the main content of this paper, by the subject of this article from the perspective of corporate law analysis and appraisal, and the formation of this study point of view, an improved legal opinions and Countermeasures Corporation Board System. |