Research On Ways To Promote Board Governance Performances Of The TRD Listed Company

With the large number of domestic and foreign exploration and practice of corporate governance, board governance has vividly become the core of modern corporate governance. As the decision-making body, the board of directors has the decision-making and managers’evaluation and supervisory functions. So it is the key to the company’s long-term development and the interests of shareholders, and it will have a significant impact on corporate performance. Therefore, how to evaluate the board governance is of great significance to improve the corporate governance structure, promote the long-term development of the company and achieve the maximization of stakeholder’s interests.The purpose of this research has two aspects:through the research on the effect of the case company’s board governance, on the one hand, we can find the succeses and shortcomings in the operation of its board of directors and promote the shortcomings, that is useful for improving the internal corporate governance structure and protecting the company’s long-term interests and the interests of the stakeholders.On the other hand,the research can provide relevant references for board governance evaluation and provide a reference for other similar company.This paper adopts the normative and case study research methods. Through reviewing the relevant studies on board governance, it has constructed the board governance performance evaluation index system from the perspective of the duties of board.Taking the TRD Co., Ltd as an example, this paper use the evaluation index system to appraise and diagnose its board governance, and analysis the factors affecting board governance, such as the board structure, board behavior and directors incentive. Finally, this paper has made a study on the approaches to boost the board governence performances, such as optimization the ownership structure, optimization of board size and structure, improveing the system of independent directors and the professional committees of the board of directors.