Research On The Regulation Of The Listed Corporation’s Director Remuneration

The deal of listed corporation paying remuneration to the director, is classified as therelated party transaction. While the remuneration of the listed corporation’s director is toohigh, it not only Increases the agency costs, also indirectly causes damages to the interestsof shareholder, which should be regulated. The problem of highly listed corporation’sdirector remuneration, has already been one topic of corporate governance in each country,which illustrates the conflicts of interest in principal-agent theory.This article discusses the theory of integrating the rule of law and the accounting codes toregulate the listed corporation’s director remuneration together. Using the methods ofcomparative study, Quantitative research and Interdisciplinary research, this article exploresthe appropriate to the regulation of the listed corporation’s director remuneration, from therule of law perspective of direct regulation, tax rule, judicial review, information disclosurecompensation and from the accounting codes perspective. It is the proposal that the listedcorporation’s director remuneration standard of reasonableness should be united with theaccounting codes, which is the Responsibility of listed corporation remuneration andappraisal committee, Board of directors, and shareholders’ meeting, the legal advice oflisted corporation’s director remuneration should be united with the accounting codes,further advocating the view of integrating the rule of law and the accounting codes toregulate the listed corporation’s director remuneration together.