A Study On The Choice And Perfection Of Internal Supervision Mechanism Of Listed Companies In China

Perfecting the internal supervision mechanism of listed companies is the key to the governance of listed companies.China's listed companies internal supervision mechanism is the first use of the board of supervisors system,the board of supervisors are parallel with the board of directors and acts as the sole supervisory authority for internal supervision.Later,due to the dominance of state-owned shares of listed companies,supervisors can not really independent and other issues led to the failure of the board of supervisors,can not effectively achieve internal supervision.In order to make up for this shortcoming,China has followed the introduction of the independent director system in the Anglo-American law system,and began to implement the internal supervision mechanism of the listed company in parallel with the independent director system.After the introduction of the independent director system,whether the board of supervisors system and the independent director system should be parallel,how to improve the internal supervision mechanism of listed companies in our country has never stopped.Based on the above background,China's internal supervision mechanism for listed companies should make what choice and how to improve,this article will make a specific analysis.This paper starts from the selection of the internal supervision mechanism of listed companies,analyzes the current situation of the independent directors system and the board of supervisors system,and draws lessons from the choice and experience of the internal supervision mechanism of the listed companies in foreign countries,so as to discuss how the internal supervision mechanism of listed companies in China Choose and perfect.This paper finds that the improvement of internal supervision mechanism of listed companies should be based on the choice of internal supervision mechanism of listed companies,that is,choose to give independent choice of listed companies in China.On the basis of choosing our own choice of board of supervisors or independent director system,the supervisors system and the independent director system are perfected separately,and some suggestions are put forward for the improvement of these two systems so that the two systems can be applied separately To achieve the purpose of internal supervision of listed companies in China.