Research On The Independence Of The Independent Director

In the 20th century our formal introduction of independent director system,as an effective means to improve the corporate governance structure,the independence of the board of directors,to strengthen the function of the Board to ensure scientific decision-making,ease of internal control,to protect the interests of small shareholders one.Independent director system implemented ten years,although to some extent compensate for the lack of supervisory system and improve the corporate governance structure,however,the independent director system in our country does not achieve the desired results,the reason is largely because the independent directors do not maintain a good independence.Key independent director system implementation is to maintain the independence of independent directors,independent director independence is the basis for the exercise of its supervisory authority,if the loss of the independence of the independent directors,also completely lost the fundamental value of its existence.Currently the independence of independent directors is independent external formalism,did not reach substantive independence analyze the main reasons for the selection of independent directors system is not independent and not independent economic rewards on the result due to the dominance of the functions not difficult to maintain independence and spiritual independence in China this human relatively important countries.Therefore,to the independence of the independent directors as a starting point,a lot of reading literature at home and abroad about the independent directors,the Meaning of independent directors and independent directors by studying abroad in operating results and assurance measures taken by the independent directors,on how to ensure the independence of the independent directors to make some improvement in the recommendations.The first chapter describes the background and significance of the topic,and through the research status of independent director independence is analyzed to draw independent director system should be improved.The second chapter is the theory,the concept and features of the independent directors do a detailed description and definition of independent director independence and meaning in-depth analysis,and then describes the independence of Independent Directors significance.Chapter III for the independence of the independent directors will be described and pointed out the status of independent director independence insufficient reason consists mainly of elective mechanism factor compensation system,the exercise mechanism,accountability and evaluation mechanisms 5 and other aspects of the fine.The fourth chapter study measures the United States,Britain,Japan and the countries of the independent directors of the status quo in terms of improving the independence of independent directors to take,which can learn to get a place.The fifth chapter 5:00 reasons described in Chapter 3,combined with the fourth chapter draw on advanced foreign place independent directors,independent directors put forward to improve the independence of 4:00 measures.Chapter VI by analyzing China Gas "astronomical director" of the case,the study case of insufficient independence of local independent directors for the company's specific circumstances put forward recommendations to improve the viability of independent director independence.