DocumentCode
3518538
Title
China´s Independent Director System Studied
Author
Xu Guang-yi ; Ran, Yang
Author_Institution
Sch. of Manage., Harbin Eng. Univ.
fYear
2006
fDate
5-7 Oct. 2006
Firstpage
1050
Lastpage
1054
Abstract
There is system arrange conflict on the course on China introduces independent director\´s system, Mechanism system of Great Britain and America arrange as: "first system mode", set up shareholders\´ meeting and directors\´ board only for company, And what China adopted is "two system mode" that board of directors and board of supervisors coexist, The independent director\´s system implementing effect is unsatisfactory. After more than ten years of development, Chinese independent director\´s system is complete gradually, most listed companies have already allocated the independent director according to the requirement of the stock supervisory committee, the independent director\´s system is basically carried out. But the corresponding laws and regulations still remain to be sound, under the system of now, most independent directors have not functioned. This text analysis Chinese special national conditions have explained the implementation background of Chinese independent director\´s system, have pointed out the exposed defect in current situation and implementation course that the independent director\´s system is implemented, on this basis, orient the independent director\´s function, right rationally, put forward the suggestion voluntarily
Keywords
management science; organisational aspects; China independent director system; board of directors; shareholders; stock supervisory committee; Board of Directors; Companies; Concrete; Control systems; Engineering management; Personnel; Psychology; Radio access networks; Security; Text analysis; Company administration; Independent director; Right;
fLanguage
English
Publisher
ieee
Conference_Titel
Management Science and Engineering, 2006. ICMSE '06. 2006 International Conference on
Conference_Location
Lille
Print_ISBN
7-5603-2355-3
Type
conf
DOI
10.1109/ICMSE.2006.313984
Filename
4105050
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