The Regime of Independent Directors' Functional Complement To China's Board of Supervisors
Xie Chao-bi
Abstract
Xie Chao-bi
Abstract
The regime of independent directors embodies outsiders check insiders,a new idea on corporate governance. Considering the internal deficiency of board of supervisors in China's stock companies based on the aspects of law tradition and systematic construction,etc. and referring to the experience of Germany companies' board of supervisors,China's adoption of the regime of independent directors can functionally complement board of supervisors,thus enhancing the Board of supervisors present structure of corporate governance.
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The regime of independent directors embodies outsiders check insiders,a new idea on corporate governance. Considering the internal deficiency of board of supervisors in China's stock companies based on the aspects of law tradition and systematic construction,etc. and referring to the experience of Germany companies' board of supervisors,China's adoption of the regime of independent directors can functionally complement board of supervisors,thus enhancing the Board of supervisors present structure of corporate governance.
Key concepts: China, Corporate governance, Accounting, Business, Complement (music), Corporate law, Supervisory board, On board