The Improvement of Corporate Governance in China Viewed from Foreign Models

There are two typical models of corporate governance: the British-American one and the German one. The two each have their own characteristics. In the course of establishing corporate governance in China, if we can draw upon the independent director system and the specialization of decision-making of the British-American model and absorb the experience of effective power checking and balancing of the German model, we can overcome the ills of China’s companies and markedly improve corporate governance of the companies in China.