2010Journal of Harbin University of CommerceRequires access

Legal Aspects Research on the Relationship Between the Board of Supervisors and the Independent Directors

Hao Zhang

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Abstract

China's listed companies introduction of independent director system on the basis of maintaining its original corporate governance model,but the board of supervisors and independent directors have the same functions basically as the two kinds of monitoring mechanism of Corporate governance structure.Under the current economic system,the both shuld be a organic integrated,cancel the independent director system,strengthening the functions of the board of supervisors,implement control measures effectively,so it can overcome the waste of resources that duplication of the organizations should be emposed on the company.

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What this paper is about

China's listed companies introduction of independent director system on the basis of maintaining its original corporate governance model,but the board of supervisors and independent directors have the same functions basically as the two kinds of monitoring mechanism of Corporate governance structure.Under the current economic system,the both shuld be a organic integrated,cancel the independent director system,strengthening the functions of the board of supervisors,implement control measures effectively,so it can overcome the waste of resources that duplication of the organizations should be emposed on the company.

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Available abstract

China's listed companies introduction of independent director system on the basis of maintaining its original corporate governance model,but the board of supervisors and independent directors have the same functions basically as the two kinds of monitoring mechanism of Corporate governance structure.Under the current economic system,the both shuld be a organic integrated,cancel the independent director system,strengthening the functions of the board of supervisors,implement control measures effectively,so it can overcome the waste of resources that duplication of the organizations should be emposed on the company.

Key concepts: Corporate governance, Business, Accounting, Control (management), Supervisory board, China, Management, Political science

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